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Lorne Stewart Group
Lorne Stewart Group

Brexit vote behind confidence dip in energy efficiency…

The latestย EEVS & Bloombergย reportย has suggestedย that supplier confidence in the energy efficiency sector has fallenย to its lowest point in five years;ย detailing aย combination of supplier order books, sales prices, government action andย staffing levelsย hadย experiencedย anย overall confidence fall toย (-) 38 pointsย for the second quarter (Q2) ofย 2016.

This follows a decline of 21 points in the previous quarter to (-) 4;ย the most significantย dropย since the trends survey commencedย in 2012.ย 

Furthermore, it is thought that sectorย confidence has also been hit by the UKโ€™s decision to leave the EU, withย aย Bloomberg EEVS survey conducted before the voteย indicated bothย suppliers and consumers in energy efficiencyย favouredย a remain vote prior to theย outcomeย on June 23.ย 

 

View the full report here

 

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