Small and mid-sized Irish businesses are becoming a major driver of Ireland’s energy transition, with solar power leading a surge in interest in renewable and more secure energy solutions, according to the inaugural Flogas Sustainability Report.
The nationwide survey of 300 business decision-makers found strong appetite for practical sustainability measures, particularly solar, renewable electricity and energy efficiency upgrades. However, upfront costs and uncertainty around return on investment remain key barriers.
Solar is the top priority for SMEs, with 34% of mid-sized businesses and 31% of small businesses planning to adopt the technology. Nearly half (46%) of mid-sized firms expecting to transition say they aim to install solar panels this year.
The report also highlights growing interest in alternative financing models, with 72% of mid-sized companies considering Solar-as-a-Service to reduce upfront costs while meeting sustainability goals.
John Rooney, Managing Director at Flogas, said: “This research shows Irish businesses are motivated and ready to act, particularly given the current uncertain outlook in energy markets, but they are consistently seeking practical, affordable pathways. They’re asking, ‘What’s the first step?’ and ‘How do we make this work financially with tangible cost control?’”
The report also shows sustainability is now firmly embedded in corporate strategy, with 92% of large businesses and 91% of medium-sized firms considering it important.
Upfront cost remains the biggest factor influencing decisions, cited by 62% of respondents, highlighting the need for clearer guidance and long-term value visibility as businesses accelerate their transition.
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