Fluorescent Lighting Phase-Out: Is your Business Ready?

As of February 2024, the UK placed a ban on the sale of new fluorescent tubes and CFLs (compact flourescent lamps). These products will no longer be manufactured or imported in the UK and EU as part of the EU’s Ecodesign Directive to reduce hazardous waste and promote the use of more energy-efficient lighting solutions.  

Fluorescent tube lights contain mercury, a hazardous material that can cause harm to human health and the environment – by reducing this, the UK are looking to lower the amount of harmful waste and encourage sustainability, including the use of more energy-efficient lighting solutions.

The environmental & cost benefits to your business

There are of course, other environmental and cost benefits to making the switch to LEDs, such as:  

• Greater energy efficiency (LEDs are up to 80% more energy efficient) so you can expect to spend less on replacing your bulbs.  

• Better energy conversion from LEDs using more energy on light as opposed to heat and sound, resulting in lower power for the same light intensity.  

• The increased lifespan of LEDs means they need to be replaced less frequently, saving you time and money on their maintenance.  

Staying ahead of regulatory changes is crucial to avoiding last-minute compliance updates and unexpected costs, but for many businesses, especially those operating large plants, warehouses or commercial facilities, the cost of upgrading to LED lighting can be significant.

However, ensuring your business remains compliant and upgrading your lighting to more energy efficient alternatives doesn’t have to disrupt your cash flow as there are asset finance solutions that can help you make the transition in a way that’s cost-effective and sustainable.

Finance your LED lighting upgrades

Using a finance option to pay for your LED lighting upgrades can enable you to invest now without the large upfront capital outlay, meaning more cash can be maintained within the business for use elsewhere.  

There are several benefits to using a finance option:  

• Spread the cost of your LED lighting and benefit from manageable monthly repayments at a fixed cost.  

• Avoid a large upfront expenditure and preserve cashflow within the business, helping you to reduce risk and budget effectively.  

• Access potential 100% tax benefits.  

• Gain access to flexible funding options that are best suited to your business.  

Asset Finance Solutions

We have arranged asset finance for thousands of UK organisations from sole traders to multinational corporations, and there is almost no limit to the range of assets that an organisation can acquire through finance. From office furniture to agricultural machinery, IT software packages to chip shop fryers, warehouse fit outs to hairdressing equipment and plant machinery to solar panels.  

Get in touch to discuss how our asset finance options can support your business needs.

Interested?

Our online finance portal enables a simple, efficient route to finance - get a quick quote or apply for finance today.

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Bluestone, Your Finance Partner

Bluestone is an independent, award-winning broker with a team of experienced professionals providing finance solutions to UK businesses, supporting them to invest in the future growth of their business. With over 27 years of sector experience, Bluestone takes pride in their ethical and consultative approach when securing finance to unlock your organisation's potential. For more information, visit Bluestone.

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