Mitigating financial shock through better energy management: Key questions for the care sector
This year, the care sector remains in a financially precarious position. According to the Financial Impacts of Covid-19 on Care Homes (FICCH), six in ten of the UKβs care home beds are operated by companies that could go bankrupt should they experience even a mild economic shock. Any future energy cost surges are therefore a threat and active energy management must play a central role in mitigating this danger.