Quantifying the Value of Risk Reduction with measurable.energy
Fire Risk in Commercial Buildings
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£650,000 – Average cost to a business from a single commercial building fire
(UK Fire Protection Association) -
£1,200/year – Average insurance premium to cover that risk
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40% of commercial building fires are caused by plug sockets, plug-in appliances, and leads
(UK Government Statistics)
Typical UK Commercial Building
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3,000 sq ft average size
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40 plug sockets per building
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£20.16/year per socket – Subscription cost of our smart monitoring solution
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£806.40/year per building (40 × £20.16)
Tangible Risk Reduction
Our sockets monitor and mitigate the most common cause of fires. Here’s how the value stacks up:
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Risk exposure from sockets = 40% of £650,000 = £260,000
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measurable.energy targets that specific £260,000 risk source
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Even a 0.31% reduction in socket-related fire risk offsets the full £806.40 cost:
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£260,000 × 0.31% = £806
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Summary: Tangible & Measurable Value
Metric |
Value |
---|---|
Annual cost per socket |
£20.16 |
Total sockets per building |
40 |
Total yearly cost |
£806.40 per building |
Fire cost exposure (sockets) |
£260,000 (40% of £650,000) |
Break-even point |
Just 0.31% risk reduction |
Our plug sockets offer direct, measurable ROI by targeting the #1 cause of commercial fires, delivering peace of mind and potential insurance savings for less than 0.12% of the building’s insured value.