better generation

E.on, the energy provider, has teamed up with Self Energy UK to produce the Energy Performance Guarantee (EPG) service, which promises “no gain, no fee”. The service is similar to the government’s recently launched Pay As You Save scheme that offers homeowners loans to cover the high upfront costs associated with renewable energy. Consequently, the loans are paid back over time through savings made from having lower energy bills.
An energy use strategy is used to produce “guaranteed” energy savings that will be greater than the cost of implementation.  As a result, cost savings may be appreciated while paying back the initial investment. If there are no cost savings then the business does not have to payback. Additionally, companies will be able to observe their energy usage with the Business Energy Manager Monitor, which will be supplied for free with downloadable software.

The EPG service is in preparation for the Carbon Reduction Commitment (CRC) scheme that will be launched next month. Also known as the CRC Energy Efficiency Scheme, it sets out to reduce the carbon emissions of larger “low energy-intensive” organisations, estimated at about 5,000 in the UK, which accounts for about 25% of the business sector. This would be achieved mainly through a mandatory carbon trading scheme that aims to achieve a 60% reduction in carbon emissions by 2050.the scheme will apply to companies in the public and private sector, working in tandem with the European Union Emissions Trading Scheme (EU ETS), so that emissions counted in the EU ETS will not be included in the CRC.