Guarantee for reducing energy and carbon from E.ON

18 March 2010

E.ON’s Sustainable Energy business and Self Energy UK have launched the Energy Performance Guarantee (EPG) – a ‘no gain, no fee’ service to help businesses drive down costs and meet Government carbon reduction targets.

The jointly developed EPG will help organisations meet their obligations through an energy use strategy that delivers guaranteed energy savings that outweigh the cost of implementation. The EPG will allow organisations to deploy decentralised energy systems such as solar photovoltaics without the need for up-front investment.
Under the Government’s CRC Energy Efficiency Scheme which comes into force next month, energy intensive businesses and public sector organisations will be responsible for recording and monitoring their CO2 emissions, and purchasing carbon allowances equivalent to their emissions each year.
Michael Woodhead, Managing Director of E.ON’s Sustainable Energy business, said: “The regulatory landscape is changing rapidly and businesses are struggling to respond. We’re ideally placed to provide low carbon advice and solutions to meet this challenge. Under the Energy Performance Guarantee we’ll fund and fit efficiency measures, with none of the financial burden going to our customers. The upfront costs are ours and customers only pay from energy savings that they make over a fixed contract period – it’s a win-win situation for them.”
E.ON's Sustainable Energy business is working with Self Energy UK to deliver energy efficiency projects in public sector buildings and has been appointed to the Building Energy Efficiency Programme (BEEP) by the London Development Agency to perform Energy Performance Guarantee projects in the public sector, all across the UK.
Paul Lewis, CEO of Self Energy UK, commenting on the partnership, said: “We are delighted to have been working in such close collaboration with E.ON’s Sustainable Energy business. Working together we will undoubtedly provide the public sector with an extremely knowledgeable and reliable supplier for their needs. London is setting the standard worldwide for efficiency delivery mechanisms and it is an honour to be involved in this groundbreaking initiative.”
The EPG puts businesses in greater control of energy costs and emissions and releases finance that can be used elsewhere in the organisation. E.ON’s Sustainable Energy business is able to manage the entire CRC process and support organisations included in the scheme (those that use 6000 MWh, at a spend of around £500,000 per annum) by undertaking audits, conducting behaviour change programmes and providing the tools and technologies that they need to reduce energy consumption.