Helping business save on energy bills

Helping business save on energy bills

Businesses in the North East are being offered the chance to save money on their energy bills thanks to a new service.

The Business Energy Saving Team is a new initiative set up to help small and medium-sized businesses cut their fuel bills by becoming more energy efficient.

It is available to small and medium sized enterprises in Newcastle, Gateshead, North Tyneside, Northumberland and Sunderland.

Up to 250 businesses will be eligible for an energy audit and funding is available for around 100 of these to apply for grants towards making energy efficiency changes.

Companies which take part can get an energy efficiency audit which identifies ways to save energy in day-to-day operations by:

  • upgrading lighting
  • replacing equipment with more energy-efficient models
  • suggesting new ways of working to save energy

Rising energy costs are a significant issue for all businesses which can redirect savings into operations.

Newcastle City Council’s Cabinet Member for Employment, Cllr Ged Bell, said: “This is a great example of what can be achieved when local authorities work together.

“This service will help small and medium sized businesses reduce energy costs, save money and make a valuable contribution to reducing harmful carbon emissions.

“I hope that businesses take advantage of the advice and funding that is on offer and take positive action to cut their energy bills which is often one of their biggest areas of spend.”

The project also aims to achieve a reduction of 1000 tonnes in greenhouse gas emissions.

It has been made possible with £670,000 from England’s European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme for 2014-2020.

For more information about BEST and an eligibility check, businesses can go to: www.best-ne.co.uk

Notes to editors

As part of the scheme, Narec DE will research energy-saving alternatives and make detailed recommendations, along with costings and potential savings on energy costs. It is then up to the business to decide whether to implement the changes or not.

European Regional Development Fund

The project is receiving up to £670,000 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.  The Ministry of Housing, Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations.  For more information visit https://www.gov.uk/european-growth-funding.