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News : Irish Last Updated: Apr 24, 2009 - 5:31:05 PM


Irish SMEs could Save €200 million on Annual Energy Costs – Sustainable Energy Ireland
By Finfacts Team
Sep 15, 2008 - 10:20:05 AM

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Sustainable Energy Ireland (SEI), the State energy agency, has today launched a major awareness initiative to encourage more SMEs to avail of its free energy assessments service. SEI estimates that thousands of Irish SMEs could together generate savings of as much as €200 million by using its service to identify areas for energy efficiency improvements. Five hundred Irish SMEs have already availed of SEI’s Energy Assessments service, identifying potential combined savings of over €25 million. In every single case energy saving opportunities have been identified, often by 20% or even more.

Brian Motherway, Head of Industry, SEI said; “Coming into the winter months Irish SMEs will be increasingly conscious of their energy costs. Energy is becoming central to business competitiveness and the long-term survival of many firms. Hundreds of businesses have already acted to tackle energy use and are reaping the rewards. As well as the immediate savings, these firms are also preparing themselves for a future where inefficient over-dependence on expensive fossil fuels will not be an option. SEI’s Energy Assessments service helps companies to get started and identify where energy savings opportunities exist..“

At the launch of the awareness initiative, Gina Quin, Chief Executive of Dublin Chamber of Commerce, which has just signed up to avail of SEI’s Energy Assessments service commented: “I hear from businesses daily concerned about their energy costs and wondering what they can do about them. It is clear that there is something firms can do – take action to improve efficiency and reduce energy use. I would encourage all firms to avail of SEI’s free services and achieve the savings others have achieved.”

Many Irish businesses have already received advice from SEI and identified substantial savings opportunities. These range across a variety of business sectors including financial services, leisure, retail, hospitality, and dairy and food.

SEI’s Energy Assessments service involves specialist energy advisors helping SMEs to assess their energy use, to identify opportunities for savings and to take action to realise these savings. Participating firms are matched with an expert energy advisor who will talk to them about their particular needs and recommend the best actions for them. SEI does not charge for the assessments, but simply asks that firms make a commitment to following through on the advice they receive.

SEI’s current focus on assisting SMEs with energy efficiency follows its significant success in working with large business in Ireland. Large Irish companies engaged in SEI’s energy management programmes recorded energy cost savings of over €40 million in 2007. The 120 top energy using businesses in Ireland achieved these savings and the resulting bottom line gains through rigorous energy management programmes facilitated by SEI’s Energy Agreements Programme and Large Industry Energy Network (LIEN).

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