A commitment to energy and the environment does not always have to involve capital and investment.
There are many schemes available to help companies introduce themselves to generation projects with no upfront costs required and tax breaks for projects which do require a level of investment.
Power purchase agreements are most commonly associated with solar panels. Where internal funding is limited then a FREE solar solution can be exactly what your looking for which will help to raise your profile and reduce your reliance on grid energy. Solar is a low maintenance project with a visual presence and can offset your consumption through high charging peak periods.
For companies who pay corporation tax then a scheme call “enhanced Capital Allowance” will help where you have invested in LED lighting, boiler replacement, water conservation and variable speed drives for example. The value of these projects are 100% corporation tax deductible. This is a great opportunity to engage your financial director in efficiency projects that may not have progressed in the past due to financial restrictions.
LED lighting can now be leased so rather than upfront costs for an LED project the costs can be spread across a period always in a cash positive way so from the start of the project you are benefitting immediately.
Electric vehicle charging points can also be funded up to 100% depending on your business case, location and commitment. Have you thought about companies sponsoring the EV charging points which can generate further income and allow EV charging to be cost neutral?
I would note that funding models are beginning to be phased out. The feed in tariff for solar has been removed, RHI (Renewable Heat Incentive) will be removed in the next year or so and the enhanced capital allowance scheme has recently been extended by a further year. With government targets increasing, I am confident that more funding models will become available to help incentivise a commitment to efficiency.
The environment around us is invisible until we start to measure the energy we use and the conditions in which we operate.
The requirement for environmental monitoring can vary depending on your sector however in simple terms monitoring energy (electricity
When in business image can be extremely important when attracting new clients, customers, and investors. A commitment to the environment can boost your image by sharing your success through reducing landfill waste, investing in water conservation innovations, and reducing your carbon emissions via efficiency projects. New partnerships will be interested to understand the steps you have taken to ensure that the products and services have been delivered through sustainable measures.
Large organisations will need to comply with UK
The more we understand about the environment the more we can do to help with global concerns from plastic pollution in our seas to increasing temperatures and water shortages.
In the UK there have been many schemes implemented over the years to engage people across all sectors highlighting the importance of data collection, efficiency in process, domestic efficiencies, water conservation, generation projects and all with the same priority which is to reduce carbon emissions.
Our first involvement with efficiency schemes was learning about EU ETS which is the European Union Energy Trading Scheme introduced in 2005. Since 2005 we have managed the carbon reduction commitment, ESOS (Energy Saving Opportunity Scheme) and more recently SECR (Streamlined Energy