Under the Shared Savings Scheme, the financial benefit arising from the new energy efficient lighting is shared between Energys and the client. This split (with the client pocketing up to 50% of the financial savings on energy bills) provides a low-risk way to unlock the cash savings available from lighting upgrades.
Apart from an agreed proportion of the financial savings that result from the Save It Easy installation, the client will owe no other payment to Energys as there is no capital cost, no charge for warranty or servicing and no interest payments.
If an organisation is liable under environmental legislation, such as the Carbon Reduction Commitment, cutting carbon has real financial benefit. For organisations with mandatory carbon-reduction targets to meet, the Shared Savings Scheme can also provide a low-risk approach to lowering an organisation’s environmental impact.
Aidan Salter, Managing Director of Energys, comments: “Organisations are paying higher energy bills for every day that they leave in place old, energy-draining fluorescent lighting. For companies that wish to benefit from low-energy lighting, but do not have the funds available to undertake such a project, the Shared Savings Scheme offers an innovative solution.”