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Enigin News - 9 Million Energy Efficiency Grant Produces 70 Million Savings

Enigin News - 9 Million Energy Efficiency Grant Produces 70 Million Savings

IRISH Minister Eamon Ryan announced on Tuesday that €9 million will be made available in grants to 43 companies to reduce their energy bills.

The Minster for Communications, Energy and Natural Resources for the Irish government made the announcement at the Mansion House in Dublin, who happen to be one of the beneficiaries of the funding provided under the national Energy Efficiency Fund (EEF) for public and private sector businesses.

The projects, 20 of which are public sector, and 23 private and voluntary sectors, will be completed by the end of 2010, and the energy efficiency actions taken will create lifetime savings of over €70 million along with 50,000 tonnes of CO2 emissions will also be avoided each year as a result.

The incredible savings illustrate how businesses need to address enegry efficiency for the financial health of their business. Enigin Distributors in Ireland and across the globa are alreayd helping many businesses to benefit from similar savings.

The EEF, which is being managed and coorIRISH Minister Eamon Ryan announced on Tuesday that €9 million will be made available in grants to 43 companies to reduce their energy bills.

The Minster for Communications, Energy and Natural Resources for the Irish government made the announcement at the Mansion House in Dublin, who happen to be one of the beneficiaries of the funding provided under the national Energy Efficiency Fund (EEF) for public and private sector businesses.

The projects, 20 of which are public sector, and 23 private and voluntary sectors, will be completed by the end of 2010, and the energy efficiency actions taken will create lifetime savings of over €70 million along with 50,000 tonnes of CO2 emissions will also be avoided each year as a result.

The incredible savings illustrate how businesses need to address enegry efficiency for the financial health of their business. Enigin Distributors in Ireland and across the globa are alreayd helping many businesses to benefit from similar savings.

The EEF, which is being managed and coordinated by the Sustainable Energy Authority of Ireland (SEAI) , provides support for upgrades to buildings, services and facilities involving ambitious packages of energy efficiency investment actions aimed at achieving ongoing and lasting energy savings.

Commenting, Minister Eamon Ryan said:

“We must tackle the needless waste of energy across all sectors. In these straightened times, no one can afford to pay for unused energy. Increased energy efficiency is the one sure way to secure enduring reductions in energy use and energy expenditure.

“For every euro granted by the Government under this scheme, €10 in savings is delivered. The benefits far outweigh the costs.

"This is an important Government scheme delivering instant savings for both public and private enterprise. The lifetime savings of such a switch make it more than worth the effort for the businesses involved. This benefits business’ bottom line, protecting jobs and making us more competitive. It is yet another example of the green economy in action, where we create and maintain the jobs of the future while helping to fight climate change. It is the right investment for the smart business.”

Professor Owen Lewis, Chief Executive of SEAI said:

“The EEF is a timely example of organisations in Ireland working towards best practice in energy efficiency to deliver real energy reductions in all sectors of our economy. There are tremendous opportunities for almost every company in Ireland to learn from these organisations and replicate the benefits of energy savings by following in their footsteps.”

Enigin PLC's range of energy saving hardware and software provide the intelligent long term solutions that businesses need to fulfill environmental requirements while reducing costs.

Enigin PLC's range of energy saving hardware and software provide the intelligent long term solutions that businesses need to fulfill environmental requirements while reducing costs. To start making substantial saving for your business or organisation contact your local Enigin Distributor now.

Picture by Hans-Peter Bock

Thursday 16th September 2010