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ENERGY SAVING TRUST LAUNCHES ENERGY SERVICES INITIATIVE

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The Energy Saving Trust today launched an innovative initiative to encourage companies and organisations to offer t...
The Energy Saving Trust today launched an innovative initiative to encourage companies and organisations to offer their customers a complete energy service - combining energy supply with the provision of energy saving measures such as cavity wall insulation and condensing boilers. The initiative will potentially revolutionise the way consumers view the purchase of energy.

The aim is to encourage companies from a variety of sectors to provide their customers with a seamless energy service. As the domestic energy market becomes deregulated, it is likely that lower fuel prices will force the energy suppliers to offer a range of added-value services to win new customers. Currently there are very few companies offering these services relating to energy saving measures.

The Energy Saving Trust is promoting the concept of the Energy Services Companies (ESCOs) to test the viability of offering such a service. The Energy Services initiative uses financial incentives and government backing to encourage companies and organisations to develop innovative and financially sustainable projects.

Over the past two years, the Energy Saving Trust has been developing and supporting a variety of pilot schemes initiated by local authorities, energy utilities and others. Now a wide variety of companies and organisations have been invited to apply for funding, including local authorities,energy suppliers, retailers, banks, utilities and housing associations.

The scheme is being run on a competitive basis. All the projects must satisfy a number of criteria, which include the potential for energy and CO2 saving, and that they are in consumers' financial interest.

Notes

Energy Services is an initiative under the Energy Efficiency brand which is endorsed by the government

Energy Efficiency is an Energy Saving Trust initiative endorsed by the government

The Energy Saving Trust is a government funded organisation set up to promote the efficient use of energy, thereby reducing CO2 emissions

Energy Efficiency can provide free advice, an information pack on energy saving measures and details of registered professionals in heating, insulation and glazing

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