Decc urges firms considering energy efficiency measures to bid for demand reduction funds

Decc urges firms considering energy efficiency measures to bid for demand reduction funds

Source: The Energyst

The department of energy and climate change has called on businesses considering implementing energy efficiency measures to bid for funds under the second phase of its demand reduction pilot scheme.

A total of £6million is available to firms that can deliver lasting electricity savings at peak times.

The minimum project size is now smaller (50kW) and the department of energy and climate change (Decc) said it has made the rules simpler.

Changes include:

  • Choose between installing within 8 months or 20 months – with delivery of savings in either Winter 2016/17 or Winter 2017/18.
  • Simpler evidence requirements, including project level payback and baseline information after application.
  • An early payment after installation (up to 20%)

Read more on this story at The Energyst 

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