Lux Nova supports Energy Pro to commercialise new energy efficiency model for SME sector

EnergyPro, the leading energy consultancy and investment firm, is delighted to announce that it has been awarded a new contract by the Department for Business, Energy and Industrial Strategy (BEIS) through the ‘Boosting Access for SMEs To Energy Efficiency (BASEE)’* competition. EnergyPro will develop and launch ESCO-in-a box®, a new business model aimed at unlocking the wide range of financial, environmental and social benefits provided by energy efficiency upgrades for SMEs that traditionally lack the time and resources to implement projects. 

ESCO-in-a-box is an ‘operating system’ for energy services, incorporating all the systems, processes and contract templates needed to deliver energy efficiency projects to SMEs, based on internationally established good practice. The system will be targeted at organisations operating on a regional or market-segmented basis that enjoy trusted reputations and relationships with SMEs, meaning they can work with them to systematically address barriers to increase the uptake of energy efficiency solutions. These organisations will then deliver projects for SMEs in a standardised manner using ESCO-in-a-box. The projects will be investment grade and accessible to financiers, making the customer proposition high quality, low risk and available at no up-front cost to the SME. ESCO-in-a-box system will be available as a ‘franchise’, over time creating a national network of energy services companies (ESCOs) serving SMEs.

The Low Carbon Hub based in Oxford will be the first regional energy services organisation to trial the new business model and will help develop a market-ready version of ESCO-in-a-box in collaboration with a consortium of organisations including: EnergyPro as the business lead; Oxford Brookes Univeristy’s Environmental Information; Basel Agency for Sustainable Energy (BASE); the Energy Systems Catapult; Lux Nova and Huber Dixon Insurance.

Alex Rathmell, MD EnergyPro Consultancy says: “We aim to prove that a local, trusted organisation can successfully deliver energy efficiency services to SMEs provided they are equipped with the right toolkit: standardised project development process, vetted technology partners and contractors, guaranteed savings and suitable finance.” 

Barbara Hammond MBE, CEO of Low Carbon Hub says: “To drastically reduce our carbon emissions, we must quickly address the high energy usage of our buildings – increasing energy efficiency and reducing energy demand. We are thrilled to be a partner on this innovative project, supporting Oxfordshire SMEs to implement energy efficiency measures, reducing their costs and carbon emissions.”

Louisa Cilenti, Partner, Lux Nova says“We are delighted to have supported EnergyPro to develop a breakthrough services to improve energy efficiency take-up by SME’s and advance a community of best practice to achieve efficient implementation and sustainable transformation for the SME sector.”

 

Editors Notes: 

EnergyPro Communications and Marketing Manager contact: Lucy Churchill 

Email: lucy.churchill@energyproltd.com 

Mob: 07711 643 112 

Low Carbon Hub Communications and Marketing Manager contact: Tabitha Whiting 

Email: tabitha.whiting@lowcarbonhub.org 

Tel: 01865 246099

 

EnergyPro Ltd is a leading energy consultancy and investment firm working with corporate and public sector clients and investors helping make business sense of the energy transition. Our areas of expertise include energy, energy efficiency and energy efficiency finance. www.energyproltd.com

Low Carbon Hub is a social enterprise out to prove they can meet our energy needs in a way that’s good for people and good for the planet. They develop community-owned renewable energy projects in Oxfordshire and re-invest 100% of the surplus into supporting local communities in carbon-cutting projects. https://www.lowcarbonhub.org/

Oxford Brookes University’s Environmental Information Exchange (EiE) is a not-for-profit organisation based at Oxford Brookes University providing UK organisations with support to reduce their energy, water, and waste. www.brookes.ac.uk/eie/

Basel Agency for Sustainable Energy (BASE) uses expertise in technology, markets, economics, finance and business development to unlock investment in sustainable energy and meet the challenge of climate change for public and private organisations. http://energy-base.org

Lux Nova is a team of specialist lawyers focusing exclusively on clean energy and market transformational projects. www.luxnovapartners.com

Energy Systems Catapult (ESC) was set up to accelerate the transformation of the UK’s energy system and ensure businesses and consumers capture the opportunities of clean growth. ESC is an independent, not-for-profit centre of excellence that bridges the gap between industry, government, academia and research – _with around 200 staff covering a variety of technical, commercial and policy expertise. https://es.catapult.org.uk/

Huber Dixon Insurance (Energy Group) is an independent insurance broker specialising in providing bespoke solutions for the Energy Efficiency and Renewable Technology sectors.

The Department for Business, Energy and Industrial Strategy (BEIS) 

The Department for Business, Energy, and Industrial Strategy (BEIS) is a ministerial department bringing together responsibilities for business, industrial strategy, science, innovation, energy, growth and climate change.

The Boosting Access for SMEs to Energy Efficiency (BASEE) competition is funded by the BEIS Energy Innovation Programme and further details can be found at: https://www.gov.uk/government/collections/innovations-in-the-built-environment

Latest news from Gov.uk regarding the BASEE competition can be found at: https://www.gov.uk/government/publications/boosting-access-for-smes-to-energy-efficiency-basee-competition-winning-projects

 

_______________________

https://www.gov.uk/government/publications/boosting-access-for-smes-to-energy-efficiency-basee-competition