REI member Equipet is one of the latest Irish retailers to benefit from Energia’s “Cash for Kilowatts” Energy Efficiency Scheme.
Equipet is a pet, equestrian and outdoor clothing retailer. Established in 2006, the company is 100% Irish owned and has stores in Dundalk, Ashbourne, Drogheda, Coolock and Navan.
With their large retail park stores, energy consumption was high and a considerable part of this was down to the levels of lighting required to adequately serve the space and showcase their wide range of products.
Energia’s “Cash for Kilowatts” initiative is a funding scheme which supports energy efficiency projects for businesses. The programme allows Energia to contribute up to 30% towards the overall costs of an energy upgrade, with the resulting energy savings covering the balance of the cost. Businesses can use the funding to kick start projects they might otherwise not have been able to afford.
As an Energia customer, Equipet were aware of “Cash for Kilowatts” and decided to take the first steps towards reducing their energy consumption by undertaking an energy audit of their premises. Unsurprisingly, lighting was identified as they key area requiring attention.
Energia worked with Equipet to upgrade the lighting systems at its Drogheda and Ashbourne stores. Between the two stores, over 65 old fluorescent lights were replaced by considerably more energy efficient LED lighting systems. The energy saving from the lighting upgrade is expected to be 30,274 kWh. This will reduce the company’s carbon footprint by 26 tonnes each year. Crucially it will also cut their annual energy bills by almost €8,000 annually.
Energia’s “Cash for Kilowatts” scheme is open to any company spending more than €5,000 on an energy efficiency project and allows grant funding of up to 30% of the project value. The initiative is open to all businesses, whether or not they are customers of Energia.
As well as benefitting from the grants, businesses will also make very significant ongoing savings through the energy efficiency projects. For example:
- Lighting: LED and high efficiency lighting can reduce your lighting costs by up to 75%
- Heating: A new boiler or heating controls can save over 25% of your annual fuel costs
- Refrigeration: New systems can reduce your costs by up to 30%
Equipet is one of over 240 Irish retailers who have now undertaken a “Cash for Kilowatts” project with Energia. The retail sector accounts for 13% of all projects completed to date. Since commencing the scheme in 2014, retail businesses have saved over €1.7 million on their energy bills.
Through the scheme Energia are delighted to be supporting the national upgrade programme ‘Better Energy’ and the National Climate Change Strategy. Businesses can find out more on www.energia.ie/funding or by emailing firstname.lastname@example.org.”
Amy O’ Shaughnessy