Many organisations have trouble getting large-scale energy efficiency projects off the ground.
It’s not always easy to predict how much energy each measure will save, so it can be hard to tell how long a project will take to pay for itself. They often cost a lot up front, as well. Most successful companies aren’t in the business of making big investments without a clear idea of when they’ll see a return.
A Performance Contract with EDF takes the risk and uncertainty out of energy efficiency projects.
- We find the up-front investment needed to launch your project – so you can pay for it out of the savings it delivers, instead of having to find a lump sum.
- You can tailor the contract to fit your organisation’s investment criteria, sustainability strategy and any other internal guidelines.
- Our specialists design and oversee the project with you. This includes managing contractors, suppliers and other parties, and choosing the best mix of technologies for your sites.
- We guarantee our solutions will deliver the level of savings projected in our investment grade proposals, or compensate you for the difference.
- Because we’re taking on the performance risk, you can be confident that we’ll do everything in our power to deliver solutions that work.
Read more about how performance contracts address energy efficiency challenges in this guide
How we worked with United Biscuits - case study
In 2013, United Biscuits formed a partnership with EDF, unrelated to the manufacturer’s electricity supply contract with another company, to achieve its energy efficiency targets.
After auditing seven of United Biscuits’ UK sites, we presented the company with over 40 energy-saving opportunities. We estimated that putting all these into practice could save £2.5 million a year.
United Biscuits drew up a three-year plan for installing the recommended measures, and agreed a Performance Contract with EDF – guaranteeing the savings whether or not the measures worked as we predicted.
Phase 1 of the project – upgrading lighting and compressed air systems at five of the sites – cost a lump sum of £779,000 and is saving United Biscuits £397,000 a year. The work will pay for itself well within the company’s schedule.
Phase 2 – which involves recovering wasted heat and making the company’s transformers more efficient – is in progress.
“This approach to strategy development and the skills EDF are bringing to the party will help us to keep making great strides in reducing our impact on the environment – and enjoying all the benefits that brings to our company.”
Paul Martin, Head of UK Engineering, United Biscuits.