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Local Enterprise Week 2024

Local Enterprise Week is organised every year by the 31 Local Enterprise Offices across the country. This year Local Enterprise Week takes place from Monday,

How energy audits can help reduce energy costs of SME’s by understanding consumption through Energy Audits.

The energy sector has experienced an increase in fuel costs across the board in the last 12 months, which has prompted a lot of business to reevaluate their energy use to find ways to reduce energy costs.

The SEAI has recently launched the Support Scheme for Energy Audits (SSEA) that allows small and medium-sized enterprises (SME’s) to employ an energy auditor to conduct an energy audit on their business. A voucher to the value of €2,000 is made available to successful applicants, which will cover the majority of costs associated with the audit.

 

What is an energy audit?

An energy audit is a thorough and systematic review of a company’s energy consumption, investigating all energy users to determine appropriate improvements which often deliver immediate cost savings. A report is constructed to deliver the findings and provide recommendations on the most effective ways to save money on energy bills. Energy efficiency is our first renewable fuel, and an energy audit is the first step to energy efficiency.

 

Supports available to SME’s.

SME’s with moderate (less than €10k) energy spend can consider the SEAI Introduction to Energy Management Training available at: https://www.seai.ie/business-and-public-sector/small-and-medium-business/supports/.

If your business spends more than €10,000 per year on energy bills, then an energy audit is recommended because of the substantial benefits it can bring. SME’s with an energy spend of over €10k may be eligible for the SEAI SSEA. The SSEA scheme offers a €2,000 voucher to SME’s to cover costs of an energy audit.

Eligibility for SSEA Scheme:

  • non-obligated entities
  • tax compliant
  • registered in the Republic of Ireland
  • spend at least €10,000 on energy (exclusive of transport energy costs) per year at the site being audited
  • There is a limit of 1 audit voucher per Applicant/Company

For more information SSEA SME Energy Audit Blog