Pay-as-you-save energy deal is a hit with sweet manufacturer06 February 2013

Blackpool-based Tangerine Confectionery has cut its energy bill through the installation of combined heat and power (CHP) systems, funded through a pay-as-you-save scheme with no upfront investment.

Tangerine has five co-generation and tri-generation systems from CHP specialist Ener-G, funded through the supplier's Discount Energy Purchase solution. Ener-G says more than 50% of its systems are now purchased using this cash-saving method.

Businesses can benefit from an immediate reduction in energy costs and carbon footprint – the CHP system is paid for via a metered energy charge that is guaranteed to be lower than previous electricity purchase costs. Captured heat is supplied free.

Peter Sanders, operations director for Tangerine, said: "We are continually seeking ways to raise our environmental performance and this move to on-site generation of power is a key element of our carbon-cutting strategy.

"Ener-G is able to provide us with a total service, from initial design to long-term care of the systems. This has required no capital investment by the company as the technology is being supplied by Ener-G in return for us purchasing the generated electricity at a very favourable rate."

Ener-G's Discount Energy Purchase scheme has been running since the mid-1990s. Sales director Ian Hopkins said the no-risk format is behind its success: "We select and install a CHP system that converts primary fuel into electricity and heat more efficiently than the UK generating mix and conventional boilers. Because the co-generation system is more efficient, we are able to charge less for electrical output than the grid, provide free heat and still recoup adequate funds to cover the investment cost and ongoing maintenance of the system.

"Our clients can use their capital to fund core projects and sit back and enjoy bottom line savings from CHP."

Laura Cork

Related Companies
ENER-G plc

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