Purchasing Power: Download Your Copy Today
“Helping manufacturing companies in Northern Ireland buy and use electricity efficiently.”
NI Manufacturing and Carbon Trust have launched Purchasing Power , an interactive publication designed to help members improve their electricity procurement practices and drive down costs. In addition the publication highlights electrical energy efficiency measures which could provide NI Manufacturing members with 5-10% savings on electricity bills. DOWNLOAD YOUR COPY TODAY FROM http://www.nimanufacturing.org/documents/12250_NIM_web_v3.1.pdf
NI Manufacturing members are spending around £250 million every year on electricity which produces in excess of 1.2 million tonnes of carbon dioxide. The publication highlighted that electricity is typically the third largest controllable cost for manufacturing companies after materials and labour and hence in order to remain competitive in the global marketplace it is imperative for local firms to seize control of their electricity costs.
NI Manufacturing Chief Executive Bryan Gray said:
“We are delighted to have the support of the Carbon Trust in the development of this important project. Manufacturers increasingly find electricity procurement becoming more and more complex with generation costs amounting to only about 50% of the bill.
Power costs for manufacturers here are typically much higher than in Great Britain and elsewhere in Europe as the All-Island generating base doesn’t offer the economies of scale of other jurisdictions. This has a serious impact on production costs and the competitiveness of Northern Ireland companies.
We are encouraging all our members to put into practice the valuable lessons in this report and work with the Carbon Trust to implement cost-effective energy management solutions while at the same time reducing their carbon footprint”.
Geoff Smyth, Manager of the Carbon Trust in Northern Ireland said:
“From the Carbon Trust’s viewpoint if manufacturers better understand the cost of electricity, they can manage how they use it more effectively – which should, in turn, lead to reductions in carbon emissions.”
“In addition whilst some manufacturing companies can reduce costs through smarter procurement, all manufacturers can save by embracing energy management and implementing cost effective energy efficiency measures. From our extensive experience of having delivered over 3,000 energy surveys to local businesses, we would typically see opportunities for savings, in the region of 20%, considering all energy sources.”
“Manufacturing companies may also be entitled to a free carbon survey from the Carbon Trust – this will help identify all the cost effective opportunities not just those related to electricity. To help with the implementation of energy saving solutions our interest-free loan scheme can provide fee-free, interest-free loans of between £3,000-£500,000 repayable over a 4-year period. For further information visit www.carbontrust.co.uk or contact the dedicated advice line on 0800 085 2005.”