If you’re one of the many businesses that have signed up for the EDR scheme – congratulations, it’s a really great pilot.
So what’s next? The first thing to remember is the deadline for applications is 15 October.
If you’re registered, now’s the time to consider what project to put forward in your application. Remember, EDR is all about lasting electricity savings – that’s what is going to earn you money. With that in mind, here are some things to consider:
- Remember that the savings are based on peak hours – between 4-8pm weekdays – between November and the end of February. You won’t receive payment for replacing equipment that doesn’t get used during these times.
- It’s all about replacing less efficient equipment, such as installing a new BEMS system. Just moving operations to a different time of day or encouraging behaviour changes won’t do.
- It must have a payback period of more than two years. This is to prevent organisations putting forward equipment that gets changed regularly, e.g a new filter in ventilation equipment.
When all this is taken into account, the best projects to focus your bid on can be harder to identify than first thought. We’ve spoken to a number of clients who have had an initial idea for their project and found themselves basing their bid on something completely different – either because it wasn’t valid or there were better options.
Our team of Energy Consultants can help you get the most out of your application, get in touch with us on 01684 853780 and we can discuss your options.
And don’t forget – 15 October.