Enigin And The New Climate Change Bill In The UK
As part of the Climate Change Bill, targeted organisations will be legally required to make the necessary preparations before April, when the carbon reduction scheme (The Carbon Reduction Commitment or CRC) is officially commencing.
Companies like Enigin PLC, who supply energy efficiency systems to businesses and the public sector, are key protagonists of this play, as their products will be the object of solicitation nationwide and worldwide, in an effort to meet the newly set standards and rules.
The magnitude of these reformations is like nothing UK business and public sector organisations will have experienced so far. The CRC’s primary objective is to reduce carbon emissions from UK organisations by 1.2 million tonnes/year, by 2020, which represents a very ambitious target.
Increasing pressure on businesses, schools and other public organisations to actively lower their emissions is becoming a hassle for traditional energy suppliers. Enigin PLC can offer the solutions and products necessary for businesses to significantly reduce their carbon output, while saving considerable amounts of money on energy bills.
Since the 70s, traditional energy suppliers have been relying essentially on analogue meter readers for their estimated billing systems. But the new wave of carbon focused bills, commitments and acts has sealed the fate of analogue meter readers, which are now considered old fashioned.
Instead of analogue meters will be ‘Smart Meters’, which can accurately monitor and control energy use. Enigin have a smart meter, the Eniscope, which includes a display option, rendering information easy to read for the consumer, in the form of full colored salient graphs. The Eniscope can measure how much energy is being used, where wastage of energy occurs, and helps the consumer to analyse trends, while giving them a clear and precise vision on their energy consumption and related bills.
The Eniscope is extremely quick and easy to install, discrete, and can be set in any language to the user’s convenience. Furthermore, Enigin PLC’s Eniscope makes the data it collects accessible in real-time, from any PC, laptop or iPhone, anywhere in the world. This means business owners basically have a virtual energy manager working 24/7 for them.
The problem for traditional suppliers is the cost of buying and installing Smart Meters on a national scale. Their budget for service equipment is simply too small for a national reformation of their billing system.
Not much comfort to organisations being told they have to comply with legal requirements of the scheme namely, the bit that says publishing (exact) energy emission figures is mandatory.
This is why governmental funding aids are required in order to reform the entire country and make all organisations compliant with the new standards and regulations set. Installing smart meters, such as Enigin PLC’s Eniscope, is not expensive in itself. But when all the nation’s businesses and public sector is concerned, the cost surely reaches an intimidating figure.
If the government can invest in energy efficiency and allow businesses to implement the energy efficient technology they need to reduce their carbon emissions, then the reduction target set will be achievable in time.
Perhaps, as part of a funding initiative, the government could grant all companies a set amount to install new energy saving equipment and then, based on the energy cost savings these companies will make, include a percentage refund?
As the UK enters a new era of environmental concerns, Enigin are more than ever being presented with an opportunity for businesses, not just in the UK, but around the world too, where governments are increasingly setting up targets for carbon reduction in order to fight climate change.