Graphene device developer Paragraf Ltd, based in Somersham, approached the Business Energy Efficiency (BEE) programme to determine how it could be more efficient and reduce energy related costs.
Somersham company enhances its green credentials
Following a site visit from a BEE advisor, a site review identified a package of measures that would enable Paragraf to improve efficiency including the replacement of an oil-fired heating system with more modern air source heat pumps and HVAC units, as well as retrofitting LED lighting to selected areas of the building.
Paragraf successfully secured a £7,153 grant from BEE to enable them to implement the recommended measures. The installation of improved heating and lighting will give anticipated carbon savings of 128 tonnes per annum and cost savings of £21,000, as well as create a more pleasant working environment for the team.
Commenting on receiving the grant, Catherine Cranton, Finance & Business Administration Manager at Paragraf said, “The BEE grant has enabled us to replace old heating and lighting with modern energy efficient alternatives. This has not only helped us reduce our energy bills but also created a more pleasant working environment for our staff.”
Since the Business Energy Efficiency (BEE) programme launched in Spring 2017, the programme has supported over 180 SMEs, identifying cost savings of over £1.2million and potential carbon reductions of over 6,000 tonnes.
Using funding secured from the European Regional Development Fund, BEE offers a free audit service to help small and medium sized enterprises identify energy saving opportunities. Businesses who look to invest in capital projects to improve energy efficiency can access a grant scheme offering up to £20,000 in financial support.
Grant funding is available for a number of measures including; LED Lighting; Heating & Cooling; Insulation; Solar PV & Battery Storage; and Electric Vehicles.
The project is being delivered by the environmental charity PECT, in partnership with Nwes.
Businesses are urged to contact BEE before 30th June, while funding is still available.
Image: Carly Leonard, CEO at PECT, presents the team at Paragraf with a cheque for over £7,000.
About Business Energy Efficiency Cambridge & Peterborough
The Business Energy Efficiency Cambridge & Peterborough programme (BEE) aims to provide support and grants to small businesses to help catalyse investment in energy efficiency initiatives, to reduce carbon emissions and realise the associated business benefits including; reduced operating costs, increased competitiveness, business growth and resilience.
The project is offering two strands of support to help businesses improve energy efficiency:
• Energy Reviews - A fully funded on-site review to help identify, prioritise and quantify opportunities for cost and carbon savings for businesses. Additional support will be available to help businesses identify specific solutions and products, with detailed feasibility studies as required.
• Capital Grants - Qualifying businesses may be able to apply for a capital grant – up to a maximum of 25% or £20,000, whichever is the lower - to help catalyse investment in products and solutions that will reduce energy use.
The project is bringing together experienced organisations and energy efficiency practitioners, led by the charity PECT, and delivered in partnership with Nwes. The project is part funded by the European Regional Development Fund (ERDF). For more information, visit www.beecp.co.uk
European Regional Development Fund
The project is receiving up to £1,368,576 of funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government is the Managing Authority for ERDF. Established by the European Union ERDF funds help local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding
Spun out of the Materials Science Department, University of Cambridge, Paragraf has one core focus… to deliver the speculated capabilities of graphene to the real world.