1. Energy Efficiency Finance
Green Business Seminar – Cashel
25 October 2017
Presented by: Alan Makim

2. AIB Sector Led Strategy
Supporting Business and Corporate Customers
Energy & Cleantech
Food & Fisheries
Franchising
Agriculture
Exporting
Transport & Logistics
Healthcare
Hospitality & Tourism
Property
Manufacturing
Retail & Pharmacy
Technology, Media & Telecoms
Wholesale & Distribution
Non-profit &
Professional Services

3. Drivers of Energy Efficiency
Major Drivers
National Energy Targets
Security of Supply
Cost and Competitiveness
Environmental

4. Reducing Costs in Retailing
Two pronged approach
OBJECTIVE
Reduce energy and associated costs while maintaining operating performance
Pay less per unit of energy consumed
Talk to a procurement specialist
Reduce energy consumed
Change behaviour
Invest in more efficient technology

5. Reducing Cost Understanding your Bill
33% of SMEs don’t understand their electricity bills
45% of SMEs don’t understand their gas bills
(Source: Amarach Research Survey of 451 SMEs)
50% of SMEs are incurring unnecessary charges on their electricity bills
To Do:
SEAI Website

6. Investment in Energy Efficiency
Case Studies
Shop 1
Shop 2
Shop 3
Shop 4
Shop 5
Shop 6
Where
Spar
Day to Day News
MACE Straffan
Centra
SuperValu
Co Dublin
Technology
LED
Refrigeration
Investment
€8,886
€20,000
€10,500
€5,536
€8,980
€50,548
Saving p.a.
€5,859
€9,090
€6,540
€2,306
€3,378
€20,748
Simple Payback (Yrs)
1.52
2.20
1.61
2.40
2.66
2.44
Shop 6
SuperValu
Co Dublin
LED
€40,800
€20,748
1.97
Benefit of energy credits

7. Financing of Energy Efficiency
Availability of Finance
Energy Efficiency Finance Proposition
Energy savings assessed as part of repayment capacity
Terms loans or finance leases / HP
Consider finance product carefully – ACAs, grants
Recommend match repayments to savings
Average transaction size is €45k
Appetite for large or small projects across industries
CHP
Lighting
Heat pumps
Smart controls
Hybrid Renewable energy / energy efficiency projects
Various finance models. Measure cost versus convenience.

8. The Energy Efficiency Proposition
Energy savings explicitly taken into account

9. The Energy Efficiency Proposition
Assessing additional repayment capacity

10. Conclusion
Changing Behaviour and Investing in Energy Efficient Technology
Be energy conscious, 5-10% saving through behavioural change alone
Benchmark yourself and understand best in class performance
Equipment
Unit cost
Overall cost
Generate savings through investment in new equipment
Capex versus opex – finance is available to support
Tackle the low hanging fruit with faster paybacks
Take advantage of the supports available
Financial
Energy Grants
EEOS Credits
ACAs
Non Financial
Resource Efficiency Assessments
Small Business Energy Training
Energy Map Training

11. Contact Details Energy Efficiency: Alan Makim Sector Strategist