At first we were a little sceptical about the real financial benefits of energy efficiency – but we’ve achieved fantastic savings. We were delighted with the financial support and practical guidance we received from the Carbon Trust, which enabled us to put our green thinking into practice.
When Express Engineering, a Gateshead-based manufacturer of precision machined components, wanted to improve its energy efficiency, it turned to the Carbon Trust for expert advice.
From recommendations made, the company has revised the way it deals with waste and recycling, and revamped its own packaging to reutilise the waste polystyrene from deliveries in, cutting packaging costs by about 50%.
It also used the report to successfully apply for three loans to fund the installation of a new variable speed compressor, a monitoring and control system for its heating, and the replacement of an inefficient gas heating system.
Overall, the equipment changes have saved the business £42,600 a year, reducing the CO2 output by 182 tonnes.
Savings at a glance
- Total loans value: £56,250
- Total annual cost savings: £42,600
- Overall average payback period: 1.3 years
- Annual carbon savings (CO2): 182 tonnes
Find out more about our on-site Carbon Surveys (available for businesses in Scotland, Northern Ireland and Wales).
See carbon saving advice for the engineering sector or call the Carbon Trust Advice Line on 0800 085 2005.