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ENERGY: Budget 2023 and Self Help.
Library of Knowledge No. 62
The 2023 Budget announced five supports for business.
- Temporary Business Energy Support Scheme (TBESS) – the operational details are currently being worked through and will be available soon.
- Ukraine Enterprise Crisis Scheme – the scheme will be administered through Enterprise Ireland, IDA and Údarás na Gaeltachta.
- Small Firms Investment in Energy – the scheme will be open in 2023 and will be administered by Local Enterprise Offices.
- Ukraine Credit Guarantee Scheme – the scheme is currently being developed and additional information will be announced shortly..
- Growth and Sustainability Loan Scheme – It is anticipated that this scheme will launch on the market in the first half of 2023.
All the above schemes, as they become available will be covered in future issues of our Library of Knowledge.
Self Help
For your business, you could save 10% on energy bills by implementing no-cost and low-cost energy efficiency measures.
Key areas include – : Heating, Lighting, Office Equipment, Transport and Workforce Engagement.
Where to start – set a baseline.
Before making any changes, it is recommended that you take three or four meter readings at the same time each week, for example on a Friday afternoon. This will give you an idea of your weekly energy consumption. Continue to take readings at the same time after you have made the changes. This will help you understand where you have reduced energy consumption.
For further information see:
This link leads you to other great information and resources such as Guides to Energy Efficiency, Switching to Electric Vehicles and Energy Efficient LED.
Stay safe.
