A multi-stakeholder energy improvements programme aimed at households, businesses and the voluntary and community sectors.
The outcome of the project will be the approval, launch and initial delivery of the EnergyWise Scheme.
The EnergyWise Scheme is a multi-stakeholder energy improvements programme aimed at households, businesses and the voluntary & community sectors.
The initiative will include loan finance and grant support to facilitate investment in energy improvements to:
- Deliver and increase in energy efficiency and a reduction in CO2;
- Mitigate against the effects of household fuel poverty;
- Stimulus to the local economy; helping to make businesses more competitive and provide job creation and formal skills’ development.
The economic benefits delivered by the project are expected to be a stimulus to the Northern Ireland economy in the order of £150m over the initial five year period. It will also provide a significant contribution to Northern Ireland’s element of the UK’s energy efficiency commitment under the European Energy Efficiency Directive.
The project is chaired by DfE with support from TEO and DfI.
- May 2015: The project is currently at the pre-procurement stage.
An SIB Project Team made up of a Project Director, a Strategic Adviser (Procurement), a Strategic Adviser (Financial Analysis) and a Project Coordinator are leading the development of the initiative.
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