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SPEEDIER project offering free energy assessments to provide cost savings for Midwest businesses

The SPEEDIER project, co-funded by the EU’s Horizon 2020 programme, is offering free energy audits for Midwest businesses that could reduce annual energy costs by 10%.

Limerick Institute of Technology’s Development Unit are one of the Irish partners in the project, along with institutions in Spain, Italy and Romania.

In a recent survey carried out by SPEEDIER among Irish SMEs, the annual spend on electricity for 25% of respondents was in the range €5,000 - €10,000, while for a further 20% the spend was in excess of €10,000.

Yet, more than 65% of respondents reported not having a staff member dedicated to driving energy efficiency or even having an energy policy.

Research Fellow in LIT’s Development Unit, Padraic O’ Reilly, commented: “SPEEDIER is now inviting SMEs across the Midwest to take part in our first pilot where the SME will receive a free energy assessment. These will be undertaken in line with public health guidelines. The SPEEDIER team has developed an initial non-contact step where an initial desktop analysis is carried out without the need to physically survey the business premises.”

Recent SPEEDIER research, published in February, indicated that Irish small and medium sized Irish businesses are aware they need to change their energy habits but do not have the funding or the expertise to do so.

For further information on how to get your business involved and to receive your free energy audit, please contact padraic.oreilly@lit.ie

Further information on the SPEEDIER project is available here.