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The company, one of the Big Six suppliers, had already paid £1.3m to affected customers and will pay a further £3.45m into an energy efficiency fund, plus an £800,000 penalty, the energy regulator said.
"We take any failure to meet our obligations very seriously and will ensure that the new energy efficiency fund we have set up will be a real help to hundreds of small businesses.
The company, one of the Big Six suppliers, had already paid £1.3 million to affected customers and will pay a further £3.45 million into an energy efficiency fund, plus an £800,000 penalty, the energy regulator said.
It has established a £1.2m energy efficiency fund for non-domestic buildings, has embarked on a programme of installing biomass boilers and solar arrays.
A specialized energy efficiency fund is interesting not only for investors but also for industrial customers and technology providers.
An energy efficiency fund provides investors with sufficient investment size whilst reducing the risks and improving the stability of cash flows through diversification.
Similar(54)
Among them: efforts aimed at improving energy efficiency, funding infrastructure projects in Native American communities and cleaning up the Great Lakes.
The pool of energy efficiency funds could grow again next year when the state carves up the estimated $200 million that power producers are expected to pay for carbon credits.
Brussels and the member states must now flesh out that commitment into practical policies such as energy efficiency, funding for advanced coal demo projects and a renewable energy policy that won't break the bank.
Four common investment options were considered in this business model, including buying outright (BO), buying by instalment (BI), energy efficiency funding (EEF) and power purchase agreement (PPA).
Create dedicated funding sources such as internal energy efficiency funds, or explore outside sources of investment to accelerate your energy management program.
More suggestions(15)
energy efficiency investments
energy efficiency funds
energy access fund
energy efficiency agency
energy development fund
energy transition fund
energy efficiency legislation
energy investment fund
energy efficiency waste
energy technology fund
energy financing fund
energy trust fund
energy efficiency target
energy efficiency council
energy project fund
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