LONDON (Alliance News) - Utilitywise PLC Wednesday said it has entered into a three-year partnership with the Royal Bank of Scotland Group PLC's Mentor team to offer energy efficiency advice to customers.
RBS Mentor offers business customers support with employment law, HR protocols, health and safety, and environmental management. It now will extend this into energy management in tandem with Utilitywise, which is a utility cost management consultancy firm.
The new partnership is a strategic move to encourage more energy efficient businesses, Utilitywise said, adding that it will provide on-site energy audits to help businesses involved in the scheme better understand potential energy savings.
The insight from the audits will demonstrate possible kilowatt-hour, carbon dioxide and financial savings businesses could make, alongside a range of detailed recommendations. The Utilitywise team will support businesses to understand the information provided to them and educate them on energy efficiency improvements that could be introduced to their business, it said.
"Our business is focused on helping other businesses to understand their energy usage, as the first step to managing it better. Businesses tend to have enough on their to-do list, which is where we can help take the stress away and easily educate them on the changes they could make to benefit their business in the long run," Utilitywise Chief Executive Geoff Thompson said in a statement.
"Energy is an important but often forgotten part of most small businesses' supply chains and better management of energy use can help reap important savings that add to cash flow. This partnership is a great way to support customers to increase awareness of their energy consumption and ensure they are using this resource efficiently," Head of RBS Mentor John Muncey said.
Shares in Utilitywise were trading down 1.4% at 262.75 pence Wednesday morning, while RBS shares were trading down flat at 352.60p.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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