Energy scheme to save firms €20m

TEN of Ireland’s leading companies have committed themselves to conserving energy and tackle high costs under a major new scheme.

They have signed up to Sustainable Energy Ireland’s (SEI) Energy Agreement programme, which will see them undertake a fundamental review of their energy use.

The agreement could save the companies up to €20 million over the next three years, while SEI said the country’s Top 50 energy-using firms could save a total of €50m over the same period if they all signed up.