Environmental, Social, and Governance (ESG) reporting has recently become a prominent discussion in board rooms…
Verdafero – Utility Analytics Software Platform Provides BS Holdings Ltd with the tools to lead the way in Sustainability
BELFAST, NORTHERN IRELAND – Following the signing of a successful partnership agreement between BS Holdings & Verdafero Inc. in 2013 BS Holdings have been busy implementing Verdafero’s Utility Analytics Software Platform along with their proprietary Bio-Fuel Heating Systems to multiple client sites across the UK and Ireland. The results are very encouraging.
In 2011 the UK government introduced the Renewable Heating Initiative (RHI), the first of its kind in the world. The RHI is a scheme set up to encourage uptake of renewable heat technologies among householders, communities and businesses through the provision of financial incentives. The UK Government expects the RHI to make a significant contribution towards their 2020 ambition of having 12 per cent of heating coming from renewable sources.
The RHI pays participants that generate and use renewable energy to heat their buildings. The primary renewable fuel is composed of wood pellets which is less polluting than oil or any other fossil fuel. The financial incentive covers the price of equipment conversion and reduces the heating bill. Thus By increasing the generation of heat from renewable energy sources (instead of fossil fuels), the RHI helps the UK reduce greenhouse gas emissions and meet targets for reducing the effects of climate change.
BS Holdings. Based in Belfast, Northern Ireland, BS Holdings is the premier supplier of advanced heating and air handling equipment systems & support to private, public and commercial customers in the UK and Ireland.
The company saw an opportunity to extend its markets and sell more of its eco-friendly equipment: by using Verdafero unique capability to visualize how their customers spend their utility money, it is easier to show them the impact of replacing older equipment by a newer model, and take advantage of the government financial incentives, creating a win-win-win situation: more savings, and even less costs, while reducing the carbon footprint of the organization!
How Verdafero Technology has been Helping BS Holdings
“Over the last few years as we installed more and more bio-fuel heating systems across multiple clients in the UK and Ireland it became increasingly difficult to effectively monitor and track the usage and costs of the heating systems to accurately record and receive payment for carbon reductions through the newly introduced Renewable Heating Initiative (RHI).” said Eddie Allen, General Manager of BSH.
He also adds:
“As an example of how Verdafero helps us drive our business, the RHI rebate can almost cover the cost of the heating fuel for a business. Having the ability to now capture, analysis, visualize and report the usage and costs from each bio-fuel installation across multiple client sites spread across the whole of the UK without having to visit each site individually is of vital importance to our business,”
“We can now do this from the comfort of our computer. Also, being able to offer our customers a full service offering of, not just, installation and maintenance of the bio-fuel heating systems but now the ability to capture, analyze and visualize the usage and costs of each and every system we install provides our customers with unprecedented access to how they are running their businesses. Up until now utility expenses have been seen as something that are fixed and a cost of doing business. Now with greater insight, provided by Verdafero, the user and importantly BS Holdings have the data at their fingertips and can quickly and efficiently alert the customer to any potential problems, show how each installation’s operations compare to others and importantly help the customer reduce their overhead expenses. For BS Holdings we use the system to accurately calculate the RHI metrics. Being cloud-based we can use Verdafero’s platform while on the road at the customer’s site” Eddie Allen continued.
Alastair Hood, CEO of Verdafero Inc., said, “As rising utility costs and public opinion drives the need for a more sustainability future we see that the UK government’s RHI is a great step forward in reducing business’ environmental impacts while also saving them overhead costs. BS Holdings and their customers now has the unique ability to track, analyze, compare and report on all sustainability metrics, including carbon footprint, across all their installations, not just in energy but water, waste and any other utility expense a business might have.”
For more information please contacts:
Verdafero Inc. +1 (650) 206 2441