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The Electricity Incentivisation Scheme (EIS)

The Electricity Incentivisation Scheme (EIS), an award-winning initiative, was launched by the University in 2008 to encourage individual departments to take responsibility for their electricity use. The scheme was designed to help reduce carbon emissions arising from the University’s use of electricity as well as reducing our energy costs and has now ended. The final transactions made were for the financial year 2013/2014, with no transactions for the two years following.

The scheme was highly successful in motivating departments to take responsibility for their electricity reduction. A new direct electricity recharging scheme is currently in development which will replace the EIS. This new mechanism will support one of the recommendations arising from the recent Carbon Management Plan review, which is to create an ongoing financial incentive for schools and departments to manage and reduce their energy consumption. 

The basic premise of the EIS will remain, departments will retain the value of any savings made, with a mechanism that will simplify payments and provide departments with budgets which reflect the full cost of energy and carbon. Departments will also continue to receive support to reduce their energy costs and carbon emissions. The greater control and visibility that the implementation of this type of electricity recharge scheme allows, will support many energy and carbon reduction measures.

The recommendation to introduce a direct electricity recharging scheme has been endorsed by the Environmental Sustainability Strategy Committee. 

Further details will be announced in the coming months as the scheme develops.

 

How can we continue to help?

Support is available to help save electricity within your department through the Energy and Carbon Reduction Project (ECRP). The ECRP supports departments to make energy efficiency improvements and reduce carbon emissions. These projects may include energy efficiency improvements to the building fabric or fittings, upgrades or modifications to energy-intensive equipment, behavioural change initiatives, and support for carbon reduction measures in captial projects (major refurbishments and new builds).

The EIS was highly commended at the Green Gown awards in 2012. Read the case study here.

For an example of the University' s carbon emissions reduction efforts, view the video below.

Incentivising Power Savings: University of Cambridge