The Energy and Water Agency launches energy audit scheme for SMEs

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The Energy and Water Agency, within the Ministry for Energy and Water Management has launched a refund scheme for small and medium sized enterprises when they undergo an energy audit.

During a press conference, Minister for Energy and Water Management Joe Mizzi, explained the utility of such energy audit certifications, where the industry is made aware of its energy consumption and given recommendations to reduce it. Such recommendations do not necessarily require further investment, but in some cases only, there might be the need for minor adjustments in existing operations or simply more attention.

Minister Mizzi also said that, “the government will be launching other schemes to help the industries implement the recommendations listed in the audit.”

The Minister stated that through these audits, the country would continue to move forward on the right track to reach its 2020 energy efficiency targets.

During the press conference, Malta Business Bureau (MBB) CEO, Mr Joe Tanti said that thanks to this scheme, the MBB is further encouraged to continue in its endeavours, when seeing such schemes take off and the industries start reaping benefits. MBB was part of the consultation process, together with the Energy and Water Agency.

This scheme enables the industries to benefit from up to €5,000 which in some cases covers all costs related to the energy audit. Industries having energy consumption exceeding 75,000kWh are eligible to participate in this scheme; this includes restaurants, hotels and factories amongst others.

The scheme is open until end of next year or until the funds are exhausted.