Ireland’s oil sector creates new energy efficiency firm

Major oil companies in Ireland have joined forces to launch a new energy efficiency scheme aimed to help consumers save millions of euros on energy costs. Firms including Inver, Maxol, […]

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By Priyanka Shrestha

Major oil companies in Ireland have joined forces to launch a new energy efficiency scheme aimed to help consumers save millions of euros on energy costs.

Firms including Inver, Maxol, Phillips 66 and Valero have created a new organisation called Enprova, which has teamed up with independent contractors to assist thousands of customers install energy efficient measures.

As well as helping householders, the company is also targeting industries where energy saving measures would have the greatest impact including the heavy industry, transport, farming and manufacturing sectors.

Enprova claims to have already helped the commercial, industrial, farming and transport sectors generate more than €15 million (£12.4m) in energy savings so far last year – and aims to save a total of around €50 million (£41.5m) by the end of 2015.

Enprova Manager Paddy Sweeney said: “This unique collaboration between Ireland’s leading players in the oil industry and a locally-based network of independent installers and contractors now has the muscle and might to deliver millions of euros in energy efficiency savings which will cut bills, increase competitiveness and investment and sustain employment.”