David Lloyd Leisure raises the bar in energy saving
Health and fitness group David Lloyd Leisure (DLL) has unveiled plans to boost energy and carbon savings at its gym facilities by signing up to a pioneering 'pay-as-you-save' energy funding deal.
Working with funding solution provider Decarbon, DLL has received capital funding under an Energy Performance Investment (EPI) contract, enabling it to implement energy and carbon saving technologies at 35 of its sites across the UK.
According to DLL, the EPI contract has allowed them to install energy saving technologies without passing on the costs to its customers. As part of the EPI, funding is repaid using the financial value of the energy savings achieved by the solution implemented.
DLL property director Paul Guyer said that the project forms part of an DLL ambition to reduce its carbon footprint by 20% by 2014, against a 2010 baseline.
He said: "The signing of the EPI is anticipated to deliver 2% of this target equating to 2,200 tonnes of carbon and allow us to utilise our capital budget on bespoke projects within our clubs", adding that "innovation and environmental performance is very important to us".
Using the finance, DLL has contracted energy saving solution providers powerPerfector and Dantherm Air Handling to provide and install energy efficiency equipment to reduce energy consumption and carbon emissions. It is anticipated this will improve the facilities operational efficiency, as well as boost DLL's Carbon Reduction Commitment (CRC) league table performance.
Dantherm Air Handling managing director Ian Furmidge, said: "This sort of innovative financing is vital if the UK is to reduce energy demand.
"By taking the cost out of energy efficiency there is no excuse for other organisations not to follow the example being set by David Lloyd Leisure and gain from the commercial and environmental opportunities available to them."