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U-Energy Singapore: For Business
Easily connect with U-Energy partners for your energy efficiency projects.
About U-Energy
The Singapore government targets a 36% energy emissions reduction by 2030, requiring 80% of buildings to earn the BCA Green Mark for energy efficiency. UOB's U-Energy platform simplifies energy projects for building owners, connecting them with partners like energy service companies (ESCOs) and offering diverse financing options. U-Energy supports various initiatives in commercial, industrial, and public buildings, including air-conditioning, lighting, and solar projects. Incentives from BCA, NEA, and EDB further bolster this commitment.
This commitment is supported by incentives such as the
- Enterprise Singapore's Enterprise Financing Scheme – Green (EFS-Green)
- National Environment Agency’s Energy Efficiency Grant
- Economic Development Board’s Resource Efficiency Grant for Energy (REG(E))
U-Energy and its partners support air-conditioning, chiller, elevator, energy and power management system, façade, lighting control and solar projects across commercial, industrial and public buildings. Supported building types:
- Data Centre
- Hotel
- Industrial
- Mixed Development
- Office
- Public Building
- Retail
80GWh Energy-Saving Race
To support the Singapore Green Building Masterplan 80-80-80, our U-Energy 80GWh Energy-Saving Race aims to encourage building owners like yourself, to embark on your energy efficiency journey with this exclusive U-Energy promotion.
From now till 31 December 2024, energy efficiency projects that have been finalised with financing undertaken as part of the U-Energy programme will qualify for this. With S$100,000 worth of rebates in total* up for grabs, sign up early to enjoy more rebates. If you are a commercial or industrial building owner with assets located in Singapore, simply connect with our U-Energy partners before 31 December 2024 to take part.
*Terms and conditions apply.
What can I do with the rebates?
Convert to renewable energy certificates
Offset green loan interest payment
Donate to an ESG charity project
Benefits
Save on your electricity bill
Enjoy an average of 20%1 cost savings with a more energy efficient building.
Low or zero upfront payment
Flexible financing to easily start energy efficiency projects for your building.
Seamless one-stop platform
U-Energy partners will handle the assessment, installation and maintenance2.
Trusted partners using quality equipment
U-Energy partners provide quality equipment for your energy efficiency needs.
Raise the capital value of your building
Enhance the capital value of energy-efficient assets such as green buildings.
Be recognised as a green company
Improve your brand reputation by meeting sustainability targets.
Try out Building Performance Calculator
Results
Enjoy savings and create a greater positive environmental impact with U-Energy. By adopting energy efficiency projects that bring your building to the top 10% in energy performance, you can save up to:
Results are calculated based on the assumption that these enhancements would bring your building to the top 10% of the energy usage intensity range as detailed in Singapore's Building Construction Authority (BCA) Building Energy Benchmarking Report (Statistics and Figures) 2020. All results shown are estimates and for illustration purposes only. Actual figures may vary, depending on prevailing site conditions, energy usage behaviour, asset type and/or the replacement costs of the energy efficiency project undertaken.
U-Energy Contracting Models
There are two contracting models available under the U-Energy programme
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Contracting Models
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How you benefit
| Contracting Models | How you benefit |
| Direct Purchase |
|
| Energy-as-a-Service |
|
| Contracting Models |
| Direct Purchase |
| Energy-as-a-Service |
Our partners
barghest_building_performance
Barghest Building Performance
cbm_solutions
CBM Solutions
Providing integrated sustainable solutions to support your business operations and processes.
comfort_management
Comfort Management
One of the leaders in Energy Conservation & Management, Energy Consultancy Services and more.
engie
ENGIE
Procuring the best technologies available to create bespoke energy efficiency solutions.
g-energy
G-Energy
Recognised as an International Award-winning Energy Service Company (ESCO).
measurement_&_verification_pte_ltd_(m&v_pl)
Measurement & Verification Pte Ltd (M&V PL)
An Energy Service Company (ESCO) accredited by The National Environment Agency of Singapore.
navix_solutions
Navix Solutions
First-to-market provider of cleaner, greener and smarter Infrastructure as-a-Service ("IaaS").
schneider_electric
Schneider Electric
Drives digital transformation by integrating world-leading processes and energy technologies.
siemens
Siemens
Creating technology to transform infrastructure, transport, and healthcare industries.
signify
Signify
A world leader in lighting for professionals, consumers, and the Internet of Things.
sunseap
Sunseap
Providing Energy Performance Contracting for Lighting & ACMV systems and more.
Compare accounts
If you are interested in becoming a U-Energy partner, contact us here.
3Savings indicated are estimates and for illustration purposes only. Actual savings may vary, depending on prevailing site conditions, energy usage behavior and asset type. For more details on these projects, please consult with the respective U-Energy partner.
Disclaimer: While UOB reserves its rights to select the programme partners at its sole discretion, U-Energy partners are solely responsible for the provision and qualify of their products and services. UOB makes no representation or warranty whatsoever with respect to the programme partner’s provision and/or quality of the products or services for any purpose or use.
Frequently asked questions
What is U-Energy about?
U-Energy is Asia’s first integrated ecosystem financing platform for energy efficiency. It makes it simple and seamless for businesses across the region to adopt energy efficiency and reap the financial and environmental benefits.
What can U-Energy do for me?
With U-Energy, the upfront investment required for energy efficiency projects is reduced with UOB’s energy-as-a-service and direct purchase contracting models.
What other costs are there under the U-Energy Programme?
By appointing and working with our U-Energy partners, there will be no additional costs or charges associated with the programme.
Can I choose to work with other energy service companies (ESCOs)?
You will only be able to choose from our list of U-Energy ESCO partners for your energy efficiency projects under U-Energy.
1Indicative and dependent on scope of work and verification with U-Energy partner.
2For businesses that adopt the energy-as-a-service contracting model.
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