Award-winning energy efficiency company enabling businesses to achieve carbon neutrality goals.
UOB Sustainability Compass
Your go-to sustainability guide. Get your customised report today by taking the quiz now.
Take the quizUOB Sustainability Compass
Your go-to sustainability guide. Get your customised report today by taking the quiz now.
Take the quizUOB Sustainability Compass
Your go-to sustainability guide. Get your customised report today by taking the quiz now.
Take the quizUOB Sustainability Compass
Your go-to sustainability guide. Get your customised report today by taking the quiz now.
Take the quizUOB Sustainability Compass
Your go-to sustainability guide. Get your customised report today by taking the quiz now.
Take the quiz
-
you are in Sustainable Solutions
For Individuals
Personal BankingWealth BankingPrivilege BankingPrivilege ReservePrivate BankingFor Companies
GROUP WHOLESALE BANKINGForeign Direct InvestmentUOB Asean insightsIndustry insightsAbout UOB
UOB GroupUOB BRANCH ONLINE SERVICESUOB TECH START-UP ECOSYSTEMUOB Group Subsidiaries
UOB ASSET MANAGEMENTUNITED OVERSEAS INSURANCEUOB TRAVEL PLANNERSUOB VENTURE MANAGEMENTUOB GLOBAL CAPITAL
U-Energy Malaysia: For Business
Easily connect with U-Energy partners for your energy efficiency projects.
About U-Energy
The Malaysia government has made a commitment for a 45% reduction in energy emissions by 2030. This commitment is supported by the extension of Green Income Tax Exemption (GITE) and Green Investment Tax Allowance (GITA) to 2023^.
UOB is the first bank in Asia to provide an integrated platform that simplifies the adoption of energy efficiency projects for building owners. With this platform, businesses can easily connect with U-Energy partners (energy service companies (ESCOs)), and finance their energy efficiency projects through the programme’s different financing options.
^Please refer to Green Investment Tax Allowance (GITA) & Green Income Tax Exemption (GITE) for more details and the latest updates.
U-Energy and its partners support air-conditioning, chiller, elevator, energy and power management systems, façade, lighting control and solar projects across commercial, industrial and public buildings.
We've partnered with these ESCOs to support your energy efficiency projects for these building types:
- Data Centre
- Hotel
- Industrial
- Mixed Development
- Office
- Public Building
- Retail
50GWh Energy-Saving Race
Our U-Energy 50GWh 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 RM500,000 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 Malaysia, 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, taking into account Malaysia's electricity tariffs and other relevant adjustments. 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
-
Contracting Models
-
How you benefit
| Contracting Models | How you benefit |
| Direct Purchase | • Own the energy efficient equipment or system • Enjoy maximum financial benefits through realised tax benefits and greater savings on electricity utility cost • See potential increase in market value of your building • Finance your equipment or system through internal cash flow or through a UOB green loan |
| Energy-as-a-Service | • No upfront capital or financing required • Enjoy savings on electricity utility cost under a guaranteed or shared savings scheme as part of your long-term energy performance contract with U-Energy’s ESCO partner • Equipment or system operations, maintenance and / or replacements over the lifetime of the equipment or system will be borne by U-Energy's ESCO partner • Option to buy out the equipment or system during or after the contractual period |
| Contracting Models |
| Direct Purchase |
| Energy-as-a-Service |
Our partners
barghest_building_performance
Barghest Building Performance
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).
iaq_solutions_sdn_bhd
IAQ Solutions Sdn Bhd
Leading Malaysian firm providing comprehensive engineering services for diverse industries globally.
invest_energy
Invest Energy
An award-winning Energy-as-a-Service company implementing renewable & energy efficiency solutions.
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.
plus_xnergy
Plus Xnergy
Plus Xnergy is a group of companies that devotes itself through catering solutions in line with the Energy Trilogy, which consists of Energy Generation, Energy Efficiency and Energy Storage.
schneider_electric
Schneider Electric
Drives digital transformation by integrating world-leading processes and energy technologies.
sonepar
Sonepar
Family-owned global leader in B-to-B electrical product distribution and services.
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.
Are there any costs to join the U-Energy Programme?
There are no additional fees or charges associated with the U-Energy programme as it is a platform that connects you with the industry players.
Can I choose to work with other energy service companies (ESCOs)?
You are recommended to choose from our list of partners. For financing under the U-Energy programme, engagement of other service providers other than our partner, will be subject to UOB’s assessment in its sole discretion.
1Indicative and dependent on scope of work and verification with U-Energy partner.
2For businesses that adopt the energy-as-a-service contracting model.
You may also like
U-Drive Malaysia
Recognising the uneven pace of adoption, U-Drive supports your EV journey connecting the entire ecosystem.
U-Solar Malaysia: For Business
Switch to solar and reduce your business's carbon footprint and electricity costs.
U-Solar Malaysia: For Residential
Enjoy electricity bill savings and reduce carbon emissions.
We are here to help
We use cookies to improve and customize your browsing experience. You are deemed to have consented to our cookies policy if you continue browsing our site.
