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The Thai government has formulated the Energy Efficiency Plan (EEP) 2018 and an EE action plan aiming to encourage energy efficiency in its buildings. The EEP2018 specifies a target of 30% energy intensity reduction by 2037 (from 2010 figures). This commitment is supported by the Clean Technology Fund Investment Plan which is targeting US$300mn in financing to catalyse private sector investment to increase renewable energy share of commercial energy to 30%1.

1Source: https://www.climateinvestmentfunds.org/country/thailand

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.

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.

BBP

 

Supported building types:

  • Data Centre
  • Hotel
  • Industrial
  • Mixed Development
  • Office
  • Public Building
  • Retail

 

*For solar-only projects, please visit UOB’s U-Solar for business site to get in touch with our solar partners.

 

Benefits

Save an average of 20%* on your electricity bill

Save an average of 20%* on your electricity bill

Enjoy an average of 20%* cost savings with a more energy efficient building.

Low or zero upfront payment

Low or zero upfront payment

With different types of financing options available, your building can be energy efficient at low or zero upfront cost.

Seamless one-stop platform

Seamless one-stop platform

U-Energy partners will handle the assessment, installation and maintenance** so you can enjoy a hassle-free experience.

Trusted partners using quality equipment

Trusted partners using quality equipment

U-Energy partners will provide quality equipment for your energy efficiency needs.

Raise the capital value of your building

Raise the capital value of your building

Expected savings reduce operating expense and the (potential) conversion into green buildings leads to enhancement of asset valuation.

Start your sustainability journey

Start your sustainability journey

Seize new opportunities that come with being recognised as a sustainable business.

 

*Indicative and dependent on scope of work and verification with U-Energy partner.
** For businesses that adopt the energy-as-a-service contracting model.

U-Energy Building Performance Calculator

^For building types that are not included in the dropdown above, please contact UOB U-Energy partners for a detailed evaluation.

Gross area range refers to the gross floor area of your building.


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Results

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Well done! You appear to be in the top 90 percentile of energy efficient buildings, but there is always room for improvement! U-Energy can help you make the changes needed to enjoy greater savings and create a more positive environmental impact.

Connect with U-Energy partners to find out how.

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:

BAHT 32,334

Energy bill savings per year

34%

Saving from original energy bill

53 ton

CO2 avoided per year

12

Passenger vehicles driven for 1 year

887

Tree seedlings grown for 10 years

Connect with U-Energy partners to find out how.

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 Thailand’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.


Try out our U-Energy Home Assessment to find out how energy efficient your home is.

U-Energy Contracting Models

There are two contracting models available under the U-Energy programme.

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

U-Energy Partners

UOB has partnered with these ESCOs to support your energy efficiency projects across these building types:

 

Data Centre

Data Centre

Hotel

Hotel

Industrial

Industrial

Mixed Development

Mixed Development

Office

Office

Public Buildings

Public Buildings

Retail

Retail

 

Click here to connect with U-Energy partners

Banpu

 

Data Centre Industrial Office Mixed Development Retail

 

Banpu NEXT is a leading smart clean energy solution provider in Asia Pacific with a vision of “Innovating Infinite Energy Solutions to All”, Banpu NEXT aims to create business growth in line with future energy trends and smart city development and respond to the lifestyle of modern consumers with customers in mind, Banpu NEXT employs human-centric and data-driven approach in combination with our energy expertise and technology at international standards to develop “Smart Energy Solutions” and provide smart energy management and solution systems that are reliable, cost efficient, eco-friendly and contribute to sustainable betterment of life.

 

Project 1
Building Type Retail
Gross area 275,000 m2
Project type Chiller
Savings* 24% of chiller plant’s electricity bills (averaged)
Project 2
Building Type Office
Gross area 175,000 m2
Project type Air-conditioning
Savings* 34% of electricity bills (averaged)
Project 3
Building Type Industrial
Consumption in cubic metres More than 30,000,000 Sm3 per year
Project type Air-compressor
Savings* 20% of air-compressor plant’s electricity bills (averaged)
BBP

 

Data Centre Hotel Industrial Mixed Development Retail

 

Award-winning energy efficiency company that enables businesses to achieve their carbon neutrality and sustainability goals. Founded in 2012, BBP has since enabled multiple blue-chip and Fortune 500 companies achieve up to 40% of energy and cost savings using patented HVAC optimization technologies, IOT, proprietary software algorithms, AI and machine learning.

 

Project 1
Building Type Retail
Gross area 228,382 m2
Project type Chiller, Energy and Power Management
Savings* 36.7% of system's energy consumption
Project 2
Building Type Hotel
Gross area 65,334 m2
Project type Chiller
Savings* 26.10% of system's energy consumption
Project 3
Building Type Hotel
Gross area 25,333 m2
Project type Chiller, Energy and Power Management
Savings* 34.70% of system's energy consumption
CBM

 

Hotel Office Mixed Development Public Buildings Retail

 

CBM Thailand provides multiple range of Integrated Facility Management (IFM) services ranging from Engineering, Environmental, Security, Managing Agent, and Green FM Consultancy. They are closely related to CBM Solutions who is a leading ESCO accredited with the Singapore Green Building Council (SGBC), providing sustainability, professional engineering consultancy and Energy Performance Contracting within the green building ecosystem in Singapore and across the Asia Pacific region.

 

Project 1
Building Type Office
Gross area 64,689 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 11.40% of system’s energy consumption
Project 2
Building Type Mixed Development
Gross area 193,000 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 30.80% of system’s energy consumption
Project 3
Building Type Office
Gross area 85,314 m2 (gross floor area)
Project type Energy and Power Management for GreenMark Accreditation
Savings* -
ECONOWATT

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

ECONOWATT is well-known for the high quality of their energy efficiency and water innovation products, which are manufactured by Thai Energy Conservation, an exceptional ESCO firm that has won 7 Excellent ESCO Awards in the last seven awarded years. Whatever solutions clients want, they promise not just quality, but also exceeding customer expectations and ensuring absolute customer satisfaction with the greatest degree of professionalism.

 

Project 1
Building Type Public Building (Faculty of Medicine Ramathibodi Hospital)
Gross area -
Project type Chiller (Ozone for Condenser), Energy and Power Management
Savings* 2,104,945.6 THB per year
Project 2
Building Type Public Building (Rajavithi Hospital)
Gross area -
Project type Chiller (Ozone for Condenser), Energy and Power Management
Savings* 1,438,007.66 THB per year
Project 3
Building Type Retail (BOONTHAVORN – 8 branches)
Gross area -
Project type Chiller (Ozone for Condenser), Energy and Power Management
Savings* 16,854,586.33 THB per year
Energica

 

Hotel Industrial Office Mixed Development Public Buildings Retail

 

Energica Co., Ltd. was established in 2005, and our business includes energy services, renewable energy, environmental management, and indoor air quality. Energica was registered as an Energy Service Company (ESCO) at the Institute of Energy for the Federation of Thai Industries and has become a member of the Thai Energy Service Company Association (General Type). Energica was also registered as a company for energy consulting with the Ministry of Finance.

Based on the current situation, Energica focuses on providing energy and environmental services to create a low-carbon society in both the building and industrial sectors. The policies of Energica have been set up in accordance with the Carbon Neutrality in 2050 and Net Zero in 2065 of Thailand and with a modern business framework realizing responsibilities for the environment, society, and governance.

 

Project 1
Building Type Industrial
Gross area -
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 30% of chiller plant energy (VSD Chiller, Chiller Plant Management, VSD for condenser and chilled pump, project cost 17,000,000 Baht)
Project 2
Building Type Industrial
Gross area -
Project type Waste heat recovery from poultry plant
Savings* 20% of chilled water production cost (rotating heat exchanger, boiler improvement, heat pipe economizer, energy management system, project cost 15,000,000 Baht)
Project 3
Building Type Hotel
Gross area -
Project type Air-conditioning, Energy and Power Management
Savings* 20% of energy consumption (VSD for cooling tower pump, VSD chiller, boiler improvement, heat pump, solar hot water, energy management system, ozone laundry)
EnergyConservation.sg

 

Hotel Office Mixed Development Public Buildings Retail

 

EnergyConservation.sg is the expert of providing energy saving solutions and efficiencies up keeping for ACMV system. Their strengths in engineering innovation with experience in Energy Performance Contract have assisted many building owners & managements in reaping energy saving without initial outlay, while maintaining same comfort, convenience and productivity. Achieving more with less energy consumed, they help their customers to achieve their goals towards creating a sustainable green environment.

 

Project 1
Building Type Retail
Gross area 62,935 m2
Project type Chiller, Energy and Power Management
Savings* 12,336,678 THB per year
Project 2
Building Type Mixed Development
Gross area 91,726 m2
Project type Chiller, Energy and Power Management
Savings* 5,518,357 THB per year
Project 3
Building Type Mixed Development
Gross area 350,000 m2
Project type Air-conditioning, Energy and Power Management
Savings* 12,975,633 THB per year
Goldmarktech

 

Data Centre Hotel Industrial Office Mixed Development Retail

 

Goldmarktech.Co.,Ltd is an energy service company (“ESCO”) in the business of developing, designing, installing and management of energy projects with energy efficient measurement and verification technologies to achieve reduction in the electricity costs and carbon emissions of the building/sites (“Energy Efficiency Projects”).

 

Project 1
Building Type Public Building
Gross area 250,000 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 30% of building’s electricity bill
Project 2
Building Type Hotel
Gross area 20,000 m2
Project type Air-conditioning, Energy and Power Management, Facade
Savings* 35% of building’s electricity bill
Project 3
Building Type Industrial
Gross area 100,000 m2
Project type Air-conditioning, Chiller, Elevator, Energy and Power Management, Façade, LED Lighting, Solar
Savings* 40% of building’s electricity bill
Schneider Electric

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all.

Their mission is to be your digital partner for Sustainability and Efficiency.

They drive digital transformation to enable integrated company management, for homes, buildings, data centres, infrastructure and industries.

 

Project 1
Building Type Data Centre
Gross area 38,000 m2
Project type Energy and Power Management, LED Lighting
Savings* >20% of building’s electricity bill
Project 2
Building Type Office
Gross area 4,500 m2
Project type Air-conditioning, Energy and Power Management
Savings* >30% of building’s electricity bill
Project 3
Building Type Industry Plant
Gross area 11,000m 2
Project type Energy and Power Management
Savings* >20% of building’s electricity bill
Signify

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Signify (formerly Philips lighting) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Their Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2021 sales of EUR 6.9 billion, they have approximately 37,000 employees and are present in over 70 countries. They unlock the extraordinary potential of light for brighter lives and a better world. They achieved carbon neutrality in 2020, have been in the Dow Jones Sustainability World Index since our IPO for five consecutive years and were named Industry Leader in 2017, 2018 and 2019.

 

Project 1
Building Type Office
Gross area 35,000 m2
Project type LED Lighting
Savings* 60% of system's energy consumption
Project 2
Building Type Industrial
Gross area 43,000 m2
Project type LED Lighting
Savings* 75% of system's energy consumption
Project 3
Building Type Hotel
Gross area 20,000 m2
Project type LED Lighting
Savings* 50% of system's energy consumption
Smart Energy Saving

 

Hotel Industrial Public Buildings

 

Energy saving project in 4 steps:

  1. Explore/search for various measures.
  2. Selection/installation of appropriate measures.
  3. Guaranteed Saving with EPC contract.
  4. Provide low-interest funding sources (ESCO Fund).

 

Project 1
Building Type Private Hospital
Gross area
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 33% of Total electric cost bill
Project 2
Building Type Hotel
Gross area
Project type Air-conditioning, Energy and Power Management, LED Lighting
Savings* 40% of Total electric cost bill
Project 3
Building Type Industrial
Gross area
Project type Energy and Power Management, LED Lighting
Savings* 36% of Total electric cost bill

 

*Savings 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.

Click here to connect with U-Energy partners


If you are interested in becoming a U-Energy partner, contact us here.

Frequently Asked Questions

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.

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.

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.

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.

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