Banpu Next provides leading “Smart Energy Solutions” in the Asia Pacific region.
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
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About U-Energy
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%^.
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.
^Source: https://www.climateinvestmentfunds.org/country/thailand
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
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 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.
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 | • Own the equipment or system • Get realised tax benefits and greater savings on electricity utility • Potential market value increase of your building • Finance internally or through a UOB green loan |
| Energy-as-a-Service | • No upfront capital needed • Save on electricity cost under a guaranteed or shared savings scheme • Maintenance or replacements guaranteed by U-Energy's ESCO partner • Option to buy out the equipment or system |
| Contracting Models |
| Direct Purchase |
| Energy-as-a-Service |
Our partners
banpu_next
Banpu NEXT
barguest_building_performance
Barguest Building Performance
Award-winning energy efficiency company enabling businesses to achieve carbon neutrality goals.
cbm_thailand
CBM Thailand
Providing integrated sustainable solutions to support your business operations and processes.
econowatt
Econowatt
Known for innovative products that save energy and improve water quality.
energica
Energica
Operating in energy conservation, renewable energy, environmental management, and indoor air quality.
energy_conservation.sg
Energy Conservation.SG
An expert in energy conservation, specialising in optimising ACMV systems to deliver energy-saving projects with minimal investment.
goldmarktech.co.,ltd
Goldmarktech.Co.,Ltd
An energy service company (“ESCO”) in the business of development and design.
schneider_electric
Schneider Electric
Drives digital transformation by integrating world-leading processes and energy technologies.
signify
Signify
A world leader in lighting for professionals, consumers, and the Internet of Things.
smart_energy_saving
Smart Energy Saving
Ministry-supported energy management firm enhances efficiency, cuts costs, reduces emissions.
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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