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Multi-million-pound investment will help Scotland’s buildings reduce their energy and water bills

Posted: 26th July 2017

A multi-million-pound investment deal is helping energy and water efficiency company SaveMoneyCutCarbon expand its Scottish operation.

The company, now in its fifth year of operation, aims to become the go-to people for homes and businesses that want to reduce their energy and water bills.

It does this through its leading website, partnerships with major manufacturers and a team across the UK that offers a unique end to end service in the field.

The innovative approach has successfully delivered energy and water-saving projects for businesses across the UK and in Scotland that have saved many thousands of pounds, but up until now this has had to be managed from its Southern offices.

The potential for further rapid growth as energy and water bills continue to rise was identified as a key driver of the successful conclusion of the £3.2 million investment round by IW Capital. SaveMoneyCutCarbon CEO Mark Sait said the funding would grow the company’s Scottish presence on the ground to deliver savings, payback and peace of mind.

Kyle McGuigan, who recently joined the company to head the sales development in Scotland, said: “There is huge potential here for businesses, organisations and homes to save millions of pounds through effective energy and water saving solutions and we now have the support and backing from our head office to grow the business and the local support we can offer our customers here in Scotland.

“It’s a fact that many Scottish businesses and other organisations such as schools have yet to take advantage of the immense financial benefits from reduced energy and water consumption. We are committed to driving awareness and partnering with them to reap the rewards of becoming a sustainable operation.”

Kyle added: “We are now looking to find the best partners to help promote and create awareness of the savings and carbon reduction message across Scotland.

The Scots development, with Shane Marshall leading the technical side and the installation teams, is focused on rapid expansion in a range of commercial areas from large hotels chains, warehousing operators, schools, hospitals and public-sector organisations.

Shane Marshall said: “Many businesses and organisations have used our expertise to take advantage of efficiency surveys to identify savings opportunities and then to select proven products for fully-managed installation projects. We emphasise the savings first with the added benefit of carbon reduction with peace of mind coming from our manufacturer partnerships and delivery of over 400 successful projects for high profile clients.”

The company also optimises how its customers use online search, its unique website responding to search enquiries by building type. It attracts customers big and small as a platform for knowledge, products, manufacturer partners, savings solutions and support.

Flexibility and responsiveness is key to the company’s success as a digital one-stop-shop marketplace for energy, water savings and sustainability harnessing both e-commerce and a consultative project business.

For more information contact:
Kyle McGuigan – Mobile 07795 950789. Email: kyle.mcguigan@savemoneycutcarbon.com
Shane Marshall – Mobile 07881 303950. Email: shane.marshall@savemoneycutcarbon.com
Website: www.savemoneycutcarbon.com

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Business Comment

Business Comment is the Edinburgh Chamber of Commerce’s bi-monthly magazine. It provides insight on Edinburgh’s vibrant business community, with features on the city’s key sectors, interviews with leading figures and news on new business developments in the capital.
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