1. U-Energy
  2. Singapore
  3. Business

Business

  • 80GWh Energy-Saving Race80GWh Energy-Saving Race

    Find out more

    Start your company’s energy efficiency journey with U-Energy. With S$100,000 worth of rebates in total* up for grabs, sign-up now!
    *Terms and conditions apply.

    Find out more

The Singapore government has made a commitment for a 36% reduction in energy emissions by 2030. In order to achieve this, at least 80% of the buildings in Singapore will need to be certified with the Building Construction Authority (BCA) Green Mark of identifying energy efficiency as a key pillar in reducing energy demand. 

This commitment is supported by incentives such as the

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.

 

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 16 July 2023, 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 16 July 2023 to take part.

*Terms and conditions apply.

Click here to connect with U-Energy partners

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 16 Jan 2023, 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 16 Jan 2023 to take part.

*Terms and conditions apply.



Click here to connect with U-Energy partners

 

What can I do with the rebates?

 

Convert them into renewable energy certificates of an equivalent value

Convert them into renewable energy certificates of an equivalent value

 Offset the interest payment of your green loan under U-Energy

Offset the interest payment of your green loan under U-Energy

 Donate them to an ESG charity project in your name

Donate them to an ESG charity project in your name

 

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

The capital value of energy efficient assets such as green buildings could be enhanced.

Be recognised as a green company

Be recognised as a green company

Enjoy the reputation and branding that comes with meeting sustainability targets.

 

*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.

Click here for Singapore’s Urban Redevelopment Authority (URA) definition of gross floor area.

S$
Please key in a valid numerical value greater than 0. Please key in a valid numerical value.

OR

kWh
Please key in a valid numerical value greater than 0. Please key in a valid numerical value.

Fields denoted with * are compulsory.

Results

Please enter the information to continue.

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:

S$ 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. 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

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 Industrial
Gross area 41,716 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 27% of heating, ventilation and air-conditioning energy consumption
Project 2
Building Type Hotel
Gross area 40,605 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 20% of heating, ventilation and air-conditioning energy consumption
Project 3
Building Type Mixed Development
Gross area 483,096 m2
Project type District Cooling Plant (chiller, energy and power management)
Savings* 10% of heating, ventilation and air conditioning energy consumption (District Cooling Plant)
CBM

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Established in 2009, CBM Solutions has been providing building owners with integrated sustainable solutions that support their business operations and processes.

 

Project 1
Building Type Mixed Development
Gross area 23,076 m2
Project type Air-conditioning, Chiller
Savings* 49.30% of system’s energy consumption
Project 2
Building Type Mixed Development
Gross area 49,443 m2
Project type Air-conditioning, Chiller
Savings* 35.60% of system’s energy consumption
Project 3
Building Type Mixed Development
Gross area 102,356 m2
Project type Air-conditioning, Chiller
Savings* 45.70% of system’s energy consumption
Comfort

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Comfort Management - one of the leading companies in Energy Conservation & Management, Energy Consultancy Services and Efficiencies Upkeeping for Air-conditioning and Mechanical Ventilation (ACMV) systems. Their innovative engineering solutions coupled with experiences in Energy Performance Contracting has assisted various types of buildings to reap energy savings, with or without capital outlay, while maintaining the same comfort, convenience and productivity. Comfort's partnership with clients has enabled them to achieve their goals towards lower energy usage and greatly reducing their carbon emissions. Presence in Singapore, Malaysia, Thailand and China.

 

Project 1
Building Type Retail
Gross area 162,580 m2
Project type Air-conditioning, Chiller Plant and Airside Retrofitting, Energy Management System, Carpark Mechanical Ventilation Optimisation, LED Lighting
Savings* 40% of building's electricity bill
Project 2
Building Type Mixed Development
Gross area 43,664 m2
Project type Air-conditioning, Chiller Plant and Airside Retrofitting, Energy Management System, LED Lighting
Savings* 43% of building's electricity bill
Project 3
Building Type Hotel
Gross area 14,864 m2
Project type Air-conditioning, Chiller Plant and Airside Retrofitting, Energy Efficient Hot Water System, Energy Management System, LED Lighting
Savings* 49% of building's electricity bill
engie

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

ENGIE South East Asia is a fast-growing team of over 2,000 employees with a geographical focus in Singapore, Malaysia, and the Philippines to provide tailor-made integrated energy solutions for their customers in commercial buildings, industries, and cities.

They select the best and most relevant technologies available on the market to create innovative, smart and bespoke energy efficiency solutions that enhance the performance of businesses and communities, and make the world a better place.

ENGIE offers energy efficiency as-a-Service solutions with unique benefits to its clients: (1) no upfront cost, (2) guaranteed cost savings through the whole contract duration, (3) focus on your core business, (4) maximise value for your business from our sustainability measures.

 

Project 1
Building Type Hotel
Gross area 85,921 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 50% of system’s energy consumption
Project 2
Building Type Mixed Development
Gross area 45,000 m2
Project type Solar
Savings* 28% of building’s electricity consumption
Project 3
Building Type Industrial
Gross area 60,000 m2
Project type Chiller, Energy and Power Management
Savings* 32% of system’s energy consumption
G-Energy

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

G-Energy is proud to be recognised as an International Award-winning Energy Service Company (ESCO) with one of the largest professional team of Energy Specialists and Qualified Green Mark Consultants in the Asia Pacific Region. Their energy consultancy experts are committed to delivering excellent customer service — they strive to understand our clients’ industries, and propose sustainable solutions most suited to the project’s needs.

 

Project 1
Building Type Retail
Gross area 140,000 m2
Project type Air-conditioning, Chiller, Energy and Power Management
Savings* 23% of building’s electricity bill
Project 2
Building Type Mixed Development
Gross area 228,000 m2
Project type Air-conditioning, Chiller
Savings* 25% of building’s electricity bill
Project 3
Building Type Hotel
Gross area 19,600 m2
Project type Chiller, Energy and Power Management
Savings* 33% of building’s electricity bill
M&V

 

Data Centre Hotel Industrial Office Mixed Development Retail

 

Measurement & Verification Pte Ltd (M&V PL) is an Energy Service Company (ESCO) accredited by The National Environment Agency of Singapore. Their company mission is ’To optimise energy usage and contribute to an environmentally sustainable future’. They have proven track record of providing energy efficiency performance guarantees for more than 25 projects with a total installed cooling capacity of more than 100,000 Refrigeration Tons.

 

Project 1
Building Type Public Building
Gross area 26,876 m2
Project type Air-conditioning, Chiller and Energy Management System
Savings* 32% of building’s electricity bill
Project 2
Building Type Mixed Development
Gross area 308,000 m2
Project type Air-conditioning, Chiller and Energy Management System
Savings* 20.1% of building’s electricity bill
Project 3
Building Type Retail
Gross area 30,000 m2
Project type Air-conditioning and Energy Management System
Savings* 30% of building’s electricity bill
NaviX Solutions

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

NaviX Solutions, a subsidiary of Schneider Electric, provides innovative 'as-a-Service' business solution for Critical Power & Cooling Assets for Enterprise. Their customers enjoy a full subscription-based service which provides financial agility, sustainability and efficiency through full asset lifecycle management and adoption of innovative technology. These environments include:
* Tenants' computer room
* Distributed compute nodes
* Edge or remote DC/Rugged Environment

 

Project 1
Building Type Data Centre
Gross area 56 m2
Project type Energy and Power Management
Savings* 20% - 25% of system's energy consumption
Project 2
Building Type Data Centre
Gross area 4,645 m2
Project type Energy and Power Management
Savings* 10% - 15% of system’s energy consumption
Project 3
Building Type Data Centre
Gross area 9,290 m2
Project type Energy and Power Management
Savings* 20% - 25% of system’s energy consumption
Schneider Electric

 

Data Centre Hotel Industrial Office Mixed Development Retail

 

Schneider Electric'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.

Enable smart buildings with EcoStruxure Building
Modernise and future-proof building management infrastructure with EcoStruxure Building - a collaborative Internet of Things (IoT) solution which features a scalable, secure and global architecture for smarter buildings. It securely connects hardware, software and services to optimise building efficiency, comfort, productivity and building value.

 

Project 1
Building Type Office
Gross area 17,652 m2
Project type Air-conditioning, Chiller, Elevator, Energy and Power Management, Facade, LED Lighting, Solar
Savings* 40% of building’s electricity bill
Project 2
Building Type Office
Gross area 929 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 20% of building’s electricity bill
Project 3
Building Type Hotel
Gross area 2,787 m2
Project type Air-conditioning, Chiller, Energy and Power Management, LED Lighting
Savings* 14.5% of building’s electricity bill
CBM

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Number one in connected, LED and conventional lighting. Signify is the world leader in lighting for professionals, consumers and lighting for the Internet of Things. Their energy efficient lighting products, systems and services enable our customers to enjoy a superior quality of light, and make people’s lives safer and more comfortable, businesses more productive and cities more liveable.

With 2021 sales of EUR 6.9 billion, and a presence in over 70 countries, they are unlocking the extraordinary potential of light for brighter lives and a better world.

Signify proudly markets the best lighting brands in the world, including Philips, Interact, WiZ, Colour Kinetics and more.

 

Project 1
Building Type Industrial
Gross area –
Project type LED lighting
Savings* ~60% of lighting energy usage
Project 2
Building Type Mixed Development
Gross area –
Project type LED lighting
Savings* ~40% of lighting energy usage
Project 3
Building Type Office
Gross area –
Project type LED lighting
Savings* ~65% of lighting energy usage
Sunseap

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Sunseap Solutions, a wholly-owned subsidiary of the Sunseap Group, specialises in the provision of Energy Efficiency services, including Energy Performance Contracting for Lighting and ACMV systems, Environmental Sustainability Design (ESD) services, green roofs and Energy Storage Systems (ESS).

 

Project 1
Building Type Industrial
Gross area 24,991 m2
Project type LED Lighting
Savings* 58.60% of lighting electricity or energy consumption
Project 2
Building Type Industrial
Gross area 63,174 m2
Project type LED Lighting
Savings* 46.10% of lighting electricity or energy consumption
Project 3
Building Type Industrial
Gross area 31,587 m2
Project type LED Lighting
Savings* 36.20% of lighting electricity or energy consumption

 

*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.

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.

By appointing and working with our U-Energy partners, there will be no additional costs or charges associated with the programme.

You will only be able to choose from our list of U-Energy ESCO partners for your energy efficiency projects under U-Energy.

Start reducing your building's energy consumption. Click on the button to get in touch with our U-Energy partners.

Connect now