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  • 80GWh Energy-Saving Race80GWh Energy-Saving Race

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    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 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 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 31 December 2024 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

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.

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


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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:

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

 

Headquartered in Singapore and jointly incubated by Schneider Electric and Singapore's Economic Development Board, Navix Solutions (“NaviX”) is a first to-market provider of cleaner, greener and smarter Infrastructure as-a-Service ("IaaS"), enabling decarbonization and accelerating the energy transition.

They build, own and maintain mission-critical M&E infrastructure, which includes Chiller Plant, Uninterruptible Power Supply, Computer Room Air Cooling, EV Charging System, Switchgear, LV & ELV System, Building Management System, etc.

NaviX’s IaaS brings unparalleled benefits to their customers:

Financial Agility

  • No upfront capital expenditure required
  • Fixed monthly OPEX across contract duration
  • Buyout options are available at any point in time

Technology Innovation

  • Gain real-time insights & analytics across all asset types
  • Deploy leading-edge and sustainable energy-efficient technology

Operation Performance

  • Full lifecycle management
  • Proactive maintenance
  • Agile provisioning and capacity planning

Customer Success Management

  • Single point of accountability
  • Customers refocus attention on core business activities
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
Siemens

 

Data Centre Hotel Industrial Office Mixed Development Public Buildings Retail

 

Siemens creates technology that combines the real and digital worlds, to help transform the industries that form the backbone of our economies – industry, infrastructure, transport, and healthcare.

As a technology company, Siemens is driven by the aspiration to address the world´s most profound challenges by leveraging the convergence of digitalization and sustainability. Siemens delivers energy intelligence, turn-key decarbonization solutions and continuous optimization services across various industries.

Backed by a strong track record in energy performance assurance - with over 2,200 energy-saving projects across 40 countries - Siemens' world-class network of connected data-driven services also offers unparalleled access to energy and sustainability data through its Digital Service Centers, with over 35,000 connected sites.

Siemens is committed to empower companies to accelerate their innovation lifecycle, automate processes, and enhance energy efficiency in order to achieve their sustainability goals, and thereby, transform the everyday for a better tomorrow.

 

Project 1
Building Type Office
Gross area 32,000 m2
Project type Chiller replacement, Air-conditioning, lighting controls, BMS, Energy management, remote monitoring
Savings* 57% of energy efficiency improvement
Project 2
Building Type Industrial
Gross area 60,000 m2
Project type Demand Flow for chiller plant optimisation, AHU optimisation, power sub metering and energy management, remote monitoring, data driven optimisation
Savings* 53% improvement of existing chiller plant
Project 3
Building Type Data Centre
Gross area 85,000 m2
Project type AI driven White space cooling optimisation, PUE improvement, Energy and power management
Savings* 40% improvement of existing CRAC units energy efficiency
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.

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.

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

Connect now