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WHAT A PANEL ! MD, Gary Vizard, was honoured to join the debate with the prestigious think-tank, Policy Exchange, alongside Ian Murray, MP, Shadow Minister Business Innovation and Skills, Ian King of Sky News, Sponsors Fiona Laffan of Goldman Sachs and hosts Steve Hughes at the Labour Party Conference.

Gary was chosen to be involved in the conversation about the industrial future of the nation because of his story as an entrepreneur.

GARY IS AN ELECTRICAL ENGINEER by training who has worked in the energy efficiency industry since 1993. He rose through the ranks to General Manager of one of the industry’s original PFC manufacturers and saw the opportunity to start his own business after becoming disillusioned with his then employer. He re-mortgaged the family home to raise £25,000 to start PES (now EnergyAce.)

Until 2009, the business operated as a lifestyle business with 4 employees. To take advantage of the market, PES moved to bigger premises and steadily began to grow. This growth continues and PES now employs 20 people. PES is currently targeting large multi-site retail organisations and has recently found success with the award of a £600,000 contract from a leading restaurant group which will lead to further expansion over the next year.

WITH NEARLY 5 MILLION small and medium enterprises in the UK, accounting for nearly 60% of employment and 50% of turnover, this event provided an opportunity to discuss how businesses are able to obtain capital to fit their business needs and to help them grow. It aimed to answer questions such as:

• What options are available to encourage growth of SMEs and innovative entrepreneurs in the UK?
• How can we best fill the gaps between finance and enterprise?
• Do SMEs really have the potential to contribute to a higher and faster growth rate of the UK economy?
• Is the current small business support landscape adequate?
• What makes a small business finance ready?
• How can small businesses be made aware of innovative / alternative finance solutions?
• What are the best policy recommendations?

Click on the image below to see the whole Finance Debate video featuring Gary from 24′ 05″

ARE YOU A NOT-FOR-PROFIT body looking for funding to deliver innovative, sustainable, energy efficiency programmes in deprived communities?

National Grid is offering a £400,000 Energy Efficiency Innovation Award, which will help develop major innovations to tackle fuel poverty and deliver energy efficiency solutions in disadvantaged communities.

Our EnergyAce A4 Home technology ideally suited to supporting this dynamic, energy and cost-saving initiative. Download our brochure to find out more about the value of this innovative technology saving 8-15% of domestic energy bills – making this technology second only to cavity wall insulation for efficiency and warmth. EnergyAce is proud to support charity National Energy Action in this scheme.

You can find guidelines and an application form on their website here.

Successful agencies will receive fundi ng to help develop and deliver a project that will bring tangible and replicable benefits to low-income communities. For example, this could include projects that: break down the barriers to the development or take up of new products and services; deliver innovative solutions to demand reduction in low-income households; or join up existing schemes and obligations to bring maximum benefit for vulnerable people and the wider community.

Deadline 10th November 2014. Don’t miss out!

Summer intern 20 year old Stephen, left us earlier this week to further continue his studies in France. He has moved over to Lyon in France as part of his University degree in Business & French to begin a year placement as a foreign language assistant teaching English in a French college on behalf of the British council.

Stephen study’s at Aberystwyth University has been with us since early June, working within many functions in the business from production to sales and accounts. Stephen has gained real transferable skills during his time with Power Efficient Systems as he assisted with the rebrand to EnergyAce, the implementation of new operating procedures and helped to generate new policies.

Stephen commented “its great to have been involved in so many varied activities, this is my second intern with the company and its grown so much since the last time, hopefully my input has helped with the massive growth phase”

Gary Vizard the Managing Director and integral to the rebrand to EnergyAce commented “Growing a business is very exciting, there is real buzz through the team as the positive changes take effect although this has undoubtedly been so much easier and much more enjoyable through the impact of Stephens vision, application and positivity throughout his internship, we will all miss him”

Good luck Stephen, we know you will smash every challenge put in front of you, Lyon has gained a great asset.

From all at PES & EnergyAce

Gary Vizard, Managing Director of EnergyAce, has been selected to take part in the Goldman Sachs accelerated business development program taking place at the Said Business School, at Oxford University.

Businesses selected have to evidenced real growth and demonstrate a very strong case to take part in the program which delivers tuition from leading experts within their chosen field.

Gary said: “It is a real privilege to rub shoulders and share experiences with other leaders from the top 6% of growth companies in the UK.

You take something out of every single module to help enhance your clients experience and add value to you proposition plus you have the unrivalled support of the Goldman Sachs business development team who ensure you take ownership of all aspects of your business.

Program delivery is of the highest calibre and the tutors are out of this world while the standard of fellow alumni just blow you away, so much positivity in one place creates such a buzz its unreal.”

If your business is set for growth and you require details of the Goldman Sachs accelerated business development program, contact Gary who is very happy to share his experiences and introduce you to the program administration team.

EnergyAce says à bientôt! to Thomas Mercier, our 20 year old work experience student from the University of Valenciennes in France studying International Trade.

Power Factor Correction may not be the most well-known energy saving technology for 2014 although it is the coolest and here’s the proof.

Power Factor Correction not only removes hidden penalties on electricity bills, reduces capacity and availability charges and reduces energy consumption, it also reduces circuit currents – making everything run cooler with reduced losses in cables and switchgear, this effect also allows for greater efficiency and increases the lifespan of associated switchgear.

The Evidence

Load PF Kva Amps

1000kw @ 0.70pf = 1428kva or 1985A

Install power factor correction and look what happens to the current and kva…

Load PF Kva Amps

1000kw @ 0.99pf = 1010kva or 1404A

A saving of 581A, with reduced heat in cables etc – cool!

Power Factor Correction is effectively the Grandfather of energy efficiency, it has been around almost as long as electricity itself, it is generally described as one of the first simple measures to consider when improving efficiency, its non-disruptive and can last in excess of 20 years.

Other benefits include:

• Reduced demand charges – kva
• Removal or reduction in reactive power charges
• Reduced kW/h losses
• Reduced carbon emissions and CCL charges
• Improved utility
• Fast ROI – typically 1-2 years

For additional information on why Power Factor Correction is cool, energy saving systems, voltage optimisation and the benefits for your organisation, please contact us.