Top tips and tweaks for winning PSDS Phase 4 funding
There’s no two-ways about it, PSDS Phase 4 will be ultra competitive. So getting that extra few percent out of your application could make all the difference! Read our top tips on how to bullet proof your carbon-saving figures and put your application firmly in the mix!
Requirement 1: The Energy and Carbon Monitoring Plan
A key requirement in Phase 4 is the need to specify how the savings attributable to each technology in your scheme will be measured and reported. Salix signposts the use of IPMVP best practice as the means for structuring your Energy and Carbon Monitoring Plan - see p.33, para 4.4.6 of the PSDS Guidance.
Top tip:
Use an IPMVP expert
Follow the Salix guidance and structure your Energy and Carbon Monitoring Plan in accordance with IPMVP best practice.
EEVS - the UK-leading experts on all things IPMVP - will ensure your Plan is designed to the highest quality, IPMVP-adherent, standards.
Requirement 2 - Savings Analysis and Reporting
Once your scheme is installed, you’ll need to deploy the performance analysis methodologies set out in your Energy and Carbon Monitoring Plan (as above) to calculate and report the savings achieved by each technology deployed. You need to do this for at least 3 years.
Specifying an IPMVP-adherent approach not only ensures that you comply with Salix guidance, but it also provides you with robust, trustworthy energy, cost and carbon savings figures - ensuring you fully understand the success (or otherwise) of the scheme and, ultimately, whether it has delivered the return on investment expected.
Top Tip: Use accredited experts to calculate savings
IPMVP quality performance analysis is a technical and specialist role that requires professional qualifications.
Including EEVS as your analysis partner will ensure your scheme’s saving performance is calculated correctly - in accordance with your Energy and Carbon Monitoring Plan - and to Salix standards.
Requirement 3 - Robust Carbon-Saving Calculations
Finally, to secure funding you will, of course, need to demonstrate significant energy and carbon savings. Don’t fall at the final hurdle, ensure the figures you submit – including underlying calculations and assumptions - are accurate, error-free, and can withstand scrutiny during bid evaluation.
Top Tip:
Check and verify your figures
EEVS can help by carrying out a one-off due diligence exercise and ensure your application’s saving estimates are checked and verified.
Not only to avoid calculation errors and mis-statements, but also to provide assurance that the figures used are a reasonable estimate of what is achievable by deploying these energy saving technologies at your sites.
Get in touch.
We’re keen to help!
If you would like to know more about EEVS and how we can support your PSDS application, please do get in touch.
Nick Keegan (Director)
T: 07584 010033