Tesco launches LED buying club
10 Oct 2013
Buying club launched to help suppliers invest in energy efficient lighting equipment
We have launched a collaborative buying club which will help suppliers invest in energy efficient lighting equipment and installations by offering substantial discounts and advice.
The Buying Club, which has been developed in collaboration with 2degrees and the Carbon Trust, will be available to the 700 plus businesses that are members of the Tesco Knowledge Hub – a global and exclusive online community for Tesco suppliers which encourages members to share information, experiences and best practice in carbon reduction.
The scheme will work by utilising the collective purchasing power of the suppliers in the Knowledge Hub to negotiate discounts on energy efficient lighting equipment. Savings of up to 25 per cent will be available on the cost of equipment, which could result in savings of up to 80 per cent on energy bills. As well as financial savings, members of the Buying Club will benefit from expert advice and guidance on the equipment they need and the energy savings they could make.
Eaton Cooper Lighting and Safety has been selected as the provider of LED and low-energy fluorescent lights, which will be installed by Briggs & Forrester Special Projects.
The launch of this exciting new initiative follows a successful pilot with four suppliers who trialed the model with LED lighting earlier in the year. The results of the pilot showed that it had helped cut their lighting costs by up to 80 per cent. Feedback from those who took part showed that power of collaboration can remove barriers and concerns to investing in energy saving measures - such as confusion over the huge range of low energy lighting providers, and quality and price.
Bruno Gardner, Director, Energy Efficiency Ventures at The Carbon Trust said: “Energy efficient lighting is one of the best investments many businesses can make right now. In theory it should be an easy decision, but in practice that’s not always the case. By joining forces with Tesco and 2degrees, we were able to make the business case for energy efficient lighting even more compelling for Tesco’s suppliers – giving them the confidence they needed to invest in saving money and cutting carbon.”
Looking ahead, we will be exploring how this concept could be extended to other areas and cover a wider range of energy saving equipment.