USAID, SLSEA collaborate to empower businesses with innovative energy efficiency solution

INSUBCONTINENT EXCLUSIVE:
In a joint initiative aimed at fostering energy efficiency among businesses and simplifying energy usage reporting, the United States Agency
for International Development (USAID) has partnered with the Sri Lanka Sustainable Energy Authority (SLSEA) to unveil a groundbreaking
tool.On September 14, USAID, in collaboration with SLSEA through its Sri Lanka Energy Program, introduced the National Energy Benchmarking
Portal (NEBP), in US Embassy in Colombo said in a press release.This innovative platform is designed to assist businesses in curbing
electricity consumption by promoting efficient practices and conservation methods, thereby addressing the challenges posed by escalating
energy costs
The launch of NEBP marks a significant step toward a more sustainable and energy-efficient future for businesses in Sri Lanka.The NEBP is
the result of two years of collaboration between USAID, SLSEA and select private organizations
The portal is a digital solution to disseminate energy consumption data and will be managed by SLSEA as a central repository for energy
consumption data from all industrial, commercial, and government facilities in Sri Lanka, starting with supermarkets and the financial
sector.Organizations can submit their energy consumption and other data required for benchmarking through the portal, which contains data
efficiency and accuracy of data entry and analysis for nearly one million consumer accounts, allowing for identification and comparison of
consumption patterns in real time.Christopher Powers, Director of Economic Growth at USAID/Sri Lanka, called the new portal a critical tool
to support energy efficiency initiatives
energy efficiency and conservation investments despite their financial appeal