Eco Device for the Home Awarded £30,000 for Contribution to Climate Change
VPhase plc has won a £30,000 financial award from the Shell Springboard programme for its eco device for the home, which cuts electricity bills by around 10%, lowers energy use and reduces carbon emissions using voltage optimisation technology.
Online, February 11, 2011 (Newswire.com) - VPhase competed against eight other businesses from across the UK on 1st February 2011 in Birmingham to be named the winner, and will now compete to be named as the overall UK winner in London on 22nd February.The programme promotes the growth of green businesses in the UK, recognising innovative products and services that could help reduce greenhouse gas emissions.
The low-cost VPhase device uses voltage optimisation to reduce and stabilise the incoming voltage to homes, managing it to a stable level of around 220V in the UK. The result is electrical appliances use less electricity and cost less to run - all without requiring a change in lifestyle or supplier. The technology has been saving large companies millions each year, but this is the first time it has been available on a domestic scale.
VPhase CEO Rick Smith comments: "We believe voltage optimisation can make a difference in the fight against climate change and it's incredibly rewarding that a well-established programme like Shell Springboard has also recognised its potential. The funding and recognition we have received will help us to maximise our efforts in targeting 'eco' and 'cash' conscious homeowners, whilst helping the fight against climate change."
The VPhase device, which fits next to the fuse box, works immediately saving energy across a wide range of appliances throughout the home and it's simply a case of fit, forget and save instantly. It must be installed by a qualified electrician, is maintenance free and comes with a 5 year warranty.
Homeowners can buy a VPhase from Eaga for £299 (including VAT and installation) or contact their local electrician using the 'find an electrician' search engine on the VPhase website.
Visit www.vphase.co.uk or call 0845 003 8222 for more details.
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Tags: climate change, energy saving, shell, shell springboard, voltage optimisation, VPhase