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Costs and Savings

An initial investment of £400-£500 is required to install your smart meters. My Eco School is then available on a termly or annual licence. To give you the opportunity to start saving straight away, the first three months after installation are completely free. Running costs after this period will be £55-75 per month, depending on the size of your school.

Because all schools are different, it’s impossible to say exactly what you’ll save. The Carbon Trust estimates that most organisations can reduce their fuel bills by up to 20% simply by better managing their energy use and investing in cost-effective measures.

The average school energy bill in the UK is £32,000 a year, and rising, so even a 10% saving would represent a significant sum. Whatever the size of your school, we would typically expect you to recover the cost of the My Eco School service within the first year of using it, and from then on make additional savings to channel into school projects or resources.