• GSC Grays case study

  • FAQs

  • What we do

    What We Do

    At Accounting for Energy, our vision is to build a mutually beneficial, rewarding marketplace
    for landowners who have renewable energy projects on their land.

    That’s why all our services help to increase transparency in this new and largely unregulated
    industry – while equipping and empowering landowners and the other people we help with
    the insights they need to benefit fully from their renewables projects.

     

     

  • Category Archives: Financial Sustainability


    A glimmer of hope for onshore wind?

    By Freccia Benn  – (3 min read)

    Last year we looked at what might happen once the government’s Feed-in Tariff ended in March in this blog. A new law set to replace FiTs has received a mixed reception so far, but at a time when the future of onshore wind looks uncertain, could this new law be the glimmer of hope for small-scale renewable energy generators?

    Despite findings that onshore wind is an inexpensive way to produce electricity, the support for offshore wind seems to keep growing. Recently, it was announced that a new funding pot of £100m will help companies capitalise on the boom in the offshore sector. This comes at the same time as Theresa May announcing that the UK will become a zero carbon nation by 2050, to which trade body, Renewable UK, has responded that onshore wind needs to be a key part of the strategy in achieving this. Against this backdrop, the frustration is understandable for those in a position to create clean energy through onshore wind.

    But could the introduction of the Smart Export Guarantee (SEG), a new law that will see small energy producers paid for excess energy they create that goes back to the grid by their energy companies, be a small turning point?

    The SEG, which will cover both wind and solar, will apply to any new contracts and will be based on the ‘export rate’ alone, whereas FiTs were based on both the export and generator rate. The other key difference is that the energy company can set their rate rather than using the fixed rate the government provided previously. Critics suggest it’s a backhanded way to reintroduce subsidies for new projects and the expansion of existing ones.

    So, is this a positive move? Small generators are less likely to get as favourable a rate as was available in the past, but any help the sector can get has got to be a good thing. Of course, the challenge for many of the companies which would be able to contribute to helping us reach the 2050 target with subsidy support, still remains. While money is being pumped into offshore wind, small gestures such as these do not go far enough to exploit the benefits of onshore wind.

    For further information, please contact:

    Freccia Benn

    Co-Founder

    0203 876 0324

    Share

    Sustainability – the future of finance

    By Accounting for Energy  – (4 min read)

    Here at AfE we are passionate about ensuring landowners’ green energy is working hard for them. The very heart of what we do is  to help our clients to be both sustainable and profitable,  and we get excited when we see other businesses working toward the same goal. Our Editorial Director, Sharon Davis, sat down with our Operations Director, Freccia Benn, to find why she thinks sustainable businesses are the future. 

     

    What are your thoughts on sustainability in business?

    Sustainability provides businesses with an opportunity to lead environmental outcomes. Historically,  a business was seen as ‘green’ if their raison d’être was environmentally linked, but the reality is any company  can have this focus. I think the definition of a green business today is one that puts sustainability at the heart of their strategic decisions. This could be changing the way they process waste, measuring their environmental impact or reassessing their supply chain to see if they can work with greener suppliers and other partners.

    What does this mean for AfE?

    It’s our mission to empower landowners to be financially and environmentally shrewd. At a time when the UK government has scaled back its subsidy support, making renewable energy production appear less commercially viable, we are creating a cultural shift, so that renewable investments are fair, attractive and rewarding, rather than being perceived as complicated and non-transparent.

    How do you do that?

    Through our royalty audits which proves that renewable energy makes good business sense and has identified significant saving for our landowner clients since we began in 2014. Such savings are maximising the benefits of renewable operations for UK landowners.

    Why is this important?

    This is an unregulated area. We are increasing transparency and equipping UK landowners with comprehensive knowledge about their renewable projects, and our royalty audits help our clients to gain more ownership over the renewable energy produced on their land.

    For too long the perception around renewables and eco-friendly activities has been that it’s a good thing to do, but not necessarily financially beneficial and this simply isn’t the case. Both go hand in hand, and I’m sure many financial professionals would agree.

    Do you think sustainability is the future of finance?

    I do. Many organisations realise that current financial models and our general attitude toward the environment has to change, and organisations such as Accounting for Sustainability are doing a great job in this area, one of the ways they do this is by galvanising financial leaders to think about how they incorporate sustainable methods into the heart of their financial processing.

    It’s also great to see many big businesses taking their carbon footprint seriously, plus I’m inspired by smaller companies such as Abundance Investment which is a platform that provides finance for projects with long-term sustainable outcomes, and bio-bean which recycles waste coffee grounds into advanced biofuels and biochemicals. There is a lot going on and I do believe the tide has turned. Businesses have a unique opportunity to be the driving force for environmental change while simultaneously being profitable.

    For further information, please contact:

    Freccia Benn

    Co-Founder

    0203 876 0324

    Share

    Sustainable practice – social goals

    By Freccia Benn – (4 min read)

    Sustainability is a big word. We all know the dictionary definition, yet in daily usage, it has taken on a wider meaning. In fact, it can refer to almost any activity or goal likely to benefit the environment. In terms of doing business, sustainability can mean recycling your waste, or reducing vehicle journeys. One aspect that is often overlooked, however, is how business goals can be used to promote social outcomes.

    In 2015, the UN introduced its Sustainable Development Goals – 17 aims for countries, both rich and poor, to promote prosperity while protecting the planet. The ethos was that economic success need not come at a cost to the environment. However, it also went a step further, calling for sustainable business to end poverty. The UN goals include a commitment to work towards a world with no poverty; decent work and economic growth, and reduced inequalities.

    While it may be easy to assume that in the UK, a developed nation and the fifth highest performing economy in the world, we are all well-heeled, in fact, poverty is on the rise. According to the Joseph Rowntree Foundation’s most recent report, UK Poverty 2018, 4.1 million children and four million workers are living in poverty, a rise of 500,000 in the last five years. The UK is clearly not a land of milk and honey for all.

    Recycling enterprises have always been well-placed to drive socially conscious business. At the dawn of recycling in the UK, Friends of the Earth and others spearheaded paper recycling and, for many years, a thriving community sector drove multi-material recycling schemes.

    Today, social businesses such as Greenstream Flooring in Wales continue to challenge preconceptions. Since 2011, Greenstream has saved 500,000 tonnes of used office carpet tiles from landfill or incineration, selling them for business reuse or donating them to low-income families and organisations that would not otherwise be able to afford them. It also provides training and volunteering opportunities to help people back into work.

    The breadth of socially-centred enterprise extends from the Reuse Network’s members, which collect, refurbish, sell and donate goods to low income families and the public, to used wood from the construction centre – sourced through the National Community Wood Recycling Project. Social enterprise businesses such as Manchester’s Emerge provide recycling services, confidential data shredding, and food redistribution through the FareShare programme.

    With a stronger focus on corporate social responsibility, wider business is also reflecting the need for greater social obligations. Reconomy, for example, recently launched its social value programme to build community relationships. In practice, this means ‘breaking barriers’ for ex-offenders and the homeless, and ‘supporting change’ in wider industry. 

    In today’s uncertain climate, it is encouraging to see that social goals still have value in business. In the words of Ellen Petts of Greenstream Flooring, “Basically, we like helping people. We have to earn money to do it, but it all goes into helping people.”

    For further information, please contact:

    Freccia Benn

    Co-Founder

    0203 876 0324

    Share

    Warning: Use of undefined constant php - assumed 'php' (this will throw an Error in a future version of PHP) in /home/accoun98/public_html/wp-content/themes/bootstrap-canvas-wp/category.php on line 21
  • Testimonials

    • “We found your report informative and easy to read, it was good to see how the wind farm is performing
      and we were pleased with the results of the audit”

       

      Mark Charles,

      Exeter

      Share
    • Sara James,

      Durham

      Share
    • Martin Roberts,

      Peterborough

      Share
    • Tracy Maria,

      Cumbria

      Share
    • David Terrence,

      Devon

      Share
    • “In every instance Accounting for Energy have identified and recovered shortfalls in rent for my clients. Not only do the landowners receive back payments but they are also keen to show developers that they are being held to account.”

       

      Chris Thyer MRICS FAAV

      Land Agent, GSC Grays

      Share
    • “We don’t have comparable leases in renewable energy meaning there are few examples to draw from, so it’s always good to have checks and balances in place. We would recommend Accounting for Energy for their diligence.”

       

      Ali Walker

      Property Co-ordinator, Bath and Wells Diocese, Church of England

      Share
    • “The information provided by the turbine owner seemed to be comprehensive. The issue comes with knowing if all the data is complete and the audit was able to identify areas that we should have been receiving royalties on.”

       

      Ben Ardern

      Financial Controller, Dewlay Cheesemakers

      Share
    • “I worked with Travis on a set of arbitral proceedings to recover unpaid royalties on behalf of the landowners of a large renewable energy site. I was very inspired by his passion for his industry and his tireless commitment to getting the best results.”

       

      Sarah Bishop,

      Commercial Disputes Solicitor

      Share
    • “Travis is the go-to person for renewable energy landowner royalty payments. He gets into the details of a case, and is very tenacious in identifying and recovering any monies owed to landowners.”

       

      Grant Jones,

      Chartered accountant, solicitor and practicing arbitrator

      Share
    • “I would recommend Accounting for Energy because they are clearly experts in this area, and they were good to work with. It was an easy
      decision to get them on board because we really didn’t have the expertise or the time to be trawling through the lease and power purchase agreement.”

       

      Nick Kenyon,

      CEO, Dewlay Cheesemakers

      Share
  •  

    Before Accounting for Energy, Freccia was a successful entrepreneur in the healthcare space. When Travis told her about the challenges in the renewables sector, she was convinced that they could use their combined expertise to help landowners.

    Fuelled by her passion for business and making a difference to landowners, Freccia then developed her ideas for Accounting for Energy’s services, strategy and pricing in a way that would best serve their clients.

    She is now responsible for all the business’ operational activities and client services, and her passion for helping landowners in the UK continues to drive her work.

     

     

    “With the threat of climate change to our planet looming, my mission is to develop a business that helps build the infrastructure of the renewable energy market. I also want to make sure those who are invested in it receive fair returns. As this is still a new industry, we are able to help to avoid the pitfalls of other more established industries and by doing so, help the wider green economy.”

     

    Freccia Benn
    Co-Founder

     

    0203 876 0324

     

  • Our Clients

    Our Clients

    • “We found your report informative and easy to read, it was good to see how the wind farm is performing
      and we were pleased with the results of the audit”

       

      Mark Charles,

      Exeter

    • “Job well done”

       

      Sara James,

      Durham

    • “Early non-payment discovered so very happy with outcome”

       

      Martin Roberts,

      Peterborough

    • “Excellent service. The review has given me peace of mind”

       

      Tracy Maria,

      Cumbria

    • “We found the report very thorough and really interesting and were pleased
      that the payments have been corrected and appreciate your help with this very much”

       

      David Terrence,

      Devon

    • “In every instance Accounting for Energy have identified and recovered shortfalls in rent for my clients. Not only do the landowners receive back payments but they are also keen to show developers that they are being held to account.”

       

      Chris Thyer MRICS FAAV

      Land Agent, GSC Grays

    • “We don’t have comparable leases in renewable energy meaning there are few examples to draw from, so it’s always good to have checks and balances in place. We would recommend Accounting for Energy for their diligence.”

       

      Ali Walker

      Property Co-ordinator, Bath and Wells Diocese, Church of England

    • “The information provided by the turbine owner seemed to be comprehensive. The issue comes with knowing if all the data is complete and the audit was able to identify areas that we should have been receiving royalties on.”

       

      Ben Ardern

      Financial Controller, Dewlay Cheesemakers

    • “I worked with Travis on a set of arbitral proceedings to recover unpaid royalties on behalf of the landowners of a large renewable energy site. I was very inspired by his passion for his industry and his tireless commitment to getting the best results.”

       

      Sarah Bishop,

      Commercial Disputes Solicitor

    • “Travis is the go-to person for renewable energy landowner royalty payments. He gets into the details of a case, and is very tenacious in identifying and recovering any monies owed to landowners.”

       

      Grant Jones,

      Chartered accountant, solicitor and practising arbitrator

    • ““I would recommend Accounting for Energy because they are clearly experts in this area, and they were good to work with. It was an easy
      decision to get them on board because we really didn’t have the expertise or the time to be trawling through the lease and power purchase agreement.”

       

      Nick Kenyon,

      CEO, Dewlay Cheesemakers


  • Testimonial with bg

    • “We found your report informative and easy to read, it was good to see how the wind farm is performing
      and we were pleased with the results of the audit”

       

      Mark Charles,

      Exeter

      Share
    • Sara James,

      Durham

      Share
    • Martin Roberts,

      Peterborough

      Share
    • Tracy Maria,

      Cumbria

      Share
    • David Terrence,

      Devon

      Share
    • “In every instance Accounting for Energy have identified and recovered shortfalls in rent for my clients. Not only do the landowners receive back payments but they are also keen to show developers that they are being held to account.”

       

      Chris Thyer MRICS FAAV

      Land Agent, GSC Grays

      Share
    • “We don’t have comparable leases in renewable energy meaning there are few examples to draw from, so it’s always good to have checks and balances in place. We would recommend Accounting for Energy for their diligence.”

       

      Ali Walker

      Property Co-ordinator, Bath and Wells Diocese, Church of England

      Share
    • “The information provided by the turbine owner seemed to be comprehensive. The issue comes with knowing if all the data is complete and the audit was able to identify areas that we should have been receiving royalties on.”

       

      Ben Ardern

      Financial Controller, Dewlay Cheesemakers

      Share
    • “I worked with Travis on a set of arbitral proceedings to recover unpaid royalties on behalf of the landowners of a large renewable energy site. I was very inspired by his passion for his industry and his tireless commitment to getting the best results.”

       

      Sarah Bishop,

      Commercial Disputes Solicitor

      Share
    • “Travis is the go-to person for renewable energy landowner royalty payments. He gets into the details of a case, and is very tenacious in identifying and recovering any monies owed to landowners.”

       

      Grant Jones,

      Chartered accountant, solicitor and practicing arbitrator

      Share
    • “I would recommend Accounting for Energy because they are clearly experts in this area, and they were good to work with. It was an easy
      decision to get them on board because we really didn’t have the expertise or the time to be trawling through the lease and power purchase agreement.”

       

      Nick Kenyon,

      CEO, Dewlay Cheesemakers

      Share

  • Arrange a Call

    Choose an from the available dates and fill
    in your details to arrange a call with us.

    [booked-calendar]

    Right hand contact tabs

     

    Share
    Share