Besides an evaluation of the application data of the funded enterprises, 100 initial and detailed consulting reports were analysed, covering quality criteria, proposed measures and their cost effectiveness. An online survey was carried out among regional partners, energy efficiency consultants and funded enterprises, as well as a control group of enterprises not in receipt of funding. Energy savings from measures implemented were recorded from the statements of the funded enterprises interviewed and the consultation reports and compared to the statements of the control group. The results were projected onto the whole target group reached by the programme, enabling statements to be made on the impact of the funding and the cost effectiveness of the programme in terms of energy savings, CO2 emissions avoided and investments initiated. Recommendations for action relate to the development of the content and instruments of the programme, taking current EU requirements for energy audits as per EED Article 8 and Annex VI into account.