Salix Finance

Salix Energy Efficiency Loans

Salix Finance Ltd is a finance initiative which delivers up to 100% interest-free loan programmes to the public sector to improve the energy efficiency and reduce carbon emissions.

Salix is an independent, publicly funded company with funding available across the UK which is allocated on a first come first served basis.

So far, Salix have funded over 12,080 projects worth £303 million. The value of financial savings over these project lifetimes is expected to reach £1,132 million and save 6,224,242 tonnes of CO2.

Public Sector Projects looking to apply for Salix would need to meet the criteria set:

  • The project must pay for itself with the energy savings made over a 5 year period.
  • Over the lifetime of the project, the cost of the CO2 generated must be less than £100 per tonne.
  • Projects must also be “additional”. The following cannot be considered as “additional”:
  • If the project is required by legislation
  • If the work is required by Building Regulations or planning officers
  • If the project has already begun

Projects can be funded if the majority of income generated comes from the public sector. More than one project can be applied for in a single application, with a minimum value for any single project of £500 and a total minimum application and loan value of £5,000. There is no maximum loan value. Costs can include installation costs if required.

Schools wishing to apply for a Salix loan can also apply through their local authority, and must meet the following criteria:

  • The project must pay for itself with the energy savings made over an 8 year period.
  • Over the lifetime of the project, the cost of CO2 must be less than £200 per tonne.
  • Projects must also be “additional”. The following cannot be considered as “additional”:
  • If the project is required by legislation
  • If the work is required by Building Regulations or planning officers
  • If the project has already begun

What this means to you

Salix Finance can cover all types of projects, and with regards to lighting, can cover lighting controls, lighting upgrades, LED lighting, and street lighting.

Lighting Services are able to provide all types of lighting, focussing on LED and energy saving technologies to ensure your project can save the most on energy and money.

For more information about Salix Finance, please visit www.salixfinance.co.uk.