In the Higher Eduction (HE) sector, energy efficiency has a huge amount to offer.
After all, the Carbon Trust estimates that through efficiency, UK schools and institutions could reduce energy costs by around £44 million per year, which would prevent 625,000 tonnes of CO2 from entering the atmosphere.
That’s to say nothing of the benefits to children and teachers from more efficient, comfortable buildings to learn and work in.
Salix Fund extended
Given efficiency’s remarkable potential to help its encouraging news that the Salix Fund, which offers a number of financing solutions, is calling for applications for interest-free funding for Higher Education Institutions (HEIs) in England through the Revolving Green Fund, with applications being accepted until 27th October.
Energys is delighted by this news. Almost half of all HEIs in England worked with Salix on energy efficiency projects in the last financial year, resulting in the completion of projects utilising over £20m from Salix managed programmes.
As well as impressive carbon emissions savings, these projects will see annual energy bill savings of £4m annually and £63m over the lifetime of the projects.
What kind of work can Salix cash catalyse?
Crucially, Salix money can go towards over 120 energy efficiency technologies, and Salix is able to support programmes of work spanning multiple years.
The work might cover building management systems, boiler improvements, or LED retrofits, all technical solutions which, here at Energys, we can help with.
“HEIs might want to look at suites of work, across the varying retrofit requirements they might have,” comments Kevin Cox, Managing Director, Energys.
“Energy efficiency can make a massive difference in HEIs across the country. Historically, the challenge has been getting the cash upfront to make the improvements happen.
“That’s understandable; those tasked with managing HEI budgets have a complex role, with many disparate elements battling for priority.
“Therefore, the right funding and financing streams make such a positive difference. We’re delighted to already work with HEIs and Salix, so we have the experience that counts.”
HEI funding; don’t hesitate
There really is nothing to lose from investigating what scope Salix has to benefit your HEI, so Salix advises interested parties to follow the link to the application page.
Or, simply contact us at Energys, for help on the opportunities available.