In conjunction with the Department for Education (DfE), Salix has now opened its applications for the Salix Energy Efficiency Fund (SEEF).
The interest-free funding is available for all individual academies, academy sixth forms, free schools and those in Multi-Academy Trusts (MATs), who are seeking ways to reduce their energy usage.
Applicants are not required to make any upfront payments, instead the interest-free funding is repaid based upon the predicted energy savings.
Deadline and timescales
Applications opened on Friday 28th September 2018, and the deadline for submissions is Friday 30th November 2018.
Projects need to be completed by December 2019, with the loan value being repaid within an eight year period.
Energys Group has helped many schools and colleges apply for Salix funding, including the College of North West London whose cost savings were so substantial that the college was able to achieve payback on its capital investment in just two-and-a-half years.