18 Nov 2014
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Green Financing Options
Navigating the options for securing green finance can become complex, we aim to save you some time by summarising our top 5 schemes:
- Chalmor LifeSaver: Our award winning LifeSaver ‘Pay as you save’ scheme will enable you to upgrade your heating system, lighting or lighting controls with no capital outlay. Instead, you pay quarterly once the project has been installed. The aim is that the payments would be equal to or less than the savings you make each quarter from reduced costs. For more information, including an example of how this could work, click here.
- Salix and the Revolving Green Fund: The Government in partnership with the Carbon Trust and Salix Financing is providing £51.5m in interest free loans for public sector bodies to employ energy efficient technology. Loans do not require match funding and are available on a first come first serve basis. Projects must payback over a maximum 5 year period and the loan value must not exceed £100 per ton of carbon saved over the lifetime of the equipment. Click here to read more.
- Carbon Trust Implementation Scheme: Designed to help UK businesses reduce energy costs by installing more efficient technology, this scheme offers an independent evaluation of the most energy efficient solutions for your organisation – plus lists accredited suppliers to carry out projects. Chalmor is a Carbon Trust Accredited Supplier for eTRV and lighting controls. For more information, click here.
- Energy Efficiency Financing: The Carbon Trust has partnered with Siemens Financial Services to provide financing options to organisations seeking to reduce energy use. Finance payments are calculated to be offset by energy savings, the aim being that the loan pays for itself. Organisations must have been trading for longer than 36 months to apply. Click here to read more.
- 5% VAT: You may be eligible for 5% VAT! This reduced rate of VAT applies to the purchase AND installation of energy saving materials for residential accommodation. For more information, click here.
