SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTOR 100% INTEREST FREE ENERGY EFFICIENCY LOANS...
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Transcript of SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTOR 100% INTEREST FREE ENERGY EFFICIENCY LOANS...
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
100%INTERESTFREEENERGYEFFICIENCYLOANS
Interest Free Financing of Public Sector Energy Efficiency Projects with Salix
Paul Smyth20th November 2013
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
• Independent, publicly funded, not-for-profit company
• Funded by Department of Energy & Climate Change, Department for Education, HEFCE, Scottish Government & Welsh Government
• Supporting Local Authorities, Educational Establishments and NHS Trusts throughout England, Wales and Scotland
We provide 100% interest free capital finance for the Public Sector
Who we are
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
Minimise wasted energy – Controls and awareness raising
Efficient conversion –Installing energy
efficient technology
Offsetting
Salix focus –capital investment to reduce energy
& save carbon3
1
2
4Salix Focus
OnsiteRenewable
Energy
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
£40m funded
1,324 projects
£9.8mn saved in annual energy costs
48,500+ tonnes of CO2 saved annually
Approximate sector split based on 2012/13 data*Other clients consists of: Fire Services, Police Authorities and Passenger Transport Authorities
Total Salix client funding in 2012/13
Local Authorities – 42%Education Establishment – 50%NHS Trusts – 6%Other Clients* – 2%
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
2012/13 Salix top 5 project types
Number of projects fundedValue of projects funded
Street lighting – £7.2mLED lighting – £5.2mLighting upgrades – £3.2mBEMS – £1.2mBoiler replacement – £1.2m
A summary of Recycling Fund & SEELS5 projects
LED lighting – 295Lighting upgrades – 211Heating pipework insulation – 120BEMS – 72Lighting controls – 69
Data as of year end 2012/13
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
Salix Funded Internal Lighting Upgrades
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
Bristol City CouncilClient Case Study
Pre Project Conditions –• Upgrading of the councils street lighting
formed a core part of the their cost savings strategy, but the solution they wished to install was not viable without low-cost funding
Project overview Salix helped Bristol City Council to deliver a street lighting project to upgrade over 10,000 street lights on main roads across the borough, helping to save £503,000 on their energy costs.
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
Bristol City CouncilClient Case Study
Salix Funded Solution –• £1.1m – 100% interest free funding for an
energy efficient upgrade to Ceramic Metal Halide (CMH) lamps
• £503,000 annual energy cost savings• 2,380 tonnes of CO2 saved per year
• Project paid back in 2.2 years
Project overview Salix helped Bristol City Council to deliver a street lighting project to upgrade over 10,000 street lights on main roads across the borough, helping to save £503,000 on their energy costs.
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
What’s New • Salix Finance clients to deliver £1 billion of financial savings for
the Public Sector
• DfE England - completion of exemplar schools films and case studies
• Scotland - Salix funding now available to the whole of the Public Sector
• Internally - new website to be launched at the end of this year Simple online application process
More examples and case studies for clients to share
Supplier guidance and supporting information
SOLVING ENERGY EFFICIENCY FINANCE IN THE PUBLIC SECTORWWW.SALIXFINANCE.CO.UK
Our contact details