What is the Salix Energy Efficiency Fund?
Are you in the public sector looking improve energy efficiency, reduce carbon emissions and lower energy bills? Find out how Salix can help.
The Salix Energy Efficiency Fund (SEEF), delivered by Salix in partnership with the Department for Education (DfE), pledges to improve energy efficiency, reduce carbon emissions and lower energy bills for organisations in the public sector.
Salix is a not-for-profit organisation funded by BEIS, the Department for Education, the Welsh Government, the Scottish Government and Higher Education Funding Council for England.
As of March 2020, Salix has funded over 18,700 projects with over 3,100 public sector bodies, valued at £971 million. This is estimated to save the public sector over £203m million and reduce public sector carbon dioxide emissions by 867,000 tonnes annually. It has two types of funding programmes: the Salix Energy Efficient Loans Scheme and the Recycling.
Who is eligible?
Any Public Sector Body (PSB) who receives most of their income directly from the public sector can apply to the scheme, but Salix can only fund projects where the resultant energy savings go directly back to the PSB and the PSB gains a direct financial benefit.
The compliance criteria for the scheme is:
- The cost to save a tonne of CO₂e over the lifetime of the project must be no more than £191
- The loan must be repaid to Salix in 5 years following completion of the project in 10 equal half-yearly instalments
- Salix can part fund projects which do not fully meet these criteria
How we can help
Centrica Business Solutions has been working with the public sector for over 40 years, and can help you to take advantage of Salix for energy efficiency and carbon reduction measures. As a single supplier security for distributed energy solutions, software for energy management and drivers, and a pioneer in a low-carbon future, we can provide end-to-end support for your business goals and help your business make the most out of green stimulus packages.