Success so far: The Salix College Energy Fund

2nd November 2016

The first round of the Salix College Energy Fund, in partnership with the EAUC and supported by the AoC, was launched in 2014. Two years on, 4 rounds have taken place which have provided funding for over 105 energy efficiency projects in Further Education Colleges with over £5.2million of these projects now completed.

The total annual savings of all projects funded are over an estimated £1.5 million and 7,500 tonnes of carbon*. These savings are realised through a variety of energy efficiency technologies, including LED Lighting, BEMS (boiler energy management system), boiler upgrades and ICT improvements.

The largest project funded was carried out by City of Liverpool College, to a value of over £810,000. The project incorporated a number of energy efficiency measures including LED lighting controls, air conditioning upgrades and a new BEMS. A new round of the Salix College Energy Fund for England will be announced soon, with early applications welcomed. Funding will be awarded once a project has passed technical assessment.

If you would like to begin discussions about your project now, or to make Salix aware of any future plans, you can submit an Expression of Interest here: www.salixfinance.co.uk/loans/expression-of-interest

For further details please visit the Colleges page at www.salixfinance.co.uk/loans/Salix-College-Energy-Fund  or contact a member of the Salix team; fecolleges@salixfinance.co.uk

*Calculated using emissions factors published by government for carbon footprinting.