New Energy Efficiency Funding Round for Schools in England
Salix, in partnership with the Department for Education (DfE), works to reduce energy usage in individual academies, sixth form colleges, free schools, and Multi-Academy Trusts (MATs) across England. Through the installation of energy-efficient technologies, academies can lower energy bills and create a more comfortable learning environment.
The benefits of the Salix Energy Efficiency Fund (SEEF) are:
Reduce energy bills
Improve the learning environment for both staff and pupils
No upfront cost – the interest-free funding is paid and repaid to the DfE based upon the predicted energy savings
SEEF repayments returning to the DfE are recycled to fund further projects in the public-sector.
Salix Energy Efficiency Funding is available for all individual academies, academy sixth forms, free schools, and those in Multi-Academy Trusts (MATs).
The maximum loan value is £200,000, applications can be part-funded if they exceed this value. The minimum loan value is £8,000.
The loan value must not exceed an 8 year payback.
Projects must cost no more than £222 per tonne/CO2e.
The deadline for applications is 11 January 2021.
More information about this funding opportunity and the application process is available on the GRANTfinder funding information platform. GRANTfinder provides up-to-the minute content, insight and analysis on funding news and policy. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.