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100% INTEREST FREE ENERGY EFFICIENCY LOANS

100% INTEREST FREE ENERGY EFFICIENCY LOANS. Interest Free Financing of Public Sector Energy Efficiency P rojects with Salix Paul Smyth 20 th November 2013. Who we are. Independent , publicly funded, not-for-profit company

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100% INTEREST FREE ENERGY EFFICIENCY LOANS

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  1. 100% INTERESTFREEENERGY EFFICIENCY LOANS Interest Free Financing of Public Sector Energy Efficiency Projects with Salix Paul Smyth 20th November 2013

  2. Who we are • 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

  3. Salix Focus Offsetting 4 Salix focus – capital investment to reduce energy & save carbon Onsite Renewable Energy 3 Efficient conversion –Installing energy efficient technology 2 Minimise wasted energy – Controls and awareness raising 1

  4. Total Salix client funding in 2012/13 Local Authorities – 42% Education Establishment – 50% NHS Trusts – 6% Other Clients* – 2% Approximate sector split based on 2012/13 data *Other clients consists of: Fire Services, Police Authorities and Passenger Transport Authorities

  5. 2012/13 Salix top 5 project types A summary of Recycling Fund & SEELS5 projects Number of projects funded Value of projects funded Street lighting – £7.2m LED lighting – £5.2m Lighting upgrades – £3.2m BEMS – £1.2m Boiler replacement – £1.2m LED lighting – 295 Lighting upgrades – 211 Heating pipework insulation – 120 BEMS – 72 Lighting controls – 69 Data as of year end 2012/13

  6. Salix Funded Internal Lighting Upgrades

  7. Bristol City CouncilClient Case Study 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. • 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

  8. Bristol City CouncilClient Case Study 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. • 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

  9. 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 What’s New

  10. Our contact details

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