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Empowering Public Sector Sustainability: Salix Finance's Mission

Discover how Salix Finance partners with the public sector to invest in energy efficiency and renewable technologies, helping reduce carbon emissions and cut energy bills. With a focus on providing funding, guidance, and support, Salix aims to drive action and success in sustainability initiatives. Learn more at www.salixfinance.co.uk.

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Empowering Public Sector Sustainability: Salix Finance's Mission

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  1. Alastair Keir, Director of Operations 18th April 2007 Our mission is to work with the public sector to reduce carbon emissions through investment in energy efficiency and renewable technologies.

  2. What can Salix do for you? • Salix can help your university cut energy bills and reduce carbon emissions. • We provide funding and focus for capital projects on a match funded basis

  3. Salix Finance – what do we do? We stimulate investment by establishing ring-fenced, interest-free funds matched by the public sector Our funds recycle savings back to the organisation Funding between £100k and £500k We insist on cost-effective projects with a high persistence and CO2 impact

  4. What value do we add to our clients? • We focus attention • Provides focus around which action can be driven • Makes energy management mainstream • Accumulates and protects small projects

  5. What value do we add to our clients? • We provide capital • Capital budgets are under pressure • Protects marginal energy efficiency spend • Frees up resources for front-line services

  6. What value do we add to our clients? • We provide advice and support • Sharing experience and benchmarking • Help with implementation e.g. tendering

  7. What value do we add to our clients? • We protect reputation • Tangible demonstration of action rather than words • Anticipate policy constraints e.g. EPC

  8. Case study - Retrolux car park lightingBristol City Council Salix Investment of £41,000 on Retrolux energy efficient lighting at Trenchard Street multi-story car park. Minimum expected annual saving of £19,000 and 95 tonnes of CO2. Lower maintenance costs and increased public safety.

  9. 25 Southampton Buildings, London WC2A 1AL t: 020 3043 8800 f: 020 3043 8799 info@salixfinance.co.uk www.salixfinance.co.uk

  10. Building fabric insulation Pipe insulation Boiler replacement Swimming pool covers Variable speed drives Energy management systems Lighting controls Heating controls Years 24.8 8.8 8.8 8.8 8.8 3.5 3.5 1.7 We fund cost effective energy efficiency projects with good persistence

  11. We are seeing strong demand across the public sector • Our target is to be working with 80-100 organisations by April 2008 and to deliver carbon savings of 0.1 million tonnes of carbon by 2010 • In our Local Authority Energy Financing pilot scheme, around 500 projects are running with a total value of £3.3m • Over the summer, we more than doubled our Local Authority programme from 19 to 45 • We have started a pilot with 8 Universities and 4 NHS Foundation Trusts • We are talking to several Government departments, including Defra and the MoD

  12. Salix Finance – our role Our role is to help public sector bodies reduce energy costs and carbon emissions and show leadership in tackling climate change by providing funding We are an independent not-for-profit company set up by the Carbon Trust in 2004 We have Government funding of ~£20m over two years We are an integral part of the UK Climate Change Programme1 1 UK Climate Change Programme 2006

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