Typically, we provide funding of around £250,000, and in some cases as high as £500,000. This is matched by you and fed into a ring-fenced fund to be spent on proven energy saving projects with a payback of less than five years and that also meet the other compliancy requirements.
The energy savings are returned to the fund until the original project investment is repaid. After that, you are free to keep the savings to spend on front-line services.
The fund itself can stay in place, and as long as sufficient compliant projects continue to come forward, we will not normally ask for our original investment to be returned.
Salix Finance Ltd is a not for profit company limited by guarantee and registered in
England and Wales
under Company
number
5068355
with its Registered Office at 65 Kingsway, London WC2B 6TD