Scottish Public Sector Energy Efficiency Loan Scheme
Open for applications
Open for applications:
We can offer loans to all Scottish public sector bodies which are subject to the Public Bodies Duties in the Climate Change (Scotland) Act 2009. This includes 32 local authorities, universities, and arms-length external organisations.
About this scheme
As part of the Scottish Green Public Sector Estate Decarbonisation Scheme, Salix will continue to offer funding to eligible public bodies in Scotland via the existing Scottish Public Sector Energy Efficiency Loan Scheme.
This scheme offers zero-interest loans to the public sector to facilitate energy efficiency improvement projects that result in financial and carbon savings and contribute towards achieving their net-zero aspirations.
Funded by the Scottish Government, we have been working with the public sector in Scotland since 2008. Together with our clients Salix has invested over £75 million in energy efficiency projects in Scotland to date, which is forecasted to save the public sector more than £202 million over the lifetime of the projects.
Project criteria in Scotland offer up to a 12-year payback at a cost of £305 per tonne of carbon dioxide (£305/tCO2) over the lifetime of the project on all new loan agreements.
The Scottish SEELS Loan Programme offers zero interest loans to the public sector to enable them to undertake energy efficiency improvement projects that help them incur financial and carbon savings that work towards achieving net zero carbon in their estates. The available funding allows Salix to offer up to 75% of the total compliant project value along with increased payback criteria (subject to technical review and due diligence).
- The loans offered are zero interest.
- The loan value can be up to 75% of the total project cost.
- Ongoing client and technical support on project delivery.
- Networking and knowledge sharing with other public sector peers.
- Subject to technical review and due diligence we can offer clients an increased payback criterion.
- This scheme can also be used to finance retrofit programmes from the Non Domestic Energy Efficiency framework (NDEE).
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