Lincoln College Group making substantial saving through LED lighting upgrade
The college group used £704,849 of Salix interest free funding to replace 7,000 inefficient light fittings throughout their estate, resulting in significant carbon and financial savings.
The major lighting upgrades were carried out in 23 buildings across the College Group’s 3 campuses. In addition to the estimated carbon savings of over 605 tonnes* per annum, the projects will also save over £165,000 annually in energy bills and greatly improve the working environment for both staff and students. The college group is able to repay the interest free loan in less than five years using the financial savings generated.
Rachel Newton, Group Head of Infrastructure, Facilities and Estates at Lincoln College Group said; “One of the main benefits of this project has been the significant energy and carbon savings. Outside of the financial, carbon and reduction in electricity usage, we are also benefitting from improved lighting levels within teaching spaces and corridors, creating a lighter and brighter teaching environment for students and staff”.
A case study on Lincoln College Group can be found here.
Funding is available on an on-going basis. To learn more about Salix funding, including how to apply, click here. Alternatively, to arrange a meeting please contact Francesca Edmonds at Francesca.firstname.lastname@example.org
Members of the Salix Further Education team will also be attending the Salix CPD accredited CHP workshops (next one taking place on Friday 24th November at the University of Birmingham.) Please find further dates and an agenda here.
If you are attending the event and would like to have a meeting to discuss energy efficiency projects, please contact Emma.Lawes@salixfinance.co.uk to arrange the best time.
*Calculated using emissions factors published by government in 2017 for carbon footprinting purposes