Salix enables public sector organisations across England, Scotland, Wales and Northern Ireland to take a lead in tackling climate change by increasing their energy efficiency. Salix provides 100% interest-free capital for the public sector to reduce their energy costs by enabling the installation of modern, energy efficient technologies and replacing dated, inefficient technologies.
Energy efficient technology cuts carbon emissions and reduces energy bills. However, upfront capital is a common barrier for public sector organisations seeking solutions that cut their energy consumption. Salix, a not-for-profit organisation funded by Business, Energy and Industrial Strategy, the Department for Education, the Welsh Government, the Scottish Government and Higher Education Funding Council for England, removes this barrier by making this capital accessible to the public sector.
As of March 2020, Salix has funded over 18,700 projects with over 2,700 public sector bodies, valued at £970 million. This is estimated to save the public sector over £203 million and reduce public sector carbon dioxide emissions by 867,000 tonnes annually.
There are two types of Salix funding programmes available. The first is the Salix Energy Efficient Loans Scheme – as an example: a school borrows £10,000 to put in new lighting and a new boiler which will save the school £2,000 per annum from reduced gas and electricity usage. For the first five years these savings are used to pay back the interest-free loan. Once the loan is repaid, the continued savings enable the school to use the capital for other budgets, such as the purchase of equipment.
The second programme available is the Recycling Fund, which is a ring-fenced fund managed by the public sector organisation, with money provided by the organisation and match funded by Salix. The project loan is repaid into the fund from the financial savings delivered by the projects – this allows the fund to be continually used for energy efficiency projects, hence the term ‘Recycling Fund’. At the same time the organisation continues to benefit from the savings that accumulate once the project has been fully repaid.
Salix also facilitates knowledge sharing through quarterly regional meetings, technical workshops and project case studies. There is an extensive knowledge and enthusiasm for energy efficiency within the public sector, and enabling the sharing of this knowledge between organisations helps support our clients in delivering long term, cost effective savings.
Over 120 technology types are supported by the funding programmes, some of which include building energy management systems, cavity wall insulation, combined heat and power systems, evaporative cooling, heat recovery systems, LED lighting, lighting controls, loft insulation, pipework insulation, server virtualisation, T5 lighting and Variable speed drives.
Salix funding includes all public sector organisations and across their whole estates, including schools, higher and further educational institutions, emergency services, hospitals, leisure centres, local authorities, the NHS. There has been a focus to commit more resources to increasing energy efficiency and driving down energy costs, which Salix aim to address and assist the public sector in doing.
- ADEPT Green Finance Toolkit available
- ADEPT Green Finance Toolkit available | 12th June 2020
- Salix Colleges Workshops – Dates Announced
- We are pleased to announce that Salix will be hosting another round of College Workshops in 2019! | 29th October 2019
- New multi-million-pound programme launched to help Scottish universities reduce their carbon footprint
- The Scottish Funding Council, supported by Salix Finance, is launching a £19m programme aimed at boosting investment in energy efficiency across Scotland’s higher education institutions. | 9th July 2019
- Kent County Council set to save 67% on annual electricity bill thanks to greener street lighting upgrade
- The council is set to save millions each year on its energy bills, following the ambitious lighting upgrade programme. The county will see all street lighting units replaced with more modern alternatives, in addition to the installation of a Central Management System (CMS). | 1st May 2019
- Best of British – Salix Finance
- Salix is extremely excited and proud to be selected by the Telegraph, as a small business delivering jobs, growth and prosperity for people across the UK in their Best of British series. | 5th December 2018
- Annie Shepperd OBE wins Leader of the Year!
- The annual Investors in People Awards was held at the Roundhouse in Camden last night. The awards recognise industries which genuinely invest in their people to achieve exceptional and long-lasting results for their company. | 29th November 2018
- Salix hosted Climate Change and Sustainability Lecture
- On 25th September 2018, Salix took part in City Giving Day, an annual event that unites the City’s companies through clarity and community partnerships. | 1st October 2018
- Salix Finance announces dates and locations for 2018 Colleges workshops
- Salix Finance are pleased to announce the dates and venues for the 2018 Colleges workshops. The workshops will run from late October to November at locations across England. | 24th September 2018
- Salix Regional Meetings – September and October 2018
- Each year, Salix offer free regional meetings for the public sector to share knowledge, ideas and case study examples. | 21st August 2018
- Over £19 million of BEMS and building controls projects financed across the UK public sector
- Salix will be running workshops on BEMS and building controls for the public sector later this year in May and June. These will be an opportunity to learn more about best practise for the design and operation of these systems, as well as how Salix funding can be utilised to help with the upfront costs of installation. | 13th March 2018
Latest Case Studies
- Salix Funding Energy Efficiency in Scotland
- Salix Funding Energy Efficiency in Scotland | 6th November 2017
- Whitstone Academy wanted to replace their costly and inefficient oil boilers with a more reliable and efficient gas condensing heating system.
- Whitstone Academy wanted to replace their costly and inefficient oil boilers with a more reliable and efficient gas condensing heating system. | 6th November 2017
- Harrogate Grammar School was looking to improve the learning environment of the school, as well as drive down energy costs and cut carbon emissions
- Harrogate Grammar School was looking to improve the learning environment of the school, as well as drive down energy costs and cut carbon emissions | 6th November 2017
- Bedford Hall Methodist School is a primary academy in Wigan with 246 pupils and is part of the Acorn Trust
- Bedford Hall Methodist School is a primary academy in Wigan with 246 pupils and is part of the Acorn Trust | 6th November 2017
- Our Lady and St George’s is a voluntary aided maintained primary school in Walthamstow
- Our Lady and St George’s Catholic Primary School wanted to replace their costly and inefficient internal lights with more reliable, efficient LED lighting and install PIR controls | 6th November 2017
- How to fund energy efficiency upgrades in your school
- Salix launched a Schools programme in 2012 funded by the Department for Education, providing 100% interest-free loans for schools in England | 6th November 2017
- Imperial College Healthcare NHS Trust
- Imperial College Healthcare NHS Trust | 3rd November 2017
- Northern Devon Healthcare NHS Trust used Salix 100% interest-free funding of over £2.8 million
- Northern Devon Healthcare NHS Trust used Salix 100% interest-free funding of over £2.8 million | 3rd November 2017
- Salix Finance working within Further Education Colleges
- Salix Finance working within Further Education Colleges | 3rd November 2017
- The University of Liverpool used interest free funding from Salix Finance to install Combined Heat & Power engines in their old boiler house
- The University of Liverpool used interest free funding from Salix Finance to install Combined Heat & Power engines in their old boiler house | 3rd November 2017
- Energy Performance Contracting group (EPCg)
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