For Public Sector
Interest-free government loans available to the Public Sector
You can save up to
80%
off your energy bill… Fluorescent: Energy cost
Integral LED: Energy cost
£2,109 pa
£564 pa
Save £1,545 on energy per year!
…and finance the cost of products with the saving you make
Total savings based on 40 Back-lit LED Panels compared to an equivalent light fitting using fluorescent tubes (including ballast losses) running 12 hrs per day at 14p/kWh). Images for illustrative purposes only
ARE YOU:
• A public sector body (based in England, Scotland and Wales) who receives the majority of their income from the public sector? • Wanting to invest in an energy-saving project but currently don’t have sufficient finance?
Salix Finance offers interest-free loans that can cover up to 100% of the costs of energy saving projects such as insulation,
HVAC, water flow restrictions and, of course, LED
lighting – this applies to lamps and luminaires and covers cost of products, consultation, delivery and installation.
Salix loans are paid for by the savings provided by the energy-efficient technologies that they finance. Savings and repayments will be calculated at the beginning of the project and must be repaid within five years.
This essentially means the cost to your organisation is nothing, because money you would be paying to your electricity supplier will instead go towards repayment of your Salix loan. After the loan has been paid off, those savings go straight into your pocket.
Salix have published criteria for their loans that differs based on the type of public sector organisation applying. For up-to-date compliance tools visit www.salixfinance.co.uk/knowledge-share/compliance-tools To date, Salix has funded more than 14,000 projects to a value of more than £400 million.
Case Study – Northampton College Northampton College received a £20,000 loan to replace inefficient T8 tube lighting with energy-efficient LED fittings in the Cherry Building on their main campus. Source of Case Study: https://www.salixfinance.co.uk/knowledge-share/case-studies
Technical overview:
Salix indicators
Metal halide fitting T8 tubes replaced with LED Panels
Total loan value
£20,000
Annual £s energy savings
£4,458
Annual savings tonnes of CO2
22 tons
Annual £ repayment
£4,485
Project payback
4.4 years
128 x 32W Panels installed 2,220 operating hours per annum
What do I need to do? You should be in a position to be project ready and have clear costs and savings identified with all internal approval needed in place to proceed, but you cannot yet have funding in place. Once ready you can apply for Salix loans at www.salixfinance.co.uk/loans It’s a simple on-line application process, with project compliance tools available on the Salix website to download. For projects valued over £100,000 a business case template must be completed. After submission, application is assessed and a decision is typically made within two weeks. Certain criteria must be met. Be sure to thoroughly read Salix lending criteria and FAQs before applying.
The Integral difference Integral LED is an award-winning UK-based LED lighting manufacturer who work tirelessly toward one simple aim – developing the right LED products for the right application in terms of quality, function and reliability. Every Integral LED product is tested by specialist engineers in a state-of-the-art UK-based light lab to ensure all relevant standards are met or exceeded.
Unit 6 Iron Bridge Close
Tel: +44(0)208 451 8700
Iron Bridge Business Park
Fax:+44(0)208 459 6301
London, NW10 0UF
ledsales@integral-led.com
United Kingdom
www.integral-LED.com