Salix Programmes - Information on the funding streams operated by Salix

Tags: finance | funding

Salix has public funding from The Department for Energy and Climate Change, The Welsh Assembly Government and The Scottish Government via The Carbon Trust.

1. A recycling fund, whereby a public sector body is given match funding for a number of projects. The client can continue to recycle energy savings returned to the fund into more projects, always maintaining the value of the fund at a constant level.  Money is returned to Salix only when no more suitable projects can be found.  Please note that this fund is now fully committed.  More information.

2. Loans targeted at specific projects, which when completed repay their costs to Salix from the energy savings. More information.

Once fully committed, these funded programmes should deliver over £750m of energy bill savings and save nearly 4.5m tonnes of CO2 over their lifetime.