Do you qualify for an interest free Energy Efficiency Loan?

You can borrow from £5000.00 to £100,000.00 interest free, unsecured for up to 4 years, without arrangement fees. That means an immediate cost benefit from energy saving that won’t cost you anything extra!

An Energy-Efficiency Loan from the Carbon Trust can be used to fund energy saving projects such as the upgrading of chillers and process cooling systems. Each application assessed is based on the specific energy usage and processes involved.

The interest free Energy Efficiency Loan Scheme is a significant £10 million pound programme to encourage investment in energy efficiency, and is run by the Carbon Trust.

This independent, non-profit company set up by the Government, works with UK business and the public sectpr to cut carbon emissions through practical advice and support.

Energy efficiency, quite simply, makes economic sense. Companies find that even a modest investment in energy-saving projects can reduce power bills by 20%. Once the savings exceed the capital amount, they can go straight to the bottom line. This could happen in as little as 12 months.

Private sector small and medium sized enterprises (SME’s), with accounts showing a trading history of at least 12 months, and an acceptable credit rating.

A company is an SME if it has:

• Fewer than 250 employees

• Less than £25 million turnover - or

• Less than £17 million assets

Your project must show energy and carbon savings.

Projects must have an energy saving with a payback period of less than five years (subject to a “Carbon Saving Threshold”). We can help you calculate this, but for example, for the minimum loan payment of £5,000.00, the project would require a saving of at least £1000.00 a year.