School Energy Efficiency Loan Scheme

School Energy Efficiency Loan Scheme

School Energy Efficiency Loan Scheme

The School Energy Efficiency Loan scheme has been set up to help schools install energy efficiency measures and renewable technologies to help reduce your schools energy consumption.  

Education Client Services has teamed up with Bradford Councils Schools Forum, Schools Finance Team, Environment and Climate Change Unit and Building & Technical Services to offer Bradford schools this great opportunity to obtain a loan to fund. Energy efficient initiatives that can reduce energy consumption, help save the environment and save your school money.

A revolving loan fund is being made available to fund a range of energy saving measures such as insulation, lighting and renewable energy including electricity generating solar panels.  These wil be installed by a qualified team from Bradford Councils Building & Technical Services.

Many schools are in need of energy saving measures but until now have not been able to fund the cost of installing them in the short term. So whether you’ve been thinking about insulation or solar panels, now’s your chance to make it happen.

Terms of the Loan:

  • The maximum loan would be £30,000
  • This must all be paid back within 3 - 5 years
  • Schools are expected to contribute 50% of the overall cost which may be waived in exceptional circumstances e.g solar panel installation
  • All loans must be used for the installation of the energy saving measures
  • Loan repayments will include a small amount of interest  (currently less than 1%), but this could change as bank interest rates rise

 

Benefits of the Scheme

In the long term the energy saving measures will;

  • Save money on utility bills
  • Reduce energy consumption
  • Generate an income (renewable energy only)
  • Reduce greenhouse gas emissions
  • Teach pupils about energy efficiency
  • Assist your school to become more sustainable & eco friendly
  • Assists achievements such as Eco Schools Awards 

 

Registering Your Interest

If you are interested in applying for the loan or finding out more information please e-mail Darren Starkey on darren.starkey@bradford.gov.uk

Next Steps

  1. To find out what energy efficiency measures would best suit your school an energy audit will be carried out by the ECCU. 
  2. Recommendations from this report will determine the measures most suitable for your school and will form the basis for any potential loan agreement.
  3. You will need to complete the Capital Business Case document with support from the Education Client Services (ECS). 
  4. If the Business Case is approved the school will be asked to sign a contract and installation will be instructed by the ECS and loan repayment arranged with the School Funding Team.

Document Templates

Click on the links below to see the documents relating to the Energy Efficiency Loan Fund.

  1. Introductory Letter from Chief Executive
  2. Summary of the School Energy Efficiency Loan Scheme
  3. Example Energy Audit
  4. Energy Scheme Flow Chart
  5. School Capital Business Case Template
  6. Solar Loan Calculator
  7. Capital Loans Protocol
  8. Legal Loan Agreement

 

Run on Sun

Run on Sun is Friends of the Earth's campaign to make it easy for schools to run on solar power. Friends of the Earth have been championing the work Bradford Council has been doing to fund solar panels. 

The Run on Sun website provides lots of information about school solar panels, solar educational activities and also features Saltaire Primary School as an example of a solar school

Visit their website at www.foe.co.uk/page/about-run-on-sun

 

 

 

Further information and advice about energy saving, Eco Schools and Curriculum Support is available on the Energy and Climate Change Unit pages


Page owned by Darren Starkey, last updated on 03/01/2017. This page has been viewed 3,226 times.