School Energy Efficiency Loan Fund

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 will 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.

  • 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 not be waived in exceptional circumstances
  • 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

Further Information and Documentation


Opportunity

Published: 21/10/2014
Audience: All school head teachers, business and facility managers
Contact: Darren Starkey

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