Finance available for LED Retrofit / Installation
Energy Efficiency Financing
Investment in energy efficient equipment makes sound business and environmental sense, especially with the Energy Efficiency Financing scheme provided by the Carbon Trust and Siemens Financial Services.
Carbon Trust Implementation Services and Siemens Financial Services have combined forces, and together are offering financing options to all types of organisations, who have been trading for more than 36 months and are seeking to reduce their own energy use. New, more efficient equipment should lower energy bills and with financing payments calculated so that they can be offset by anticipated energy savings, the financing option is designed to pay for itself. The independent carbon saving assessment is undertaken by Carbon Trust Implementation Services while the financing is provided by Siemens Financial Services.
Improving Your Resource Efficiency (IYRE)
Dorset LED is working with the IYRE programme – provided by Business West”.
IYRE is an EU funded programme, free to eligible organisations, which provides advice on reducing your environmental impact. IYRE environmental advisers support businesses by conducting on-site environmental surveys, which potentially could lead to funding towards carbon reduction projects
For more information on this programme, please download the leafletIYRE Official Leaflet
LED & Leading Solutions
GSM Finance, backed by over thirty financial institutions, have developed expertise in this market which enables us to bring together customers, suppliers and commercial lenders. We are able to fund LED across the board, from small projects from £10,000 to large installations totalling many millions of pounds. Each funding solution geared to achieving the best ROI with neutral cost, and leaving the assets insitu to achieve savings in future years.Download the GSM whitepaper on leasing finance for LED
Low Carbon Trust
Low Carbon Trust is a not-for-profit organisation that was formed in 2001 to set up, manage and promote environmental projects. Our main objective is tackling climate change through highlighting the connection between buildings and the carbon emissions their use produces.
Enhanced Capital Allowances
100 per cent first-year Enhanced Capital Allowances (ECA) allow the full cost of an investment in designated energy-saving plant and machinery to be written off against the taxable profits of the period in which the investment is made.
White LED Lighting is now on the Government’s Energy Technology List, so these LED replacement products qualify for Enhanced Capital Allowances, enabling companies to write off this capital expenditure in the first year.
The Salix Energy Efficiency Loans Scheme (SEELS 4)
The Scheme allows public sector bodies to apply for an interest free loan to finance up to 100% of the costs of energy saving projects meeting the criteria set out on the SALIX website. Loan repayments will commence from the start of March 2013 continuing over 4 years by 8 equal instalments with the final payment September 2016.