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Energy Efficiency Loans from the Carbon Trust

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... in 2001 as part of the UK Climate Change Programme to deliver public policy ... Export Related sector - if the loan will support export related activities and ... – PowerPoint PPT presentation

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Title: Energy Efficiency Loans from the Carbon Trust


1
Energy Efficiency Loans from the Carbon Trust
2
The Carbon Trust is about making business sense
of climate change
Set up by Government in 2001 as part of the UK
Climate Change Programme to deliver public policy
goals using private sector skills and drive. Our
mission is to accelerate the transition to a low
carbon economy by helping organisations reduce
their carbon emissions and develop commercial low
carbon technologies The Carbon Trust will take
the lead on low carbon technology and innovation
in this country and put Britain in the lead
internationally The
Prime Minister, October 2000
3
Interest Free Loans from Carbon Trust
  • Available to SMEs
  • lt 250 employees
  • lt 35m (50m Euros) turnover
  • lt 30m (43m Euros) assets
  • max 25 non-SME controlling interest
  • Interest free loans of 5,000 to 100,000
    available for energy efficiency projects showing
    payback of less than 5 years
  • Loan repayable over maximum of 4 years

4
Interest Free Loans from Carbon Trust
  • Small and Medium Enterprises (SMEs) in England
    Wales
  • Providing they have
  • been trading for at least 12 months
  • an acceptable credit rating
  • Explanation of current exemptions to the
    Energy-Efficiency Loans Scheme
  • Agricultural sector any enterprise active in
    the primary production of agricultural products
    is generally excluded. However enterprises
    involved in the processing and marketing of
    agricultural produce are generally acceptable
    unless their business is preparing animal or
    plant produce for the first sale. Such
    enterprises would also be excluded if the benefit
    of the loan is passed on to primary producers.

5
Interest Free Loans from Carbon Trust
  • Export Related sector - if the loan will support
    export related activities and is directly linked
    to the quantities exported, to the establishment
    and operation of a distribution network, or to
    other current expenditure linked to the export
    activity.
  • Transport sector we can not provide loans to
    enterprises, whose core business is road freight
    transport, for the acquisition of transport
    vehicles.
  • Fisheries and Aquaculture sectors - we are
    generally unable to make loans to enterprises in
    these sectors.
  • Coal sector - enterprises active in this sector
    are not eligible

6
Interest Free Loans from Carbon Trust
  • Any energy saving project may qualify.
  • Full loan if payback lt5 years
  • If payback gt5 years
  • loan capped at 5 times the annual saving
  • Plus carbon threshold
  • The project must save gt0.7 tonnes per 1,000 of
    loan.
  • Payback based on
  • energy savings only
  • all project costs can be included

7
Interest Free Loans from Carbon Trust
  • Contact Details
  • Ewan Addison Supplier Account Manager North
  • Tel 07802 465 555
  • Mark Brewin Supplier Account Manager Midlands
  • Tel 07802 465 556
  • David Puttick Supplier Account Manager South
  • Tel 07802 465 557
  • Will Fellows Loan Supplier Marketing Manager
  • 020 7170 7180
  • 077 252 484 39
  • Will.fellows_at_carbontrust.co.uk
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