Funded by the Department for Education, Salix launched a Schools Programme in 2012 providing 100% interest-free loans specifically for maintained schools in England. Throughout the Schools Programme we have worked closely with the Department for Education, the Education Funding Agency, Local Authorities and individual schools to ensure energy efficiency is being improved within schools in England.
In August 2015 the DfE revised their guidance in their Schemes for Financing Schools document to mention that the Secretary of State has given approval for schools to borrow from Salix. The revision to the finance guide includes the following wording on page 4:
3.6: Clarification that borrowing includes the use of finance leases and is not allowable, with the exception of certain schemes approved by the Secretary of State. Currently only Salix loans have such approval.
The Schools programme has an extended compliance criteria compared to other Salix programmes of an 8 year payback and £200/tCO2 lifetime for energy efficiency projects. This compliance criteria will enable many eligible schools to use Salix funding to install the best possible energy efficiency technologies in their estates. Please note, schools need to be able to repay the funding via direct debit and should ensure that they have permission from their Local Authority before they apply.
There is still funding available for energy efficiency projects in maintained schools, this includes VA and VC schools and applications are currently being accepted.
Salix have also developed some guidance on Sports Hall lighting and would encourage any schools considering upgrading their sports hall lighting to read this document.
If you are ready to apply, please click on the link on the right hand side to complete an application through our new online application system. If you need any further information, please do not hesitate to contact us via email at firstname.lastname@example.org.
|Hannah Taylor||0203 102 email@example.com|
0203 102 6906
|Client Support Officers|
|Jennifer Roberts||0203 102 firstname.lastname@example.org|
The DfE provide guidance on procurement and buying for Schools and Academies. Schools and Academies must apply the basic rules of procurement whenever they spend public money. These rules look to make sure that public funds are spent openly and fairly, and make the most of every budget, while protecting against legal challenges, financial penalties and damage to a school or academy's reputation.
The below video is a short film which demonstrates some of the schools which have already benefited from Salix funding.