Wolf Passive Homes

Technology

Future Building

0% Business Loans on Carbon Savings

As a registered Carbon Trust loans supplier, Wolf Passive Homes can guide you through the process of assessing, installing and funding new energy saving equipment for your project.

Borrow £3,000 to £100,000 at 0% interest
0% business loans of £3,000 - £100,000 are available from the Carbon Trust to help organisations finance and invest in energy saving projects.

Why a 0% business loan makes business sense:
New, more efficient equipment will lower energy bills while, the loan repayments are calculated to be offset by the energy savings and therefore, the loan is designed to pay for itself. 


Key Benefits

* 0% business loans support the purchase & installation of energy saving equipment
* loans are government funded and unsecured
* The loans scheme is designed for the anticipated energy savings, to offset the loan repayments… which means the equipment pays for itself while you continue to make savings year on year
* The loan amount is dependant on the C02 savings
* You’ll receive a conditional offer within 24 hours
* A straightforward and fast application process with no arrangement fees takes less than 10 days
* Loans can be repaid over a period of up to 4 years

How much can be borrowed?
Business loans are available from £3,000 - £100,000. The size of the loan offered and its repayment period will be based on the projected CO2 savings of a project, which will be assessed by the Carbon Trust.
Farmers in England can apply for a loan of between £3,000 and £20,000.

Multiple loans are available, up to the maximum loan amount of £100,000.

Which projects qualify?
We can give £1,000 of loan for every 2.5t of CO2 saved per annum for a project.
Many types of project will be considered, provided they meet the on-site fossil fuel saving requirement. Examples of just some of the projects that could qualify include the following:

 

Building Technologies

Industrial Process Technologies

Air conditioning

Compressed air fittings

Heating

Motors

Heating controls

Materials handling equipment

Building insulation

Power factor correction

Heat recovery

Process heating

Lighting

Process controls

Pipe insulation

Refrigeration

Solar thermal systems

Variable speed drives

There are many more types of projects that will be considered for a loan, including renewables. Each project will be assessed on its potential to deliver real energy savings, and we will also need to carry out a credit check.

If you are unsure about whether your project will qualify give us a call 0845 519 2065.

 

What is a Carbon Survey?

If you don't have a specific upgrade in mind, we can arrange for a free carbon survey of your site to assess the potential for energy savings.

Each survey is conducted by an independent accredited consultant and produces a practical action plan tailored to your organisation's needs.

Our surveys have helped businesses identify potential cost savings of £170m and over 1.3mt of carbon dioxide emissions since 2005. Once you have requested a survey, an accredited independent consultant will visit your organisation and work with you to:

*Review your energy usage

*Identify energy-saving opportunities

*Define practical ‘next steps’

*Assist with practical implementation support
 

Some recommendations will involve no capital outlay whatsoever. Where capital expenditure is necessary, our consultant will work with you to calculate the payback period.


Eligiable Companies

How can I check if the equipment I want to install qualifies for a loan?

Because the Loans scheme deals with energy-saving projects rather than equipment, the answer depends on the specific circumstances of your energy usage and processes. To qualify for a loan, the projected cost of energy used after completion of the proposed project must show a significant reduction when compared to your existing energy bill.

Are renewable projects included?

Yes, depending on the specific project. Qualifying for an Energy-Efficiency Loan depends upon the amount of energy you will save on site following completion of the proposed project. Therefore if your energy saving project features renewable technology and meets the on-site cost and energy saving criteria, it will qualify.

Carbon Trust 0% business loans are available to organisations who fulfil the following criteria:

*Private sector organisations can apply for a loan. Public sector organisations are not eligible for loans
*Trading for at least 12 months
*All Small or Medium-sized Enterprises (SME)
*All businesses in Wales can apply for a loan

The EU definition of an SME is an organisation with:
Fewer than 250 full time or equivalent employees
An annual turnover not exceeding €50m (approximately £42.5m) and / or assets not exceeding €43m (approximately £36.5m)
No controlling interest of more than 25% by a non-SME

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