Energy Efficiency Loan
Being more energy efficient makes sound economic sense because using less energy lowers operating costs. From an environmental perspective, it's an effective way for business to cut carbon emissions and, in turn, combat climate change.
The Carbon Trust is offering interest free loans to help you replace or upgrade your existing equipment with a more energy efficient version.
Who can apply?
Small or medium-sized enterprises (SMEs) that have been trading for at least 12 months, and larger companies that do not fall under the Carbon Reduction Commitment, could borrow from £3,000 to £500,000. It is unsecured, interest free and repayable over a period of up to 4 years. There are no arrangement fees and applying is straightforward.
Businesses active in the following Sectors are not eligible for to apply for an Energy-Efficiency loan due to restrictions on de minimis State aid:
- 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 cannot 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.
In addition the Carbon Trust does not currently provide loans to enhance the energy efficiency of vehicles.
NB: From 1 February 2010, the Agricultural Sector WILL be eligible to apply for funding to upgrade their equipment.
Who do I contact?
For further information and guidance on how to apply, contact:
The Carbon Trust
8th Floor
3 Clement's Inn
London
WC2A 2AZ
Tel: 0800 085 2005
Email: customercentre@carbontrust.co.uk