Financing

Energy Efficiency Funding with The Carbon Trust & Siemens

siemens

Energy Efficiency Funding is a £550m scheme launched in 2011 with The Carbon Trust to support the UK goal of lowering carbon emissions by 2050.

Siemens Financial Services offers funding which is available for all businesses, with an aim of helping customers to save money and reduce energy waste whilst also budgeting through affordable payments.

 

Benefits

• Save money, reduce energy waste and actively become greener.

• Affordable, flexible payments can be arranged with terms from 1 to 7 years as standard for solar PV.

• Payments are fixed; and are not subject to fluctuations in interest rates, meaning easier budgeting for the future.

• Fast and convenient application and installation.

• Siemens & The Carbon Trust are trusted partners means customers are in safe hands

• Wide scope of projects available for funding: multiple sites, many different qualifying projects etc.

• Enables flexibility to conserve existing working capital for other business projects.

• Any existing credit lines that customers may have with their bank remain intact, to be used in the future if necessary.

• You benefits from the FIT payments.

 

How it works

• Finance from Carbon Trust/Siemens 7-10 years.

• Financing from can be arranged for amounts from £1,000 upwards.

• VAT to be paid upfront in the form of a deposit (which can be claimed back).

• Fixed repayments with positive cash flow.

• Apr 7-8% / 4-5% flat interest rate approximately.

• The energy savings at least equal the monthly payments; the asset pays for itself.

 

Steps

1. Finance proposal form is completed.

2. A credit check is made and completed, along with an investigation into trading history. This is normally completed within 48 hours.

3. An Independent Energy Saving Assessment is completed by the Carbon Trust to approve the project.

4. The agreement is formalised.

5. An installation date is arranged.

6. Equipment is installed

7. Payments begin.

8. Reduced energy bills and a lower carbon footprint.

9. After 7 years, the asset has paid for itself.

 

To find out how MBL Solar can make your business greener please call us on 0845 689 1270 or alternatively click here to email us>