UK businesses wishing to implement more energy-efficient, greener technology but who are experiencing difficulty securing finance, can now turn to the Energy Efficiency Financing (EEF) scheme, jointly launched by the Carbon Trust and Siemens in April this year. The initiative makes £550 million available to organisations of all sizes to finance investments in green equipment over the next three years.
By matching monthly payments to real expected monthly energy cost savings, the new equipment investment can be effectively zero cost and firms can often be cash positive from day one of the arrangement. The scheme finances investment for values as little as £1,000 through to many hundreds of thousands of pounds, over a wide spectrum of energy efficiency and renewable solutions, ranging from solar photovoltaic, lighting and heating to industrial motors and much more.