Fundraising News: Grant Loans and Advice to Tackle Energy Cost
The Energy Resilience Fund (ERF) provides a blended funding package of loan (60%) and grant (40%) to support the energy resilience of eligible charities and social enterprises in England.
The Fund is the successor to the pilot Energy Resilience Fund managed by Key Fund.
Who is it for?
Charities and social enterprises based in and delivering impact in England, who are looking to improve their energy resilience. This could be for many different reasons, for example reduced carbon emissions, energy cost savings, upgrading energy efficiency ratings to meet future regulations, increased use or comfort of buildings, replacing older vehicles and equipment with modern energy efficient versions.
Eligibility requirements include….
- Looking to install energy saving measures or generation technology to buildings/ land (including new builds), and/ or to purchase energy efficient or environmentally friendly vehicles or equipment.
- Incorporated voluntary, community or social enterprise organisation.
- A minimum of 2 years’ operating activity.
- A minimum turnover of £100k in your last set of end of year accounts.
- Unable to access mainstream bank lending for this purpose.
- Freehold ownership or a suitable written lease agreement with a minimum of 12 years remaining on it if you are applying to install energy saving/ generating measures to buildings/ land.
Along with a grant and loan, you could receive a free Energy Assessment if you don’t yet have one.
https://www.sibgroup.org.uk/funds/energy-resilience-fund/
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