Energy Resilience Fund

The Energy Resilience Fund is finance to enable community and social enterprises to retrofit energy generating/saving technology on community owned or managed buildings, with an initial focus on stabilising or reducing energy costs.

Fund Offer:

  • Investment amounts from £10,000 to £150,000.
  • Up to 40% of total available as grant, where justifiable to support cost stabilisation or reduction.
  • Energy Audit Grants available between £500 and £2,500 where these have not been completed.
  • Minimum Term 12 months, Maximum Term 7 years.
  • Interest Rate – 6.5% flat.
  • Arrangement Fee – 1%.
  • Security – mainly unsecured.

Eligibility:

  • Own your building or have a significant lease (12 years or more).
  • Be an incorporated entity and not-for-profit.
  • Been declined by a bank.
  • Be a social enterprise.
  • Have clear social aims and objectives.
  • Based in England.

Blended grant and loan funding is available. There are two funding application stages:

  • First stage – energy audit grants of up to £2,500 are available.
  • Second stage – funding of £10,000 to £150,000 is available via a blend of grants (40%) and loans (60%).

The loan repayment term is twelve months to seven years. Loans have a 1% arrangement fee and headline interest rate of 6.5%.

Applications can be made at any time.

Contact details to find our more are online here

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