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The Energy Resilience Fund

The Energy Resilience Fund is a partnership funder programme offering payments of between £25,000 and £250,000, made up of a fixed amount of loan (60%) and grant (40%). The scheme has a loan repayment term of 1-10 years at a 8.5% fixed loan interest rate per annum on the loan balance. There is also a loan arrange fee of 2.5% of the loan value, which can be added to the balance of the loan.

The scheme is 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. 

Any funding awarded must be used to install energy saving measures or generation technology to buildings/land (including new builds), and/or purchase energy efficient or environmentally friendly vehicles or equipment. Applications to install energy saving/generating measures to a building or on land will need to be informed by an Independent Energy Assessment. The funding can also be used solely to enable other energy efficiency work to happen.

The funding can be used for such things as (please note that this is not an exclusive list):  

  • Battery storage systems.
  • Energy efficient/ environmentally friendly equipment e.g. catering or manufacturing equipment.
  • Energy efficient/saving lighting systems.
  • Electric vehicles (this can include battery electric vehicles, plug-in hybrid vehicles and hydrogen vehicles).
  • Glazing upgrades.
  • Heat pumps or other forms of energy efficient heating systems (including gas boiler upgrades).
  • Insulation installation/upgrades.
  • Low head hydro systems.
  • Small-scale wind turbines.
  • Solar PV panel systems, and/or
  • Solar water heating systems. 

The Fund can also cover a wide range of costs. This may include (but is not limited to): 

  • Building Management Systems (BMS) to optimise management of all energy efficiency technology and sensors.
  • Capital costs of the material/equipment itself.
  • Costs of project management.
  • Costs (within reason) for work directly required to enable the energy efficiency measures to be implemented.
  • Labour costs of the installation or changes to building fabric.
  • Project budget contingency.
  • Revenue losses (within reason) considered up to a maximum of 15% of the total funding (unless there are clear reasons for higher levels by exception) if the work will disrupt income for a period of time.
  • Training for building users in relation to energy use of the building, and
  • Training for staff in relation to building energy efficiency management. 

Applicants must meet the following criteria:

  • A minimum of 2 years’ operating activity.
  • A minimum turnover of £100k in your last set of end-of-year accounts.
  • Based in England and serving communities primarily within England.
  • Constituted for social benefit and improving people’s lives or the environments they live in.
  • Fewer than 250 employees and either an annual turnover not exceeding £40 million or an annual balance sheet total not exceeding £35 million.
  • 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.
  • Have a viable borrowing proposal.
  • Incorporated voluntary, community or social enterprise organisation. If registered as any other legal entity, it must have a social object, asset lock and restriction on profit distribution (must distribute less than 50% of post-tax profits) written into its governing documents.
  • 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.
  • Not be subject to any insolvency proceedings.
  • This application and the taking on of loan finance is supported by your senior decision makers.
  • Unable to access mainstream bank lending for this purpose.
  • The application and the taking on of loan finance is supported by the applicant’s senior decision makers, and
  • Vehicles/ equipment (any non-property related assets) should be intended to be purchased and owned by the applicant organisation and to therefore sit on the financial balance sheet of the applicant organisation

Applications may be made at any time via the application form available on the Social Investment Business website.

Further information, guidance and Frequently Asked Questions (FAQs) can be found on the Social Investment Business website.

Contact details for the Fund are:

The Energy Resilience Fund
Social Investment Business (SIB)
CAN Mezzanine
Borough
7-14 Great Dover Street
London
SE1 4YR
Tel: 020 4591 2400
Email: [email protected]

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