24th September, 2009 8:08pmInterest free business loans from the Carbon Trust
0% business loans fight high energy bills – and climate change
Energy-guzzling heating, air conditioning and plant equipment could be draining your business of vital profits. To help businesses upgrade to more efficient equipment and cut energy bills, the Carbon Trust is offering 0% loans of up to £400,000.
No security is required for the interest free business loans – and the loans scheme is designed so that energy savings cover monthly repayments. What’s more, the new equipment may also qualify for 100% first year tax relief.
Thousands of companies have now taken advantage of the interest free loans. One company, Precision Engineering Plastics, has taken three consecutive loans totalling £67,685 and is now saving over £26,000 a year in energy costs.
More information is available at www.carbontrust.co.uk/loans
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Energy from Waste
Work is progressing on the selection of a contractor to deliver the technology for Lincolnshire’s first Energy from Waste facility to be located in North Hykeham, to the south of Lincoln.
The facility will be designed and built to a very high standard providing a major energy efficiency boost to Lincolnshire’s economy. The design will ensure the facility is a 'good neighbour' to all in its locality.
Key facts and figures about the facility:
• Designed to treat approximately 150,000 tonnes of waste a year
• £110 million construction cost
• Plans include a visitor centre
• Between 20 and 40 jobs created
• Will be operational 24 hours a day
• Will produce 10 megajoules (MJ) of heat for local use
• Will generate 15 megawatts (MW) of electricity for sale to National Grid
Key next steps:
• Planning application submitted October 2009
• Planning consent in 2009
• Waste Management Company selected 2010
• Construction starts 2011
• EfW facility operational 2013
For more information:
Email: tacklingwaste@lincolnshire.gov.uk
Web: www.lincolnshire.gov.uk/energyfromwaste
Tel: 01522 782070
