Energy Resilience Fund (Grant & Loan)

The Energy Resilience Fund (ERF) provides a blended funding package of loan (60%) and grant (40%) to bolster the energy resilience of eligible charities and social enterprises in England. 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.

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.

Am I eligible?

• 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*.
• Based in England and serving communities primarily within England.
• Constituted for social benefit and improving people's lives or the environments they live in.
• A minimum of 2 years' operating activity.
• A minimum turnover of £100k in your last set of end of year accounts.
• Fewer than 250 employees and either an annual turnover not exceeding £40m or an annual balance sheet total not exceeding £35m.
• Unable to access mainstream bank lending for this purpose.
• Not subject to any insolvency proceedings.
• Have a viable borrowing proposal.
• 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
• This application and the taking on of loan finance is supported by your senior decision makers.
• 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.

For more information, visit - https://www.sibgroup.org.uk/funds/energy-resilience-fund/