“PSDS is a great opportunity for public sector organisations to make significant strides on their decarbonisation journeys, and we’re delighted to have helped secure a significant amount of funding on behalf of our clients. We’ll be installing a range of energy conservation measures from insulation and BMS upgrades, to LED lighting, and renewable technologies such as heat pumps and solar. Not only will the implementation of renewable energy schemes deliver a significant reduction in carbon, they will also deliver substantial financial savings - the money saved on energy bills can be reinjected, to enhance the patient experience within hospitals, for example.”
Business and Energy Minister, Lord Callanan, said:
“Using cleaner technology to heat our civic buildings is helping to shield public sector organisations from costly fossil fuels, especially at a time of high global prices. This funding will bring significant savings for taxpayers of well over half a billion pounds each year by making public buildings cheaper to run, heat and cool, whilst supporting economic growth and jobs across the country.”
The next round of applications to the scheme - Phase 3b – are expected to open in September this year.
Vital Energi has a proven track record securing PSDS funding for new and existing public sector clients and is engaged in the delivery of over £200m of carbon reduction projects in the public sector through the support of the PSDS funding initiative.
“Early engagement from an energy services specialist like Vital to develop a range of projects suitable for funding under this kind of initiative, and being in a position to make a successful application at the earliest opportunity, is very important,” said Ashley Malin.
“Having a delivery partner is an essential factor in the evaluation carried out by Salix Finance. From the projects we’ve been involved in, public bodies who can demonstrate that their projects are well developed and they have a partner in place to deliver the project on time and within budget, with a recognised route through procurement, are more likely to be successful in securing PSDS funding.”
With PSDS Phase 3b fast approaching, please contact us for further information or to discuss a project you have in mind.