When Hyne Town House, a South Devon residential care home, wanted to lower its energy use, an energy efficiency loan helped.
The business case
After a Carbon Trust representative advised the home on what could be done to make it more energy efficient, a loan helped put the ideas into action. With a £12,500 loan, the home was able to install solar tubes to produce much of its hot water, as well as switching to energy efficient light bulbs.
It expects to save £4,800 a year, reducing its CO2 output by 31.2 tonnes.
Savings at a glance
- Business loan: £12,500
- Projected annual cost savings: £4,800
- Projected annual carbon savings: 32 tonnes
- Payback period: 3 years
Business loans from the Carbon Trust are a cost-effective way to replace or upgrade your existing equipment with a more energy efficient version.
Download Hyne Town House case study (PDF)