Interest-free Loans for Energy Saving Equipment

Published on Friday 26 Feb 2010 by All Hubs

From 1 February 2010, British farmers will be eligible for unsecured, interest-free loans for between £3,000 and £20,000 to help them upgrade to more energy-efficient equipment.

Examples of energy efficiency upgrades which the Carbon Trust loans will fund are:
    • Thermal screens, used in greenhouse horticulture, typically cost up to £20,000,  
          and can save over £10,000 / 100 tonnes of CO2 annually.
    • Milk cooling accounts for one third of the energy consumption of dairy farms. 
          New systems cost £3,000, and save up to £1,000 / 6 tonnes of CO2 a year.
    • Insulation used in field horticulture crop stores, typically costs around £17,000, 
          and saves up to £10,000 / 50 tonnes of CO2 a year. 
    • Upgrading heating and ventilation controls, in livestock farms, typically costs
          £3,000, and saves over £4,000 / 23 tonnes of CO2 a year.
    • Grain drying humidity controls, used in arable farming, typically costs £3,000, 
          and saves around £1,500 / 10 tonnes of CO2 a year.

For more information please visit: www.carbontrust.co.uk/loans