On 17th March 2021, Salix announced Phase 2 of the Public Sector Decarbonisation Scheme (PSDS). However, this is not a simple extension of the previous scheme. The eligibility and assessment criteria are significantly different to Phase 1. Applications open on 7th April.
What is it?
What are the timescales?
What’s different from Phase 1?
What’s the same?
Can we bid for other energy saving measures?
The results of the PSDS Phase 1 make interesting reading. Nearly 90% of the total fund was allocated to Local Authorities and NHS. Many of these organisations have been granted extensions to September to deliver their projects.
£31 million was allocated to the schools/academies sector. At Barker we supported our clients in securing over £10million of this.
What do we do next?
In summary, there appears to be an opportunity to leverage the information gathered during the LCSF/PSDS process to make some further targeted applications, however careful consideration will need to be given to identifying suitable projects and looking at the match-funding elements which significantly shift the commercial proposition.
If so, we may be able to assist in building a new bid around this. It will be necessary to obtain costs for replacement as well as alternative low-carbon solutions and calculate the potential carbon savings. We will also look at the whole building/site to ascertain what complementary technologies could be bundled with the heating replacement scheme.
If you would like to discuss your project, please contact us.