case study - Financial Services

Transcription

case study - Financial Services
CASE STUDY:
Dame Hannah Rogers Trust charts a sustainable
growth path with green measures
man,
Rodger Jack T
EN
M
P
DEVELO
HANNAHS
,
R
E
G
MANA
Ivybridge & Seale-Hayne, Devon
D
ame Hannah Rogers Trust,
also known as ‘Hannahs’,
is a pioneering charity that
has worked with, and
championed, disadvantaged
and vulnerable children, young
people and adults with a range
of disabilities for more than
230 years.
Working across two sites in Devon – at
Ivybridge, about 11 miles from Plymouth
and at Seale-Hayne on the outskirts
of Newton Abbot – Hannahs provides
learning, care and support to children
and adults with a range of disabilities.
In late 2009, Hannahs acquired the site
at Seale-Hayne to form an innovative
and ground-breaking community for
people with disabilities once they reach
adulthood. With an outdoor pursuits
centre, recording studios, sensory music
room, farm, gallery, bistro, workshops,
and vocational courses, Seale-Hayne
has been transformed into a place where
people of all abilities can learn, have fun
and reach their potential.
Following the acquisition of the site,
Hannahs was soon confronted by
substantial heating bills due to the many
large and poorly insulated buildings. In
particular, the old and inefficient boilers,
fuelled by oil, were the major energy
consumer. Recognising the growing
importance of energy efficiency both
from the environmental and financial
perspective, Hannahs wanted to
implement green measures to reduce
energy consumption and improve its
carbon footprint. Through its suppliers,
Cooks Energy, Hannahs was introduced
to the Energy Efficiency Financing (EEF)
scheme, a joint initiative between the
Carbon Trust and Siemens Financial
Services Limited (SFS). The scheme is
designed to provide finance for energyefficient equipment for businesses, where
the expected savings in energy costs
offset the monthly equipment finance
costs, effectively making the investment
zero net cost or even cash positive.
With EEF financing of circa £351,000,
Hannahs was able to invest in two
biomass boilers, as well as renewing all
underground electrical infrastructures
and installing a Building Management
System (BMS) - a computerised system
that controls and monitors the boilers
to efficiently maintain the desired
temperature in the three buildings which
they heat. By using sustainable wood
pellets as a source of fuel instead of
oil, Hannahs can enjoy an estimated
annual fuel saving of £13,750. Taking
Energy Efficiency Made Easy
For more information, please visit
www.energyefficiencyfinancing.co.uk or call 01753 434 476
Energy saving
assessment by
Financial Services
provided by
into account the total energy savings as
well as income from the Renewable Heat
Incentive (RHI), Hannahs is expected to
make a total net gain of £950,000 over 20
years on its undertakings.
Rodger Jackman, the Development
Manager at Hannahs, commented,
“Sustainability has been the key driver
for the installation of the biomass boilers.
For us, sustainability means more than
just energy saving, it encompasses how
you keep your business running in a
responsible and financially efficient way.
Many businesses are hesitant to invest
in energy efficiency because they feel
deterred by the large upfront capital
required. Without the help of the EEF
scheme, we would not have been able
to prioritise these green investments.
That would have meant a continuation of
significant heating bills, and hefty carbon
footprint. By leveraging the specialist
facility, we can now nearly halve our fuel
expenditure with the use of sustainable
wood pellets and reduce our carbon
emissions by up to 162 tonnes a year.
At Dame Hannah Rogers Trust we are
committed to sustainable growth and a
renewable future. The EEF scheme, as an
alternative financing option, has allowed
us to do just that: saving money and the
environment simultaneously.”
“For us, sustainability
means more than
just energy saving,
it encompasses
how you keep your
business running in
a responsible and
financially efficient
way”
Energy Efficiency Made Easy
For more information, please visit
www.energyefficiencyfinancing.co.uk or call 01753 434 476
Energy saving
assessment by
Financial Services
provided by