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