Sheet 1: 1. Business Case - Notes

	
	

		

 
	
	
	

		
SALIX ENERGY EFFICIENCY LOANS SCHEME - BUSINESS CASE APPROVAL 
FOR PROJECTS OVER £100,000
	
	

		
As outlined in the Application Notes, for individual projects valued over £25,000, the client is required to support the application with saving calculations, internal business case paper work and evidence of cost basis.
	
	

		


	
	

		
In addition, if you are completing a voltage management project over £25,000 then you will also need to complete the voltage management load mix tool.
	
	

		


	
	

		
For individual project costs in excess of £100,000 then clients are asked to submit a formal business case to Salix Finance for approval prior to proceeding. 
	
	

		
Process:
	
	

		
1. Complete an application form and project compliance tool
	
	

		
2. Complete the Business Case - Application as comprehensively as you can.
	
	

		
3. Submit the completed Business Case - Application, Application for Funding and Project Compliance Tool to the SEELS team
	
	

		
4. A member of the SEELS team will complete the Business Case - SEELS Review to check the application is ready for assessment.
	
	

		
5. Salix Finance's external consultants will undertake a Business Case - Assessment.  
(Note: This may require additional information or personal contact with the consultant.)
	
	

		
6. If the Business Case is approved, then we can proceed with the Commitment Letter
	
	

		
7. If the Business Case is not approved, you may be able to submit additional information or a revised Business Case - Application.
	
	

		
Instructions:
	
	

		
1. Please read and familiarise yourself with the Business Case - Application and the Business Case - Assessment before completing the former.
	
	

		
2. If you have any questions about the process or what is required in the application, please contact a member of the SEELS team.
	
	

		
3. If it is not possible to answer a question, please provide a reason.
	
	

		
4. Include any relevant documentation in the form of embedded documents or as attachments.
	
	

		
5. Show all relevant working and calculations.
	
	

		
6. Give details of all references and sources of information used in the application.
	
	

		
7. Email the completed application to SEELS support.
	
	

		
Notes:
	
	

		
(1) kWh  pa – annual energy consumption in kWh
	
	

		
(2) £ pa – annual cost in pounds
	
	

		
(3) Derivation – e.g. estimate or meter readings
	
	

		
(4) Fuel type – e.g. Electricity, Gas, Oil.  If multiple fuel types are involved please list here and provide a full breakdown separately.
	
	

		
(5) tCO2 pa – annual  tonnes of carbon dioxide (figure from current Compliance Tool)
	
	

		
(6) £/tCO2LT – pounds per tonnes of carbon dioxide lifetime (figure from current Compliance Tool)
	
	

		
(7) Energy/Carbon Monitoring Plan for after completion of the project.
	
	

		
(8) Include any and all relevant  costs – e.g. project management
	
	

		
(9) Please confirm if there are no maintenance costs.
	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	
	

		


	



Sheet 2: 2. Business Case - Application

	
	
	
	
	
	
	
	
	

		

 
		
		
	

		
	

		
	

		
	

		
	

		


		


		


		


		


		


		


		


	
	

		
2. Business Case - Application
		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
1. Client Details
		


	
	

		
1.1 Client Organisation
		


		


	
	

		
1.2 Client Contact
		


		


	
	

		
1.3 Project Title
		


		


	
	

		
1.4 Site Location
		


		


	
	

		
1.5 Client Project ID/Reference
		


		


	
	

		
1.6 Submission Date
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
2.0 Project Details
		


	
	

		
2.1 Project Background
(Provide background on the project including all possible benefits)
		


		


	
	

		
2.2 Description of Works
(Describe project in sufficient detail for technical review)
		


		


	
	

		
2.3 Details of Supporting Documentation
(Attach or embed any relevant technical material, supplier information, etc)
		


		


	
	

		
2.4 Energy/Carbon Data
		


		


		


		


		


		


		


	
	

		
2.4.1 Energy Data
		


		
kWh pa (1)
		
£ pa (2)
		
Derivation (3)
		
Fuel Type(s) (4)
		
Fuel Price
p/kWh
		


	
	

		
Pre-Project
		


		


		


		


		


		


	
	

		


		


		


		


		


		


	
	

		
Post-Project
		


		


		


		


		


		


	
	

		


		


		


		


		


		


	
	

		
Energy & £ Savings (ie Post-Project - Pre-Project)
		
 -   
		
£0
		


		


		


		


	
	

		
2.4.2 Carbon Data
		


		
tCO2 pa (5)
		
tCO2 LT (6)
		


		


		


	
	

		
Carbon Savings
		


		


		


		


		


	
	

		
2.5 Energy/Carbon Monitoring Plan (7)
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
3. Project Costs
		


	
	

		
3.0 Total Project Cost (£)
(as shown on compliance tool)
		


		


	
	

		
3.1 Main Equipment Costs (£)
		


		


	
	

		
3.2 Installation Costs (£)
		


		


	
	

		
3.3 Other Project Costs (£) (8)
		


		


	
	

		
3.4 Operating & Maintenance Costs (£ pa) (9)
		


		


	
	

		
3.5 Evidence of costs
(Attach or embed quotations, tender, consultant's estimates, etc)
		


		


	
	

		
3.6 Savings Calculations
(Show calculation of financial savings)
		


		


	
	

		
3.7 Payback Period (years)
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
4. Project Achievement

		


	
	

		
4.1  Provide your confidence levels for each of the expected costs, energy and carbon savings in terms of a ± percentage relative to the figures stated above.  Give your reasoning.
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
5. Previous Experience
		


	
	

		
5.1 Describe any previous experience that you may have with the proposed energy efficiency measure.
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
6. Project Risks & Mitigation
		


	
	

		
6.1 Describe any project risks and give details of measures designed to minimise or avoid them.
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
7. Timescales
		


	
	

		
7.1 Give details of the timetable for delivery of project.
		


		


	
	

		
7.2 Expected Committing Date:
		


		


	
	

		
7.3 Expected Commissioning Date:
		


		


	
	

		


		


		


		


		


		


		


		


	
	

		


		


		


		


		


		


		


		


	
	

		
8. Submission
		


	
	

		
Business Case Submitted By:
		


		


	
	

		
Position:
		


		


	
	

		
Signature:
		


		


	



Sheet 3: 3 Business Case - SEELS Review

	
	
	
	
	
	

		
3. Business Case - SEELS Team Review
		


	
	

		


		


	
	

		
1. Client Details
		


	
	

		
1.1 Client Organisation
		
0
		


	
	

		
1.2 Client Contact
		
0
		


	
	

		
1.3 Project Title
		
0
		


	
	

		
1.4 Site Location
		
0
		


	
	

		
1.5 Client Project ID/Reference
		
0
		


	
	

		
1.6 Review Date
		


		


	
	

		


		


		


		


		


	
	

		
2. SEELS Team Checklist
		


	
	

		
2.1 Sufficient information has been provided to assess the business case for this project
		


		
Do not submit for assessment
		
If the business case information is insufficient, unclear or flawed, then the business case should not be submitted to Atkins Ltd. 
Reasons for non submission can be added to the SEELS team Comments section.
	
	

		
2.2 The client has presented costs and calculations to support the business case
		


		
Do not submit for assessment
		
Business cases must consider only a single project (although a number of similar projects may be 'bundled' under some schemes)
	
	

		
2.3 The project is compliant with Salix Fund's key criteria:
2.3.1 Payback period
2.3.2 £/tCO2
2.3.3 Tender/quote
2.3.4 Will be Commissioned within nine months
		


		
Do not submit for assessment
		
A project must comply with funding scheme criteria and be on the technology list.
	
	

		
2.4 Has the project been entered into the SEELS Project Compliance Tool and do numbers tie up with Business Case - Application.
		


		
Ensure that project compliance tool has been provided and numbers tie up with business case
		
Please ensure that the project has been entered into the project compliance tool prior to being submitted to Atkins Ltd.
	
	

		
2.5 Are there any other reasons preventing this business case being assessed (if 'Yes', make comments in the 'SEELS Team Comments' section below).
		


		
Do not submit for assessment
		
Any other aspects  to be resolved before the assessment can be  started.
	
	

		


		


		


		


		


	
	

		
3. SEELS Team Member Comments
		


	
	

		


		


	
	

		


		


		


		


		


	
	

		
4. Approval
		


	
	

		
4.1 SEELS Team Member
		


		


	
	

		
4.2 SEELS Team Member Recommendation
		


		
If SEELS Team Recommendation is 'Proceed' then SEELS Team to send all documentation to Atkins.

If SEELS Team Recommendation is 'Do Not Proceed' then SEELS Team to let the client know what information is required.
	
	

		


		


		


		


		


	
	

		
Supporting Documentation