Issue details

This report seeks the authorisation for the London Borough of Barnet (the Council) to commission and part-fund the RE:FIT energy saving measures across a number of Council assets. The majority of the works will be funded by a 0% interest loan from Salix. The remaining funding will be provided by the Council.

Decisions:

1.    To commission a number of energy saving initiatives on Council assets, across the borough.

2.    To fund the majority of energy saving works (£537,941) through a 0% interest loan.

3.    To fund remaining works (£243,537) from the Council’s Estates budget.