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What is the Carbon Trust?

The Carbon Trust was set up by the Government in 2001 as an independent company. Its mission is to accelerate the move to a low carbon economy.

It provides specialist support to business and the public sector to help cut carbon emissions, save energy and commercialise low carbon technologies. By stimulating low carbon action they contribute to key UK goals of lower carbon emissions, the development of low carbon businesses, increased energy security and associated jobs.

The Carbon Trust provide specialist support to business and the public sector to help cut carbon emissions, save energy and commercialise low carbon technologies.  They take a practical approach – always looking for where we can make the maximum impact and deliver the most value to our customers.


The Carbon Trust loan

A particular focus of the Carbon Trust and LIET CORP is helping all businesses reduce their carbon footprint.

We recognise that for most businesses, and particularly in the current economic climate, their absolute focus is on their core business, keeping costs under control and maximising profitability.  In that context, worrying about the business’s carbon footprint might seem a distraction.  LIET CORP in conjunction with the Carbon Trust’s loan scheme can provide funding to finance significant reduction in energy consumption through the adoption of the highest specification LED lighting on the market. The investment is fully funded by an unsecured Carbon Trust loan which is described in detail below.

In addition, the LIET Engine will in due course qualify for Enhance Capital Allowance (ECA) under the Energy-saving technologies (EST) initiative. This will effectively mean that a business taking advantage of LIET CORP’s technology will receive the cashflow benefit of the Carbon Trust’s loan and will also be able to write off the full cost of the investment against profits in that financial year. The detailed explanation of ECA can be found here.

The LIET engine has been in development for the past 3 years and, during that time, has had in excess of 7,000 hours of continuous testing.

The startling reality of the three components of our offer to your business/organisation…

  1. The revolutionary LIET engine.
  2. Carbon Trust’s loan.
  3. Enhance Capital Allowance.

… is that your business can invest in the latest technology lighting system, that will reduce your ongoing lighting costs by up to 90% and this investment is funded by the Carbon Trust loan with repayments made out of the energy savings over the subsequent 1-4 years. In addition, this investment will qualify for ECA tax offset meaning that you may actually INCREASE YOUR PROFITS IN THE YEAR YOU MAKE THE INVESTMENT.

As explained above, once the loan is repaid all the additional energy savings are then retained by your business. With the LIET engine having an independently ratified life in excess of 105,000 hours, your investment will continue to give you energy savings for many years to come:

Lights running 10 hours per day 29 years life
15 hours per day 19 years life
24 hours per day 12 years life

LIET CORP is able to handle most aspects of the loan application scheme.  Working with you, we are able to complete a simple assessment to see if you qualify for a loan.  Most businesses will be able to qualify.