School net zero funding stack

Three categories: capital grants (PSDS, CIF, Greener Schools Fund, Mayoral Renewables), capital loans (Salix Recycling Fund interest-free, Salix education fixed-rate at 2.15 per cent), and PPA / off-balance-sheet finance (Solar for Schools, others). LCSF funds the heat-decarbonisation plan that feeds a PSDS bid.

PSDS and CIF can be sequenced on the same building if the funded scope does not overlap; concurrent funding of the same kit is prohibited. A PPA-funded solar array is treated as off-balance-sheet and does not consume CIF or PSDS cap.

PSDS Phase 4 at 60 to 80 per cent of in-scope CAPEX, plus Salix CIF for the residual condition envelope, commonly delivers 75 to 100 per cent net grant offset for the priority cohort of a MAT programme.

PSDS Phase 4 application windows and CIF expression-of-interest cycles follow annual rhythms. Refer to each scheme's page for the live calendar.