Grants and Loans
Did you know that every year millions of pounds are made available to UK organisations in the form
of free loans and grants, to reduce energy consumption and CO2 emissions.
The good news is that most companies can apply for a number of different schemes. The bad news is that the
onus is on the businesses to find out what’s on offer, to keep up to date with what's new and to apply for them themselves.
Who's Eligible?
The good news is that most companies can apply for a number of different schemes.
The bad news is that the onus is on the businesses to find out what’s on offer,
to keep up to date with what's new and to apply for them themselves.
So what’s available?
There are two major ways of getting funding: through national or local schemes. Local grants vary enormously,
so contact....to find out what is available near you.
National Funding
Here are some of the possibilities available to businesses nationwide.
The Carbon Trust
There is the opportunity for 0% business loans of £3,000 - £100,000 available to help organisations
finance and invest in energy saving projects.
The Salix Fund
Salix delivers interest free funding to accelerate investment in energy efficiency technologies
across the UK public sector.
Community Sustainable Energy Programme (CSEP)
Community based organisations can be awarded funds for the installation of micro generation
and energy efficiency measures.
Low Carbon Building Programme Phase 2 (Now closed for new applications)
Part of the UK Environmental Transformation Fund (ETF), you can get up to £1,000,000 of grants
if you're a public sector company or charity.
Climate Change Levy Discount Scheme
The benefits of the Climate Change Levy Discount Scheme result in up to 80% discount on the CCL in return for
meeting energy or carbon saving targets. If you are in a specific sector which has negotiated an agreement
then you could get a rebate of up to 80%.
Enhanced Capital Allowances
Looking at purchasing or installing energy- efficient technology? The ECA scheme provides businesses with
100% first year tax relief on their qualifying capital expenditure for plant and machinery
How do I qualify for Funding?
• Firstly you need to evaluate you company's energy usage through an energy audit.
• Then compile an energy management report with detailed action plan that provides
an accurate
assessment of the potential energy/carbon reductions along with details of the
specific measures
required for implementation providing illustrative costs.
Funders won’t give you money unless you
provide a detailed report.
• Finally explore potential grants and funding available for your organisation.