Grants and Loans

img

Businesses and homeowners have access to various grant and loan programs to support their investment in renewable energy and energy efficiency measures. These programs offer financial assistance to help offset the upfront costs associated with installing Solar PV, Battery Storage, EV Chargers, and other sustainable technologies.

ECO 4 (Energy Company Obligation):

  • ECO 4 is a government scheme aimed at improving the energy efficiency of homes across the UK.
  • Eligible households may receive funding for measures such as insulation, heating upgrades, and renewable energy installations.
  • Qualification criteria vary based on factors such as income level, property type, and location.

Business Energy Scotland:

  • Business Energy Scotland offers advice, support, and funding opportunities for businesses looking to improve their energy efficiency and reduce costs.
  • Funding may be available for energy audits, renewable energy installations, and energy-saving measures.
  • Eligibility criteria and funding amounts depend on the specific program and project details.

Energy Savings Trust:

  • The Energy Savings Trust provides grants, loans, and support services to help individuals and businesses save energy and reduce carbon emissions.
  • Funding options include interest-free loans for renewable energy installations, cashback incentives for energy-efficient products, and grants for specific energy-saving measures.
  • Eligibility requirements vary by program and funding type.

CARES Loans through Local Energy Scotland:

  • The Community and Renewable Energy Scheme (CARES) offers financial support to community groups, businesses, and public sector organizations in Scotland.
  • CARES loans can be used to fund renewable energy projects, energy efficiency improvements, and sustainable transport initiatives.
  • Loan terms and eligibility criteria are determined based on project specifics and funding availability.

Grant Funding from Wind Farms administered through Local Councils:

  • Some local councils administer grant funding programs funded by nearby wind farms’ community benefit schemes.
  • These grants support community projects, including renewable energy installations, energy efficiency upgrades, and environmental initiatives.
  • Eligibility criteria and funding amounts are determined by the wind farm’s community benefit agreement and local council policies.

Shire Energy Services assists clients in navigating these grant and loan opportunities, providing guidance on eligibility requirements, application processes, and project feasibility assessments. Our team works closely with clients to identify the most suitable funding options and maximize financial support for their renewable energy projects. Get in touch with a member of our team today – admin@shire-energy.co.uk or call on 01292 892720