If you’re willing to make enquiries and browse around, you’ll find several grants available for your business with Business Energy Comparison. These grants are coming to the fore as the world moves towards greater environmental sustainability.
Energy Efficiency Grants for Business
Low Carbon Dorset
The Low Carbon Dorset scheme offers free support to assist businesses in Bournemouth, Dorset and Poole to install energy-efficiency measures by reducing carbon emissions. Businesses should take part to assist in the development of low-carbon products for the commercial sector.
SMEs, public-sector institutions, legal community and voluntary organisations, and registered charities in Dorset can qualify as part of Low Carbon Dorset. The scheme cannot support agriculture or any activities related directly to primary processing.
By taking part in the scheme, businesses and organisations can receive several free services, which include:-
- grants that contain a maximum of 40% of project costs starting at £5,000, with a £250,000 maximum cost.
- technical advice for any low-carbon project initiatives.
- detailed business energy surveys.
- Events and workshops on low-carbon-related subjects.
- opportunities to network.
The England European Regional Development Fund provides funding for Low Carbon Dorset. The 5-year Low Carbon Dorset programme is designed to assist the growth of Dorset’s low-carbon economy in reducing the county’s footprint. It is facilitated by the Dorset Council and the AONB (Area of Outstanding Natural Beauty) in the county.
Low Carbon Dorset aims to make businesses more energy efficient using renewable energy. The scheme will also assist in the development of new low-carbon derivatives. The local authority recently acquired further funding. It can now extend its commitment to offer advice on energy efficiency measures and green energy further than March 2023.
In 2023 the council intends to share more on how community groups and SMEs in the area can make use of this support. The local authority is attempting to find funding for future grants to accompany this technical advice.
Coventry and Warwickshire Green Business Programme
The Coventry and Warwickshire Green Business Programme offer businesses 100% free audits, grants, and developmental low-carbon product support. SMEs with under 250 employees in Coventry, Leamington Spa, North Warwickshire, Nuneaton and Bedworth, Rugby, Stratford on Avon, and Warwick all qualify for certain benefits.
Non-profit organisations, charities, and businesses in the retail sector are not eligible for the scheme.
Qualifying businesses can access the following:-
- energy grants for between £1,000 and £50,000, at a maximum of 40% of the cost of a project, to provide energy efficiency measures.
- the Green Business Network.
- an energy audit for free.
- support and advice for energy-saving improvements and resource efficiency. Adopting low-carbon renewable technologies.
CUE Business Solutions, Coventry University and the Coventry City Council, run the Coventry and Warwickshire Green Business Programme. The local authority has announced an extension to the scheme until June 2023. Further funding of £1.25m for SMEs is available for energy efficiency upgrades.
The DE-Carbonise Project provides support and grants for SMEs. These assist with reducing carbon emissions in the Derby and Derbyshire areas. The Derby City Council, the Derbyshire County Council, and the University of Derby run the scheme to raise awareness and assist in creating a more energy-efficient county.
Grants starting at £1,000 and going up to £20,000 are available to SMEs in the county to cover 40% of any energy-efficient project’s cost. The DE-Carbonise project aims to assist small and medium-sized businesses within Derby and Derbyshire to:-
- save energy costs.
- cut down carbon emissions.
- formulate and implement lower-carbon business practices like low-carbon heating measures.
- reach higher levels of sustainability.
- gain greater education levels to become energy efficient through renewable energy advice.
- use technologies related to renewable energy generation.
- develop products with lower carbon.
The initiative by the local authorities and the university has assisted more than 500 businesses to date.
How Do Business Energy Grants Help?
Several national and local government schemes, and certain private ones, offer grants, loans, and subsidised measures to save energy. This helps SMEs to reduce negative environmental impact.
These grants help in multiple ways:-
- They initiate further chances and methods of sustainable development.
- They provide measures to encourage higher motivations to become more energy efficient as a business. An example of such is by suggesting greener production processes.
- They provide upfront costs for investing in equipment designed to promote environmental efficiency.
They promote the management and reduction of waste within the business setting.
If you’re a small business owner, you’re aware of the rise in energy prices and how it affects your bottom line. Think seriously about looking at the available grants in your area. Applying for one may assist in cutting down your energy bill and provide your workplace with a way of becoming more environmentally friendly. Start your business electricity comparison and compare business gas prices with Business Energy Comaprison.
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