February 11, 2021NEWS

West of England Green Business Grant Scheme relaunched for 2021

CLEAN ENERGY GRANTS FOR BUSINESSES

West of England Green Business Grant

The West of England Green Business Grant scheme has reopened for 2021. The capital grant offers up to £15k for energy saving improvements for your business.

The Green Business Grant can be used for capital works and purchases to improve the energy efficiency of buildings and business operations. Potential projects include commercial solar panels, air source heat pumps, solar thermal systems and more. Applicants must be small & medium sized enterprises that are legally constituted and VAT registered.

 

How can the Green Business Grant help my business?

West of England Green Business Grants support SMEs to improve the energy efficiency of their buildings and business operations. This helps reduce greenhouse gas emissions and can save businesses money on energy bills.

Benefits at a glance

  • avoid harmful emissions that contribute to climate change
  • reduce your energy bills and lower maintenance costs
  • make your buildings healthier for your employees
  • improve your green credentials with customers and contractors
  • access cutting edge low carbon technologies
  • actively support the local supply chain for energy efficiency goods and services.

 

Which businesses can apply for the West of England Green Business Grant?

To apply for the grant your business must meet the following criteria:

  • A small & medium sized enterprise – with fewer than 250 employees AND a turnover of equal to or less than €50m OR a balance sheet of equal to or less than €43m (including any partnership your organisation is a part of or any linked enterprises)
  • based in the West of England region – located in Bath & North East Somerset, Bristol, North Somerset or South Gloucestershire local authority area. Check your postcode here
  • VAT registered
  • content to be credit checked by a third-party credit reference agency.

 

How does the West of England Green Business Grant work in regards to installing solar panels?

MICRO & SMALL SIZED BUSINESSES

A micro or small business is classed as having less than 50 employees and a turnover less than £8.8M. If your business meets this criteria, you will be able to apply for up to £15,000 per business to pay for 50% of the eligible capital costs of installing a solar panel system for your business.

The figures below are for example purposes only. Your exact savings and payback will depend on a number of factors such as the pitch and orientation of your roof. For an accurate quote for your business please contact us for a free desktop survey.

Solar Panel Example

System Size: 35kWp Total to pay: £12,500
Installation Cost: £25,000 Annual Savings: £4000-£5000*
Green Business Grant: £12,500 Payback Period: 2-3 years*

 

MEDIUM SIZED BUSINESSES

A medium business is classed as having less than 250 employees and a turnover less than £44M. If your business meets this criteria, you will be able to apply for up to £15,000 to pay for 40% of the eligible capital costs of installing a solar panel system for your business.

*  The figures below are for example purposes only. Your exact savings and payback will depend on a number of factors such as the pitch and orientation of your roof. For an accurate quote for your business please contact us for a free desktop survey.

Solar Panel Example

System Size: 35kWp Total to pay: £15,000
Installation Cost: £25,000 Annual Savings: £4000-£5000*
Green Business Grant: £10,000 Payback Period: 3-4 years*

 

Where can I find more information on the West of England Green Business Grant?

For more information regarding the West of England Green Business Grant, please visit the West of England Combined Authority website.

 

Free, no obligation desktop survey

To get your free quotation for installing commercial solar panels to submit with your application, please fill out the form on our contact page and one of our team will get in touch to discuss your options.

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