Fri. Jun 24th, 2022

Utility Grants

With an ever-changing energy industry it’s not only a chore to keep on top of new energy efficient technology it can put a business well out of pocket. Luckily, the UK has an infrastructures in place which not only encourages the switch to renewable energy, they’ll also help you pay for it.

We are at a very transitional period in time for energy and the responsibility of keeping our air, sea and land free from pollution rests over the shoulders of all of us. Business owners in particular contribute over 40% of the UK’s carbon emissions and its on each of us to take the necessary steps to bring this figure down until it reaches our 2050 target of ‘net zero emissions’.

Help is at hand – Only if you know where to find it.

With access to online communications such as the internet, finding resources to help your business grow which means grants and other financial help can be only a few click away but it takes the knowledge and experience to navigate such a wealth of supposed ‘help’ to find the offerings which really do have our countries best interests in mind.

Below you will find a list of curated websites that offer such help as ‘grants for businesses, business grants and other financial help for energy costs at little no expense to your business:

My Utility Donation are a community interest company which provides access to funding for businesses that simply commit to a green energy plan via their platform. They slice away the profits which would typically go to energy providers/ brokers and they feed the funding directly back into local businesses which need it most. They’re an organisation we certainly recommend to follow and keep an eye on.

The Department for Business, Energy and Industrial Strategy

The Bio-energy Capital Grants Scheme is run by the Department of Energy and Climate Change (DECC) and supports biomass-fuelled heat, and combined heat and power projects in English industrial, community and commercial sectors. The scheme is offered as part of the UK Environmental Transformation Fund which encourages understanding of lower-carbon technologies amongst individuals and businesses.

Enhanced Capital Alliance (ECA)

The ECA is a Government-sponsored scheme to help manage climate change, providing businesses with enhanced tax relief for investments in equipment that meet published energy-saving criteria. In the first-year, the full cost of investments can be written off against the taxable profits of the period in which the investment is made. The scheme covers a broad range of products including lighting, heat pumps and boiler equipment.