Energy efficiency for business

Financial support

In addition to the benefits which you will reap from being energy efficient, your business may qualify for funding to help finance energy efficiency measures.

Enhanced Capital Allowances (ECAs)|External link
The Enhanced Capital Allowances (ECA) scheme enables your organisation to claim 100% first-year capital allowances on eligible plant and machinery, providing your business pays Corporation Tax or Income Tax. There are three schemes under the ECA:

Businesses may write off the whole of the capital cost of their investment in these technologies against their taxable profits in the period during which they make the investment.

Green Grants Machine|External link
Free directory on grants, loans and awards available to help businesses go green and save on energy bills.

Non-Domestic Renewable Heat Incentive (RHI)|External link
The new RHI scheme is available for non domestic renewable heat installations encouraging the uptake of technologies such as Biomass, Ground Source Heat Pumps and Solar Thermal.

Ofgem guidance on feed in tariffs|External link
The Feed-in Tariff (FIT) scheme, is available through licensed electricity suppliers. The scheme is intended to encourage the uptake of small-scale low carbon technologies up to 5MW, through tariff payments made on both generation and export of produced renewable energy.

The Carbon Trust|External link
The Carbon Trust offer energy efficiency loans to SMEs that have been trading for at least 12 months, loans are from from £1,000 all unsecured and repayable over 5 years for most projects. New technologies can be supported through the Carbon Trust's Entrepreneur Fast Track Fund for innovative technologies aimed at the UK market. More information is available on the Carbon Trust website or by telephone: 0800 085 2005.

Last Updated: 07/03/2016