Grants particular to photo voltaic panel use are few and much between. Nevertheless, as a part of the Authorities’s pledge to succeed in internet zero by 2050, virtually £5bn has been put apart to assist UK companies develop into greener.
There are grants and subsidies to assist companies make their present power utilization extra environment friendly in 2026, in addition to for warmth pump set up, the elimination of greenhouse gases and far more.
Obtainable grants are continuously up to date, so hold a watch out for one which applies to your online business wants on the gov.uk web page right here. It’s additionally price contacting your power provider to see what they will give you.
The Industrial Vitality Transformation Fund is managed by the Division for Vitality Safety and Web Zero in England, Wales and Northern Eire. In case your website relies in Scotland there’s a separate scheme. Nevertheless, one present scheme obtainable throughout Nice Britain is the Good Export Assure (SEG).
>See additionally: The place to seek out inexperienced small enterprise grants
What’s the Good Export Assure?
The Good Export Assure allows companies to receives a commission to generate inexperienced power. If your online business makes use of photo voltaic photovoltaic (PV) panels, you may generate money from Nationwide Grid suppliers for the power you produce and don’t use.
How does it work?
These suppliers (SEG licensees) pay you (the power generator) a charge. Each giant licensee should supply a SEG tariff, and plenty of smaller ones do, too. These charges differ and may be fastened or variable however will all the time be above zero. They in flip export this to the Nationwide Grid.
Because the generator, your online business will need to have a sensible meter fitted to calculate how a lot your power is price.
If your online business has the potential to develop into a generator, it’s price purchasing round to seek out probably the most beneficial deal from licensees. You could find this yr’s record of licensees right here.
As a aspect word, all installations should be in Nice Britain – there are not any tariffs for Northern Eire – and generate not more than 5MW.
Do additionally take into account installers should be licensed underneath the Microgeneration Certification Scheme (MCS) and licensees could request to see this earlier than providing you any money.
Various funding choices to discover
Right here’s some suppliers that could possibly allow you to safe funding for photo voltaic panels:
>See additionally: How one can get a enterprise grant from the council
What are the benefits and drawbacks of photo voltaic panels?
Benefits
- Low power prices
- Skill to receives a commission for PV technology with SEG
- Much less reliance on the Nationwide Grid
- Reduces your online business’s carbon footprint which may be good PR
Disadvantages
- Dependence on climate
- The preliminary setup prices may be comparatively excessive
- That you must area to deal with the panels
What are the options to photo voltaic panels?
Companies that set up different inexperienced power applied sciences reminiscent of warmth pumps and biomass boilers can reap the benefits of the Clear Warmth Grant, which gives as much as £7,000 upfront to assist with set up prices.
Should you select to go down this route, like SEG, make sure the installer is MCS-qualified.
There’s additionally the Inexperienced Gasoline Help Scheme, which helps with the prices of manufacturing biomethane – a greener various to gasoline.
Profitable candidates obtain quarterly funds primarily based on the quantity of inexperienced power they supply to the Nationwide Grid (like SEG) over a interval of 15 years.
The scheme is open for purposes by companies in England, Scotland and Wales till November 2025. You possibly can apply right here.
Different forms of inexperienced power your online business can leverage embody offshore wind power and biofuels. The SEG grant additionally applies to wind generators and hydropower.
You could find extra normal inexperienced power schemes and grants for companies through the Ofgem web site.
Extra on grants
Enterprise grants for girls – Feminine entrepreneurs face distinctive challenges in accessing funding, which is why we’ve listed these enterprise grants for girls
Enterprise grants in Wales – If you’re trying to begin your personal enterprise in Wales or already run one, you could possibly be eligible for a spread of Welsh enterprise grants
