50kWp Commercial Solar System
from £45,000exVAT
Save around £15,000 per year for your typical Office.
100kWp Commercial Solar System
from £85,000exVAT
Save around £30,000 per year for your typical Warehouse.
200kWp Commercial Solar System
from £160,000exVAT
Save around £60,000 per year for your typical Industrial unit.
Custom
P.O.E.
All of our systems are tailored to your requirements.
Business Grants For Commercial Solar Panels
Before diving into the specifics of available grant for commercial solar panels, it’s essential to understand why investing in commercial solar panels is a smart move for businesses:
Available Grants for Commercial Solar Panels in the UK
Several grants and funding schemes are available in the UK to support businesses in their transition to renewable energy. Here are the key options:
1. The Smart Export Guarantee (SEG)
The Smart Export Guarantee (SEG) is a government-backed initiative that ensures businesses are paid for the surplus electricity they export to the grid. Here’s how it works:
- Eligibility: Commercial solar panel systems with a capacity of up to 5MW are eligible.
- Payments: Energy suppliers with over 150,000 customers must offer at least one SEG tariff. Rates can vary, so it’s essential to shop around for the best deal. You should expect at least 5p/kWh.
- Benefits: The SEG provides a steady income stream, helping offset the cost of solar panel installation and maintenance.
2. Salix Finance
Salix Finance is a government-funded organisation that provides interest-free loans for public sector energy efficiency projects, including solar panel installations:
- Eligibility: Public sector organisations such as schools, hospitals, and local authorities.
- Loans: Interest-free loans for up to 100% of the project cost, repayable from the savings achieved on energy bills.
- Benefits: Enables public sector organisations to implement energy-saving projects without upfront capital expenditure.
3. Local Authority Grants and Funding
Many local authorities in the UK offer grants for commercial solar panels to support businesses in their transition to renewable energy. These schemes vary by region and can provide substantial financial assistance:
- Eligibility: Varies by local authority, often focused on small and medium-sized enterprises (SMEs).
- Grants: Funding amounts and criteria vary, so it’s essential to check with your local council for specific opportunities.
- Benefits: Local grants can provide critical funding to bridge the gap between the cost of solar panel installations and available capital.
The UK Shared Prosperity Fund was established to drive economic growth and prosperity across the nation, and represents a pivotal opportunity for businesses to invest in sustainable energy solutions using government-backed funding.