The UK Shared Prosperity Fund for Solar Panels (UKSPF)

The UK Shared Prosperity Fund for Solar Panels was established to drive economic growth and prosperity across the nation, and represents a pivotal opportunity for businesses to invest in sustainable energy solutions. One of the most promising avenues for these investments is commercial solar panels. By using the UK Shared Prosperity Fund Low Carbon Projects to finance your commercial solar panel projects, you can enhance your green energy infrastructure, reduce carbon emissions, reduce your energy bills, and create lasting economic benefits.

Contact us today for a free remote survey and cost estimate from our expert Commercial Solar advisors, or schedule a site visit to discover how commercial solar panels can benefit your business. We use advanced 3D drone models and commercial modelling software to provide the most accurate performance estimates and ROI in the industry!

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    “From start to finish these guys were patient, professional and keen to help. We were happy with our quotation for 12 solar panels and battery storage and within 3 weeks the system was fully installed”

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    “I was absolutely thrilled to receive a 5-star treatment right from the start. Prior to this experience, I had very little knowledge about solar panels and how solar systems function…”

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    I had an amazing experience with this company! The service from the first contact to the survey and installation was top-notch. The GivEnergy AIO Batt System they fitted was installed professionally.

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    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.

    The UK Shared Prosperity Fund for Solar Panels (UKSPF):
    Get up to 75% towards solar panels for your business with government funding.

    The UK Shared Prosperity Fund is designed to support local projects that boost productivity, create jobs, and foster economic growth. With a focus on addressing regional disparities, the fund prioritises initiatives that promote innovation, infrastructure development, and skills enhancement. In recent years, there has been a growing emphasis on sustainability, recognising that long-term economic health is inextricably linked to environmental stewardship. The UK Shared Prosperity Fund for Solar Panels can fund up to 50% of your commercial solar panel installation.

    Up to 50% funding

    Depending on availability, project size, and scheme approval.

    Nationwide

    Nationwide funding available, administered by local councils.

    Low Carbon Technologies

    Covers more than just commercial solar panels.

    Using The UK Shared Prosperity Fund for Solar Panels (UKSPF):

    Eligibility

    To be eligible to take part in the scheme, your business must:

    Be a Small or Medium Sized Enterprise (SME), meaning 250 employees or fewer with a turnover of less than £36 million.

    Have commercial premises in Sheffield (the scheme cannot support home-based businesses).

    Not have received more than £315,000 Minimal Financial Assistance subsidy over the last 3 years (contact us to discuss this if you’re not sure).

    Be able to provide 12 months’ energy bills to establish baseline energy use (or however many months you’ve been in your premises, if less than 12 months)

    Using The UK Shared Prosperity Fund for Solar Panels (UKSPF):

    What eligible businesses will receive

    An initial assessment including one-to-one support from a specialist advisor - you will be assigned a sustainability expert to guide you through every stage of the process. They will:

    Help you understand your energy usage and identify where you could save energy.

    Refer you for an energy audit or prepare a bespoke energy recommendations report.

    Support you to develop and deliver a plan for your energy saving improvements.

    Support you to understand your options for funding improvements, including whether you could be eligible to apply for a Low Carbon Grant.

    Support you to understand your options for funding improvements, including whether you could be eligible to apply for a Low Carbon Grant.

    Carbon survey

    You will get a free carbon survey of your business, to establish how much energy you use now and how you could save energy.

    The report will identify energy saving improvements the business could invest in and provide a detailed breakdown of the carbon saving, cost, and return on investment for each, so you can decide what’s the right path to take.

    Using The UK Shared Prosperity Fund for Solar Panels (UKSPF):

    About the grants

    As part of the Low Carbon scheme, businesses will have the opportunity to apply for funding towards eligible interventions identified in their carbon survey through the UK Shared Prosperity Fund for Solar Panels.

    The grant will part-fund interventions, with the business making up the rest of the funding itself.

    For projects costing up to £24,999, you can apply for a 50% grant contribution of £12,500.

    For projects costing more than £25,000, you can apply for a grant contribution of between 10% and 50% of the project cost.

    The minimum grant you can apply for is £1,500 (for a project with a total cost £3,000).

    Using The UK Shared Prosperity Fund for Solar Panels (UKSPF):

    Eligibility for grants

    To qualify for a grant through the project:

    • The measure must be identified in a carbon survey (recipients of Energy Audit reports delivered through the European Regional Development Fund (ERDF) funded Low Carbon Business Support project are eligible to apply if you did not receive a grant through that project)
    • The investment you are applying for funding towards must be a capital project with a return on investment of more than one year – we can’t fund working capital or operational costs the interventions must deliver a net carbon reduction.
    • Your business must not have previously received an ERDF Low Carbon Grant the investment must be set to complete by December 2024 tenants must have the permission of their landlord to make changes to the building fabric we cannot fund electric vehicles.

    Use The UK Shared Prosperity Fund for Solar Panels to reduce your investment costs today!

    The UK Prosperity Fund offers a unique opportunity to invest in solar energy, driving sustainable economic growth while addressing climate change. As the UK continues to prioritise green initiatives, leveraging the Prosperity Fund for solar panels can pave the way for a brighter, more sustainable future.

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