The Future Energy Solution

A £7m fund has been made available to SMEs on a first come-first served basis, and will offer capital support for the installation of Commercial Solar Panels.

The grant offers £10,000 or up to 30% of the cost of purchasing a system, this is an increase from 15%.

As an example, a business installing a 30 KW Solar PV system would get up to £10,000 towards the cost! This is before they can claim back up to £6000 in Capital gains.

The grant will be on a first come first served basis for the whole of England Scotland and Wales, with a target of helping 1000-2000 businesses. (which isn’t many across such a large area!).

The fund, has now been opened and companies can register their interest now at the link on this page. It only takes a couple of minutes to complete.

This is a great, but limited opportunity to further reduce the capital cost of the project. Early action is required, as the fund is expected to be extremely popular.

Typical Example

  • 30Kwp normally £33,000
  • Grant towards the cost £10,000
  • Capital gains if company is a profitable business £6,000*

 

  • This takes the system down to around £17,000 to fund a system.
  • Typical returns from a 30Kwp Solar Pv system of around £3,500 per year
  • This gives commercial solar a 5 year payback.

But what is great, is most of our business customers take the initial cost over 5 years, meaning that systems up to 30kwp are cash neutral to your business!

For some businesses we can even arrange up to 13 years making any system cash positive from day one

Usually in life nothing is free!
Except on this occasion

01254 433 456

*Capital gains can only be claimed if your business pays tax to the equivalent of £6000