Renewables for Business.

Save tens of thousands every year by generating your own electricity. Store the electricity for when you need it most with battery storage. Save thousands every year by replacing your fossil fuel boiler or electric heating system with a heat pump. Attract new customers by becoming a Green Sustainable business. And take advantage of huge Government subsidies and tax breaks to help you fund your project.

Super-deduction

From 1 April 2021 until 31 March 2023, companies investing in qualifying new plant and machinery assets like solar panels and heat pumps, will be able to claim a 130% super-deduction capital allowance. The super-deduction will allow companies to cut their tax bill by up to 25p for every £1 they invest effectively reducing the cost of installation by 25%.

Boiler Upgrade Scheme

A £5,000 upfront payment when you switch to a heat pump. The government is providing grants to encourage property owners to install low carbon heating systems such as heat pumps, through the Boiler Upgrade Scheme (BUS). These grants can help property owners overcome the upfront cost of low carbon heating technologies. The scheme is open to domestic and non-domestic properties in England and Wales. It runs from 2022 to 2025 and will provide a £5,000 off the cost and installation of an air source heat pump.

Eligibility

You may be eligible if you live in England or Wales and own your property (whether this is a home or a non-domestic property) Private landlords and second-home owners are also eligible. If you’re claiming other grants or funding you can still apply if you’ve received separate funding for energy efficiency upgrades such as insulation, doors or windows.

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