Green Funding Guide: Making Renewable Projects Accessible
In 2016, 17% of the total CO² emissions in the UK belonged to the business sector. Investigations into how companies can reduce these emissions – along with the ever-increasing energy costs they’re usually coupled with – are now surging in popularity. Often, a method of reducing carbon heavy consumption is to look at green energy alternatives, such as solar photovoltaic (PV) panels for electricity and biomass or heat pumps to meet your heat demand. Each technology comes with its own set of financial benefits, including energy savings and payments from relevant government backed incentive schemes – the Renewable Heat Incentive (RHI) and Feed in Tariff (FIT) – and make a lot of long term business sense. However, finding the capital to make that initial leap can sometimes be the main deciding factor. The renewable energy sector is striving to make the technologies more accessible, and now work with several organisations to offer funding packages suitable to your needs and business.