Funding Opportunities
Funding opportunities can come and go very quickly for both domestic & commercial customers. Greenvision will keep you updated with all the latest funding opportunities, grants, interest loans and low rate finance options. Greenvision make energy efficiency affordable and cost effective, we provide guidance on every aspect of funding and finance for energy efficiency solutions as well as helping to identify any tax incentives that are available. The best starting point in every case is a Free Energy Audit so we can identify the scope for improvements and establish the funding available-KC.
We are here to help, why not sign up to our monthly newsletter that will keep you updated on all new energy efficient products, funding, grants and changes to legislation. Our expert advice covers a wide range of schemes. See list below
- District Heating Loan (Commercial & Scotland Only)
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What is a District Heating Loan?
If you’re thinking of implementing a district heating project, you could be eligible for a District Heating Loan. This low-interest, unsecured loan is usually repayable over a 10 year period meaning it is an affordable option when compared with often expensive and difficult to secure commercial borrowing. The standard loan is usually up to £400,000; however, proposals requiring over £400,000 will be considered individually. Although interest rates are dependent on credit status, the standard interest rate is just 3.5% for low risk projects!
What is a District Heating Scheme?
A District Heating Scheme is heating multiple buildings using a centralised boiler, or the heat from a Combined Heat and Power (CHP) plant - an efficient and clean approach to generating electric power.
Who is eligible for this loan?
Although only available for commercial properties or those in Scotland, the District Heating Loan and the District Heating Scheme is a great option for:
- Local authorities
- Small and medium sized enterprises
- Registered social landlords
- Energy services companies [ESCOs] with less than 250 employees
How can Greenvision help?
We can help with sourcing your funding, the setting up of a district heating scheme and the installation of all the renewable technology involved, like biomass and air source heat pumps. Start saving today by calling Greenvision Energy on 0115 854 7498
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Energy Company Obligation (ECO) Domestic
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What is the Domestic Energy Company Obligation (ECO)?
ECO is a government scheme that places obligations on energy suppliers to increase energy efficiency in British homes in order to tackle fuel poverty. Essentially, these are subsidies to provide energy efficient home improvements to those most in need and in homes where such improvements are more difficult to achieve. ECO has been implemented to replace existing obligations, such as the Carbon Emissions Reduction Target (CERT) and the Community Energy Saving Programme (CESP).
How does the Domestic Energy Company Obligation work?
The 6 main domestic gas and electricity suppliers in Britain are given a target to reduce fuel poverty that they then achieve by implementing green solutions in homes. The target given to each company depends on their position in the energy market and the total of all these targets equates to the Government’s overall ECO goal. Delivering energy saving measures in homes became mandatory on 1st April 2015 and this ‘Obligatory Period’ – known as ECO2 – will continue until 31st March 2017.
Who qualifies for ECO funding?
- Privately owned houses prone to fuel poverty
- Those in social housing
- Households in rural areas that may struggle financially
- Those in houses deemed “hard to treat” for insulation, such as properties with solid instead of cavity walls
Sounds like you would benefit from the Energy Company Obligation? Call Greenvision Energy on 0115 854 7498
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Renewable Heat Incentive
- The Renewable Heat Incentive is a Government scheme that encourages households to use and produce renewable heat, such as through a biomass system. By joining the scheme and following its requirements, households can benefit from quarterly payments for seven years depending on the amount of renewable heat that their system produces. Watch our video for more information on the Renewable Heat Incentive!
Want to improve your comfort levels, reduce your bills and reduce your impact on our environment? Access funds today by calling Greenvision Energy on 0115 854 7498.
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Feed-in Tariffs
- Feed-in tariffs, also known as FITs, enable homeowners and businesses to get paid for the energy they generate through renewable measures such as solar panels. This is a Government backed scheme which offers guaranteed payments and can generate tax free income of up to £850 per year! Watch our video for more information on Feed-in tariffs.
Start making money while helping the environment and call Greenvision on 0115 854 7498 today!
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Greenvision's Green Deal Home Improvement Loan - Save As You Pay
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Greenvision’s Green Deal Loan is a low-rate home improvement loan for energy efficient installations.
What are the benefits?
- Low interest rates.
- Flexible loan. Interest is charged monthly (1.10% per month.)
- You control the interest and the term of the loan - the more additional payments you make the less interest you pay.
- Interest is calculated on your monthly outstanding balance
- Keeps your savings intact
- Additional home improvements can be financed at the same time as external wall insulation - which means you can receive greater discounts for installing two measures
- Consumer Credit Protection
- Affordable Warmth (HHCRO)
- What is Affordable Warmth (HHCRO)?
Launched in January 2013, this Government scheme offers grants to eligible people who wish to implement energy saving solutions – such as heating controls or cavity wall insulation – into their homes.
Who might be eligible for Affordable Warmth (HHCRO)?
Many people can qualify for this grant including homeowners, tenants of private-sector landlords and those receiving State Pension Credit, Child Tax Credit or Working Tax Credit (the latter two also require earning less than £15,860 a year).
Anyone who is in any of the following circumstances is also eligible:
- Those Receiving income-related employment and support allowance, income-based job seeker’s allowance or income support
- Those with parental responsibility for a child under the age of 16, or up to their 20th birthday if they are in full-time, non-advanced education who usually lives with that person
- Those receiving some disability benefits, including a child tax credit which includes a disability or severe disability element, disabled child premiums or pensioner premiums
To apply, call Greenvision Energy on 0115 854 7498.
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Carbon Saving Community Obligation (CSCO)
- What is the Carbon Saving Community Obligation?
The Carbon Saving Community Obligation aims to reduce fuel poverty by implementing energy saving solutions such as solid wall insulation, cavity wall insulation, loft insulation and glazing into private and social housing in low-income areas. Although expected to particularly help the social housing sector, CSCO also has funding to help vulnerable households receiving certain benefits in rural communities (a settlement with less than 10,000 homes).
Who can qualify for a CSCO grant?
In order to be able to receive a CSCO grant, an applicant must:
• Be in occupancy of the property during the installation of the chosen energy saving measure
• Be legally able to occupy the property 30 days after the installation has been finished
• Have a written tenancy agreement starting within 30 days after the installation has finished
How much funding can I get through the CSCO?
CSCO funding is difficult to predict as each application is unique and the amount of money available depends on each applicant’s circumstances and their property. The exact amount is calculated using the Standard Assessment Procedure or Reduced Standard Assessment Procedure.
Are there any conditions for getting a grant through the CSCO?
CSCO funding projects can only take place in CSCO qualifying low-income areas. Conditions of the grant also include:
- The loft of the property must be fully insulated
- The exterior wall of the property must be fully insulated
However, if there is a good reason as to why the above conditions have not been met, you may still be able to apply for a CSCO grant for your green energy project.
If you have an energy saving project that you think would be eligible for ECO funding, call Greenvision today on 0115 854 7498.
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- The Carbon Emissions Reduction Obligation (CERO)
- What is the Carbon Emissions Reduction Obligation (CERO)?
The Carbon Emissions Reduction Obligation is a non-means tested grant available for all home owners and privately renting tenants wishing to implement loft insulation and solid wall insulation.
Who is eligible for a CERO grant?
To be able to apply for CERO grant, you must:
• Be in occupancy of the property during the installation of the chosen energy saving measure
• Be legally able to occupy the property 30 days after the installation has been finished
• Have a written tenancy agreement starting within 30 days after the installation has finished
How much funding can I get through CERO?
CERO funding is difficult to predict as each application is unique and the amount of money available depends on each applicant’s circumstances and their property. The exact amount is calculated using the Standard Assessment Procedure or Reduced Standard Assessment Procedure.
How can Greenvision help?
Greenvision provide help and support services for all aspects of CERO funding including surveying, help with funding, installation and project management. This loan can also be used in conjunction with our Green Deal Loan as a ‘top-up’ measure for solutions such as external wall insulation.
Whether you are a householder or an organisation like a social housing provider, we can help make your ideal green solution a reality. Call us today on 0115 854 7498
- Carbon Trust Funding
- Did you know that 20% of a business' annual energy costs are wasted through the use of inefficient energy equipment? If your business is based in Wales or Northern Ireland, you could be eligible for a low-rate loan to help implement energy efficient measures and renewable technologies through The Carbon Trust. Leasing packages to both private and public sector organisations and loans of up to £100,000 are available to invest in green solutions such as solar, LED lighting and electric heating. Repayments of this loan are often offset by savings in energy costs – we don’t see a downside!
The expert knowledge and tailored services of Greenvision Energy will help you navigate the complex world of energy efficiency and will make accessing this loan easy for organisations, businesses and individuals.
If you have an energy saving project that you think would be eligible for Carbon Trust Funding, call Greenvision today on 0115 854 7498.
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Enhanced Capital Allowance (ECA)
- Enhanced Capital Allowances (ECAs) are a straightforward way for a business to improve its cash flow through accelerated tax relief. The ECA scheme for energy-saving technologies encourages businesses to invest in energy-saving machinery specified on the Energy Technology List (ETL) which is managed by The Carbon Trust on behalf of Government.
If you’re a business that pays income or corporation tax, you’ll be able to claim 100% first year capital allowance on a product if it’s on the ETL at the time of purchase so it’s a great time to invest!
What products are currently on the ETL?
There are hundreds of technologies currently on the ETL, including:
- · Air to air energy recovery
- · Automatic Monitoring and Targeting (AMT) equipment
- · Boiler equipment
- · Combined heat and power (CHP)
- · Compressed air equipment
- · Heat pumps
- · Heating Ventilation and Air Conditioning (HVAC) equipment
- · High speed hand air dryers
- · LED Lighting
- · Pipework insulation
- · Refrigeration equipment
- · Solar thermal systems
- · Uninterruptible power supplies
- · Warm air and radiant heaters
- · Waste heat to electricity conversion equipment
Greenvision Energy can help you through the process of applying for the scheme and recommend the green technologies that will give you the best return on your investment.Act now to access the Enhanced Capital Allowance (ECA) and start saving energy today! Call Greenvision Energy on 0115 854 7498.
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
- Salix Funding
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Salix funding provides 100% interest-free capital to public sector organisations across the UK to help implement the installation of modern, energy efficient technologies and replacing dated, inefficient technologies, so cutting carbon emissions and reducing energy bills. Salix is a not-for-profit organisation funded by the Department for Energy and Climate Change, the Department for Education, the Welsh Government, the Scottish Government and Higher Education Funding Council for England which aims to remove the common barrier of upfront cost for those interested in green technology, by making this capital easily accessible.
Greenvision Energy can help you through the process of applying for this funding and will recommend the green technologies that will give you the best return on your investment. Act now to access Salix funding and start saving energy today! Call Greenvision Energy on 0115 854 7498.
Sign up to our monthly newsletter to hear about the latest funding streams and great energy saving solutions! Click here to sign up.
