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Commercial Solar PV Panels Grants And Funding

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Solar panels are becoming a popular choice for many businesses who are looking to decrease their environmental impact and reduce their energy bills. However, the upfront costs of solar panel installations can be high, making it difficult to afford.

Luckily, there are various grants and funding options available across the country to help your business make the jump to a sustainable energy resource.

If you want to learn more about these grants, don’t hesitate to get in touch with our team. We are experts at everything to do with commercial solar panels, so we can explain what is available to you and answer any questions. Call us on 0331 6302225.

Hospital Roof and Solar Panels
Hospital Roof with Solar Panels

The Energy Transformation Fund

The Energy Transformation Fund is a government initiative which aims to help businesses with high energy consumption cut their energy bills and carbon emissions.

The fund allows businesses to invest in optimising their buildings for energy efficiency and install low-carbon technologies, such as commercial solar panels.

Launched in 2020, the initiative is in its third phase of funding, with £185 million available until 2028.

The UK Shared Prosperity Fund (UKSPF)

The UK Shared Prosperity Fund (UKSPF) replaces the EU Structural Funds and includes the Low Carbon Project, which is a subsection of the fund working with businesses across the country to invest in energy-saving interventions.

The fund is expected to run until 2025, providing areas with funding and opportunities to improve their area and the businesses within it.

solar panel service
Solar Panels on a Flat Roof

Power Purchase Agreements

An alternative to government funding is choosing a Power Purchase Agreement (PPA).

These schemes mean you don’t pay any of the installation costs. Instead, the company (such as ourselves) own the system that is fitted, and you pay a discounted, fixed rate for the energy that is generated by the solar panels.

Opting for a PPA means you can still benefit from having solar panels, but you don’t have to find the upfront investment, nor do you need to worry about maintaining the system.

Smart Export Guarantee Scheme

Across the country, there are also initiatives to incentivise you to choose solar panels. One of these is the Smart Export Guarantee scheme.

This helps businesses that have invested in a commercial solar panel system and an energy storage battery to recuperate their costs quicker by paying for their excess energy.

Solar Panel Installation for Hadleigh Lodge Practice
Solar Panels on Farm Barn

Somerset

North Somerset Council are working with local businesses to address the causes and consequences of climate change.

They are doing this through their Net Zero Business Grants, which are offering up to £30,000 towards installing renewable energy sources and energy-efficient technologies.

The applications are a two-step process:

  1. Register for a free carbon survey
  2. Full application to the Grants Programme

Dorset

Dorset Council are also running a Low Carbon Dorset fund that offers free guidance and funding for businesses looking to reduce their carbon footprint and save on their energy bills.

Supported by the UKSPF, the grant can cover up to 50% of your low-carbon project, which costs between £11,000 and £75,000.

Yacht Club Solar Panel Installation
Solar Panels for Offices

Berkshire, Bedfordshire and Northamptonshire

Across Berkshire, Bedfordshire and Northamptonshire, the Low Carbon Workspaces initiative is available.

This offers up to £5,000 to invest in carbon-saving upgrades, such as solar panel installations, energy-saving battery fittings and more.

It is available to SMEs that want to transition away from using fossil fuels and are looking to gain energy independence from the National Grid.

Sussex And Hampshire

In the past, both Sussex and Hampshire have had financial schemes set up to help businesses in the area fund the installation of solar panels.

While they are currently closed to applications, it is worth keeping an eye out for them re-opening or new initiatives starting up.

Meon Springs Solar Installation
ProStar Energy Engineers carrying a Solar Panel

Get Funding Advice From Our Experts

The findings and grants available across the country are constantly changing, so sometimes, it can get a bit confusing when you are trying to research your options.

But don’t worry! The team at ProStar Energy are at the end of the phone to help, no matter where you are or what sector you are working in, we want to help you achieve your sustainability goals.

Our team monitor all the available initiatives and keep an ear to the ground for new ones being set up. This means we can assist you find funding that will make solar panel installation more affordable for you.

Give us a call today at 0331 6302225 or complete our online contact form to request a callback from us.

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Check if you are eligible for FREE Solar with PPA
and see how much your business could save!

Ready to take the next step? Book a free property survey online or give us a call on 0331 6302225 today. Our team is here to support and guide you throughout the entire process, so let’s get started!

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