Carmarthenshire - UK Shared Prosperity Fund: Business Renewable Energy Fund

Item detail

Description

Capital grants are available to businesses in Carmarthenshire towards the purchase of renewable energy systems for their business premises, as part of the wider UK Shared Prosperity Fund programme.

Maximum value
£ 25,000
Application deadline
None specified
Status
Closed to Applications

Background

The Business Renewable Energy Fund is funded by the UK Government Shared Prosperity Fund and Carmarthenshire County Council.

Objectives of Fund

The funding is intended to support local businesses to be sustainable and to provide assistance for them to grow and prosper while helping them on their net zero carbon journey.

Value Notes

Grants of between £1,000 and £25,000 are available, covering a maximum of 50% of total project costs.

All expenditure associated to the grant must be completed and claimed by 30 November 2024.

Match Funding Restrictions

Applicants must identify at least 50% of their total project costs from other sources.

Who Can Apply

Applications will be accepted from new or existing businesses located in or planning to locate within Carmarthenshire.

Support is aimed primarily at existing businesses, operating in, or servicing the following growth and foundation sectors:

  • Advanced Materials and Manufacturing.
  • Construction.
  • Creative Industries.
  • Energy and Environment.
  • Finance and Professional Services.
  • Information Technology and Telecoms.
  • Life Sciences.
  • Food & Drink.
  • Tourism.
  • Retail.
  • Care.

Applicants must either:

  • Own the freehold, or
  • Hold a lease with a seven-year minimum period remaining after the final grant payment date. Applicants must secure their landlord's written consent for the proposed works.

Location

Carmarthenshire

Restrictions

The following business sectors are ineligible for support:

  • Primary agriculture production.
  • Forestry.
  • Aquaculture.
  • Fishing.
  • Statutory services, eg health and education.

Eligible Expenditure

The grant will apply to capital expenditure within an approved project and can include:

Power Systems

  • Small scale, single wind turbine.
  • Solar photovoltaic panels (roof mounted/ground mounted).
  • Solar photovoltaic battery.
  • Grid linked battery storage system (where the tariff is with a renewable energy supplier).
  • Hydro-electric.

Heating Systems

  • Air Source Heat Pump (Air to water and air to air).
  • Ground Source Heat Pump (vertical, horizontal, diagonal and radial).
  • Solar thermal panels (roof mounted/ ground mounted).

Note: Installers and equipment must be MCS (Microgeneration Certification Scheme) accredited.

How To Apply

Information about any future funding round will be provided when it becomes available.

Guidance notes and the Expression of Interest form can be found on the Carmarthenshire County Council website.

Contact information

For all enquiries contact: