Funding and investment

Funding

The Energy Hub aims to provide here a comprehensive list of the various sources of funding aimed at local authorities and businesses who want to deliver local energy projects in England.

If you require further advice or know of any additional sources, please contact us info@energyhub.org.uk. You should also look at the Investment information on this website for a fuller understanding of the range of financing opportunities available.

Heat

Heat Networks Investment Project

The Heat Networks Investment Project (HNIP) is a government funding programme that aims to increase the number of heat networks being built, deliver carbon savings and help create the conditions necessary for a sustainable heat network market to develop. HNIP will provide £320 million of capital funding to gap fund heat network projects in England and Wales. The scheme is open to the public, private and third sectors. Funded by the Department for Business, Energy and Industrial Strategy.

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Non-Domestic Renewable Heat Incentive (RHI)

The Non-Domestic Renewable Heat Incentive (RHI) is a government environmental programme that provides financial incentives to increase the uptake of renewable heat by businesses, the public sector and non-profit organisations. Eligible installations receive quarterly payments over 20 years based on the amount of heat generated. Funded by the Department for Business, Energy and Industrial Strategy.

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Industrial Heat Recovery Support Programme

The Industrial Heat Recovery Support (IHRS) programme is designed to encourage and support investment in heat recovery technologies. It helps businesses of any size to identify ways to recover and reuse heat that would otherwise be wasted, thereby lowering fuel costs and cutting emissions. The programme has been extended until March 2022. Two additional assessment windows are now available in 2020 with deadlines at the end of January and July. Third parties can now apply as main applicants. Funded by the Department for Business, Energy and Industrial Strategy (BEIS).

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Electric vehicles

On-street Residential Chargepoint Scheme guidance for local authorities

Local authorities can apply for funding to help with the costs of procurement and installation of on-street charging points for residential use. This guidance explains who can apply for the funding, how much funding is available, and sets out the application process and timetable. Funded by the Office for Low Emission Vehicles.

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Electric Vehicle Workplace Charging Scheme

The Workplace Charging Scheme is a voucher-based scheme that provides support towards the up-front costs of the purchase and installation of electric vehicle chargepoints. The contribution is limited to the 75% of purchase and installation costs, up to a maximum of £500 for each socket, up to a maximum of 20 across all sites for each applicant. Guidance is available for all users of the scheme. This includes applicants (businesses, charities and public sector organisations), electric vehicle chargepoint installers and manufacturers of electric vehicle chargepoint equipment.

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DfT Electric Bus Town Funding Competition

Local authorities can apply to the Department for Transport to become the UK’s first all-electric bus town or city. The winning area(s) will receive up to £50 million to help pay for a brand-new fleet of electric buses, reducing emissions and cleaning up the air in their community. Bids must be submitted by
30 April 2020.

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Public sector

Salix Finance

Salix Finance provides interest-free Government funding to the public sector to improve energy efficiency, reduce carbon emissions and lower energy bills. Salix is funded by the Department for Business, Energy and Industrial Strategy, the Department for Education, the Welsh Government and the Scottish Government.

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Business

Bee Anglia

The Business Energy Efficiency (BEE) Anglia programme provides free support to small and medium sized enterprises (SMEs) in Suffolk and Norfolk to help them become more energy efficient. Supported by the European Regional Development Fund.

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Low Carbon Across the South East (LoCASE)

The Low Carbon Across the South East (LoCASE) programme, supported by the European Regional Development Fund, provides free support to help SMEs become more competitive, while reducing their carbon emissions. This includes grant funding towards energy efficiency measures. LoCASE is delivered across the South East Local Enterprise Partnership (SELEP) area which includes Kent, Medway, Essex, Thurrock, East Sussex and Southend-On-Sea. The programme has an extension agreed until end of March 2020 and you can register your interest via the button below.

Register here


Innovation

Industrial Strategy Challenge Fund

The Industrial Strategy Challenge Fund provides funding and support to UK businesses and researchers. The fund, which is delivered by UK Research and Innovation, is part of the government’s £4.7 billion increase in research and development over 4 years. It is designed to ensure that research and innovation takes centre stage in the government’s Industrial Strategy.

Government has worked with businesses and academics to identify the core industrial challenges where the UK has a world-leading research base and businesses ready to innovate and where there is a large or fast-growing and sustainable global market. Challenges are aligned with the Industrial Strategy’s four grand challenges, of which clean growth (economic development through low carbon technologies and the efficient use of resources) is one.

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MCS Charitable Foundation

The foundation funds projects that accelerate the adoption of renewable energy and low carbon technologies. Projects must have a national reach or develop/demonstrate an innovative approach that could be replicated, adapted or scaled up. Grants are usually £5,000 – £50,000, or up to £100,000 for exceptional projects. Applications are accepted from public organisations, not-for-profit companies and charities. Submission deadlines are 20 April 2020, 27 July 2020 and 19 October 2020.

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