Renewable Heat Scheme For Scotland’s SMEs

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Renewable Heat Scheme For Scotland’s SMEs

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A £4 million cashback grant scheme to encourage small and medium-sized businesses (SMEs) to improve energy efficiency and install renewable heating has been launched by the Scottish Government.

SMEs will be able to apply for a 75% cashback grant of up to £10,000 towards the cost of a renewable heating system and a further 30% cashback grant up to £10,000 for energy efficiency measures.

Scotland’s Energy Minister, Paul Wheelhouse, said:

“We recognise that SMEs often do not have the resources available to invest in energy efficiency and renewable heating measures, an issue that has been compounded by additional financial pressures caused by the coronavirus (COVID-19) pandemic.

“We have already supported thousands of businesses to make the most of renewable heat and energy efficiency measures through financial support and access free advice.

“Through this new cashback scheme, SMEs could receive up to £20,000 of Scottish Government support, helping businesses invest in their future by improving energy efficiency, reducing energy usage and ultimately increasing their competitiveness.

“This investment is part of our ongoing activities to reduce emissions from heating our buildings and to support a green economic recovery from COVID-19.”

For More details, click here.

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