Energy Efficiency Funding
To assist qualified small and medium-sized businesses (SMEs) in the West Midlands region, including Warwickshire, in lowering their energy expenses and carbon emissions, the Business Energy Advice Service (BEAS) offers free energy audits and match-funded capital grants. The program, which is funded by the Department for Energy Security and Net Zero (DESNZ) of the UK Government, provides professional guidance on energy efficiency and encourages investments in things like insulation or energy-efficient lighting.
Small and medium-sized businesses (SMEs) in the West Midlands can receive free energy assessments and match-funded incentives under the UK’s Business Energy Advice Service (BEAS) trial program. The program’s goals are to assist companies in cutting carbon emissions, lowering energy expenses, and spurring expansion.
BEAS offers services including free energy audits and match-funded grants for eligible businesses. Eligible projects for grants may involve installing solar panels or upgrading heating systems. The program also provides access to a Green Business Network and events focused on sustainability.
The process involves online registration, a free energy assessment, and a grant application.
BEAS Eligibility Criteria
To qualify for the BEAS programme, businesses must meet the following requirements:
- Energy Consumption: Businesses must use at least 25,000 kWh of energy (electricity and/or gas) annually. If businesses do not know their usage, they can estimate it using their energy costs and unit rates.
- SME Classification: Businesses must have fewer than 250 employees and an annual turnover of less than €50 million, or a balance sheet total under €43 million.
- Business Type: Must be a commercial entity or profit-seeking enterprise, such as a partnership, limited company, or Community Interest Company (CIC). Sole traders are not eligible.
- Commercial Address: Businesses must operate from a registered commercial address and not a residential property.
- Energy Bill Responsibility: Applicants must be responsible for paying their business energy bills for at least 12 months.
- Business Activity: Companies must be officially registered and active for at least 12 months, with financial records demonstrating operational activity.
Similar grants are available across other councils and mayoral authorities across England, Scotland and Wales – ‘lead local authorities’, working closely with local partners and the Scottish and Welsh governments.
For more information contact us to check your eligibility