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The fund will provide capital grants covering up to 70% of eligible project costs, with businesses required to contribute a minimum of 30% match funding.
The total available budget for this fund is £25,000
Energy assessments will cost from £500 -£1000 depending on size of business.
The fundwill operate on a first come first served basis and will close for applications once the budget is fully committed.
Energy assessments will be allocated on a first-come, first-served basis, subject to eligibility and completeness of application
The total available budget for this fund is £70,000
Each grant award will be based on no more than 70% of total eligible costs and capped at £10,000 per SME
Funding will be allocated via selection from the energy assessment reports, subject to a grading panel assessing restrictions and cost and CO2 savings.
Due to the short programme timescales:
Applicants must
Be classified as a small or medium-sized enterprise (SME)
Be operating within the Vale of Glamorgan – registered business address in VOG
Own the freehold or hold a lease with a seven year minimum period remaining after the grant payment date. You will need to secure your landlords written consent for the proposed works
Be financially solvent and able to demonstrate their ability to provide match funding and upfront all costs
Not have already commenced any proposed recommendations prior to any capital grant offers.
Be within their funding subsidy threshold
The grant will apply to capital expenditure within an approved project and can include
Solar photovoltaic (PV) systems
Battery linked to solar panels
Air Source Heat Pump (Air to water and air to air)
Ground Source Heat Pump (vertical, horizontal, diagonal and radial)
Associated installation, commissioning, and electrical works directly relatedl to the eligible technologies at Vale of Glamorgan Council discretion.
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