Sale of Electricity can earn 5p/kWhr Summer 10p/kWhr Winter
Sale of ROC worth £43/ROC at last Auction 2 ROC/MW of electricity Generation.
Savings against your current cost of electricity.
Grants and Funding
There are various funding streams available when considering the installation of a wind turbine. We would always advise you to seek information from the grant scheme helplines listed below or your local enterprise company so that you may take advantage of funding and advice that may be available in your area.
Wind Turbine funding for Domestic Customers and Community Groups in the UK
There are two major schemes that apply and run on roughly the same lines which offer grants for communities and householders. There are some differences between the schemes in Scotland and the rest of the UK both schemes offer useful advice on how to get started:
Low Carbon Buildings Programme as detailed below.
- 30% grant for householders with maximum grant set at £4,000.
- Up to 100% funding (in exceptional circumstances) for non-profit community groups.
- Up to £10,000 for feasibility studies.
- An accredited supplier must supply and install approved equipment
- Not allowed to be used in tandem with other government funding (reason given is efficiency of government spending).
If you live in Scotland, England, Wales or Northern Ireland information is at http://www.lowcarbonbuildings.org/ and is known as the Low Carbon Buildings Programme - run by the EST (Energy Saving Trust) on behalf of the DTI.
- Grant of £1,000 per kW of wind turbine capacity installed up to a maximum of £5,000.
- Tied in with other energy saving measures to reduce the buildings total carbon footprint.
- 50% funding for non-profit community groups with funding capped at £100,000.
- An accredited supplier must supply and install approved equipment .
- Not allowed to be used in tandem with other government funding (reason given is efficiency of government spending).
www.lowcarbonbuildings.org
Funding for Non – Profit Organizations, Communities, Educational Centres, Schools and Visitor Centres
The Green Energy Trust is available via Scottish Power to projects anywhere in the UK. Application forms and further details are available from Claire Doherty (Scottish Power): mailto:claire.doherty@scottishpower.com or Tel 0141 568 4615
- Up to 50% available.
- Educational and high visibility projects within the community are given priority.
- Award meetings three times a year: typically April, September & December – applications have to be returned 7-weeks prior to award meetings.
LEADER PLUS or LEADER+ is a European Community Initiative for assisting rural communities in improving the quality of life and economic prosperity in their local area. Twenty five areas in England benefit from the funding. Further information is available on www.defra.gov.uk/rural/leader.
Interest Free Loans for Business
Loan Action Scotland provides loans from £5,000 to £50,000 at 0% fixed interest. These loans attract no interest or arrangement charges so, what you borrow is what you repay. Loan Action Scotland loans can be repaid over a period of up to five years with the aim of being 'capital neutral' - the savings from the new energy saving equipment will help cover the cost of repayments.
Funded by the Scottish Executive, the scheme is managed by The Energy Savings Trust and aims to support companies taking action to reduce their energy bills. http://www.est.co.uk/
Funding for Farmers In England
DEFRA - Rural Enterprise Scheme and the Objective 1 Programme in appropriate areas of England. Assistance is only available for schemes that form part of the development and improvement of an agricultural business. Details are available from the Defra website on www.defra.gov.uk/erdp/schemes/res and www.defra.gov.uk/rural/structure respectively.
Contact Us Home