News > New Grant Launched To Help Businesses Become Energy Efficient And Save Money
Tees Valley Combined Authority | Published on: 10th March 2021
Tees Valley Mayor Ben Houchen is urging small and medium-sized businesses from across the region to take advantage of new funding and advice to help them become more energy efficient and save money, following the launch of a new scheme today (March 10).
Companies could claim back up to 45% of the upfront costs of their energy-saving project. Example projects that would be considered include the installation of LED lighting throughout a business premises, the upgrading of head pumps or air systems or investments in renewable energy sources.
Business owners can also apply for a fully-funded energy efficiency and renewables audit to see how they can improve their day-to-day operations, identify money saving ideas and lessen their environmental impact.
Alongside independent expert advice from technical specialists, the scheme offers a host of resources including good practice guides, videos, workshops and events on a range of topics.
Mayor Houchen said: “We have huge clean energy projects under way across Teesside, Darlington and Hartlepool in everything from carbon capture to hydrogen, but we shouldn’t ignore how we can all take those smaller steps to become more energy efficient and save money.
“Our brilliant small and medium sized businesses are the lifeblood of our economy, but many are facing difficult times as our economy recovers from the coronavirus pandemic. As business bosses are looking at any and all ways to save money, this scheme will help them consider how they operate and what could be done to make sure they’re not losing cash due to energy inefficiency.
“I’d urge all SMEs to get in touch and apply for an audit, and find out if they are eligible for the cash they need to make changes for the good of their business.”
To find out more about the SME Energy Efficiency Scheme, visit www.TeesValleyBusiness.com/SMEES
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