New ‘cashback’ scheme to help SMEs improve energy efficiency announced by Scottish Government

Small business in Scotland who are keen on saving energy but can’t afford putting in energy saving measures will be able to apply for funding to do so, as the Scottish government has partnered with Zero Waste Scotland to launch a ‘cashback’ scheme for funding SMEs.

The scheme enables small and medium-sized businesses (SMEs) to apply for an unsecured, interest-free loan of up to £100,000 in order to install energy-saving technology. Businesses which are successful in applying for one of the loans will also receive 15% cashback on the value, further incentivising them to implement measures to reduce their energy use and carbon emissions.

The incentive is open to companies from across all sectors.

Scotland’s minister for Business, Innovation and Energy Paul Wheelhouse added that the launch of the scheme aligns with the commitments outlined in the Scottish Government’s Programme for Government and Energy Strategy, which notably includes a pledge to funnel an extra £1.5bn funding per year into renewable energy projects.

HeatingSave – the perfect energy and money-saving solution for SMEs

SME owners who’re particularly worried about the adverse effects energy price hikes might have on their bottom lines should seriously consider investing in a high-end solution designed specifically to help them optimize their energy consumption, and this is specifically where the HeatingSave Building Management System could help.

By using data coming from a variety of sources (boiler flow and return sensors, internal and external temperature sensors, occupancy sensors, humidity sensors, etc.), HeatingSave optimizes a building’s boiler-based central heating system and helps customers save anywhere between 20 and 30%+ on their bills.

HeatingSave is also approved to work and save fuel within the Energy Technology List, which is managed by the Carbon Trust on behalf of the Government. It is also approved by the Department of Energy & Climate Change and the Energy Savings Trust and was specified by the Building Research Establishment for the energy efficient homes retro-fit program, called The Greenhouse Project.