Struggling to find energy efficiency funding?
We’re here to guide your business in finding financial support that will help reduce energy bills and carbon emissions
Great news! You’ve downloaded our Workplace Energy Efficiency Checklist and have started on your energy efficiency journey, reducing energy bills and cutting carbon emission with some quick-win solutions.
You’ve now reached that point where you are ready to get going on more substantial and long-term green investments, but are finding that these projects come with a higher price tag. And your business is facing the challenge of finding the funding to turn your plans into reality – even though these projects have the potential to greatly reduce carbon emissions.
Listed below are a variety of funding options that we hope will be of use.
Note: We recommend that before applying for any loan finance, you should speak with an independent financial adviser to see whether a green loan is suitable for your business.
What funding is available?
Where to start
Many grants and loans are location specific and it’s often best to:
Visit the Government’s website to check guidance. Funding rounds tend to come up every Spring and Autumn and can support the deployment of energy efficiency technologies to reduce industrial energy consumption and deep decarbonisation projects. Your business must be operating in an industrial sector listed in the eligibility criteria.
Search for updates on Government support to reach net zero emissions by 2050. Almost £5 billion of funding has been made available to help UK businesses become greener as part of the Government’s commitment.
Large and medium businesses
Funding from Lloyds Bank can support a broad range of investments in sustainable business – from small improvements in environmental impact, right through to large-scale renewable energy infrastructure.
Loans are available for organisations with either a £3-15 million turnover, or a turnover of over £25 million, to assist with:
- Reduction in carbon and greenhouse gas emissions for core business processes, properties and infrastructure.
- Energy efficiency, renewables, environmental sustainability improvements or production of related products.
- Investment in low carbon vehicles and transport.
Small and medium businesses
Ofgem offers an updated guide for small business energy grants, schemes and advice to lower your carbon emissions and get more efficient with your commercial energy use.
Your business must meet the European Commission’s definition of an SME, which means having fewer than 250 employees and a turnover of less than €25m.
- The loan is only available for sustainable green projects – check if your project’s eligible.
You could borrow money to fund all green changes to your business and energy efficiency projects, including:
- Harnessing and storing solar and wind energy
- Improving EPC ratings
- Upgrading to eco-friendly machinery
NatWest has recently announced a new Green Loans proposition to offer borrowing with no arrangement fee to qualifying SMEs investing in eligible clean buildings, energy, transport and agriculture.
Green loans and green asset finance are due to be open for applications from 18 February 2022.
Available to UK SMEs with a group annual turnover of up to £25m.
Charities and non-profits
Oxford Community Impact Fund (small and medium grants – Oxford City only)
There is £5,000 (per Medium Grant) and £1,000 (per Small Grant) for non-profit-making organisations, including schools and colleges, to pursue a Zero Carbon future for Oxford.
They are looking for projects that help deliver the following key interconnected priorities, in line with the City Council’s Strategy:
- Support thriving communities
- Enable an inclusive economy
- Pursue a zero carbon Oxford
- Deliver more, affordable housing
Asda Foundation grants (opens PDF) will be between £10,000 and £25,000 investing in community spaces and places and projects must fall into at least one of the following categories: 1. Building Repairs 2. Building Development 3. Outdoor Development. Stage 1 closed 19 March 2023.
There is £25,000 available for charities and community interest companies (CICs) responding to the climate emergency, and £2,500 for voluntary sector organisations, and includes support for projects responding to the climate emergency & promoting sustainability.
Grants for projects up to £25,000, for charities only. The project must help the community and the grant cannot part fund a project.
They are awarding up to £50,000 for charities or social enterprises to speed up the transition to net zero.
Local charities and community projects to the Blenheim Estate are invited to apply for bursaries and green loans. The scheme focuses on different topics and can support sustainable projects who are doing something positive and practical to address climate change.
The Green Loan Scheme currently offers zero-interest loans of up to £10,000 for any constituted body ie parish or town councils, schools or charities within Oxfordshire
£500 to charities for climate emergency & promoting sustainability. Apply once per year.
For buildings within 10 miles of a landfill site, so can apply for an FCC grant of between £2,000 – £100,000 which will support community projects.
For buildings within 10 miles of Ardley Waste Processing Plant, nr Bicester grants of between £2,000 – £100,000 for not-for-profit organizations with projects that protect the environment and maintain, repair or restore a building of historic or architectural interest that is open and accessible to the public.
Loan finance between £20,000 to £150,000 for social enterprises and charities in England, for energy efficiency and renewable energy installation.
Sources of charitable trust and foundation grant funding for UK church projects & buildings (repairs, capital, construction, renovation and restorations). You’ll find more using the free Funding Finder database, using the Faith category, and 50+ funder lists.
How we can support you
When applying for grants and loans funders like to see detailed proposals covering how you intend to spend the money applied for and what impact it will have. If your business is located in Oxfordshire, our expert team can offer investment advice when you apply for workplace energy efficiency funding.
Our comprehensive energy efficiency assessment can strengthen your funding application by offering an expert analysis of your workplace building’s energy usage and performance. It also estimates the potential energy savings and carbon emissions reduction achievable through your planned upgrades.
Quantifying the positive environmental impact your project will make can enable you to gain grants or specialist green loans with favourable interest rates.
Now is the time to transform your business with Energy Solutions Oxfordshire’s energy efficiency service. We’re here to guide you in reducing your energy costs, cutting carbon emissions, and demonstrating to customers, partners, and the public your commitment to the fight against climate change.
Stay up-to-date: If your business is in Oxfordshire, be sure to sign-up for our Newsletter for updates on funding, energy efficiency advice.
Please note: If you decide to apply to a funder for a grant or loan always check with the specific website regularly for any changes to criteria, deadlines or for any additional advice or information that has been posted.This page was last updated in February 2023.
Become energy champion for your workplace. Download your free copy of our Workplace Energy Efficiency Checklist
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