Grant funding for businesses looking to switch to electric vehicles

Businesses in Cambridge are now able to access grant funding to replace their existing vehicles with electric vehicles, thanks to capital grants now available through the Business Energy Efficiency Programme (BEECP).

This week is #GreenGB week, which focuses on how businesses can make a positive contribution to climate change.

BEECP can potentially provide grant funding up to a maximum of £20,000 or 25% of the total costs, to eligible businesses for energy efficiency measures such as LED lighting, heating and insulation,  and as of the 1st October,  they are now able to offer financial assistance to help eligible businesses to  buy electric vehicles or invest in a solar PV renewable energy system.

Antony Gough, Project Manager at BEE, explained; “To date, we’ve awarded over £150,000 in grants to businesses within the Cambridgeshire area, enabling them to implement energy efficiency projects which not only improve their sustainability credentials, but reduce their operating costs too.  To be able to extend our offering to include electric vehicles and solar PV means that we are hopefully able to assist even more businesses.”  

Businesses are urged to register their interest whilst the funding is still available.

There are general eligibility criteria that the business will need to meet to qualify for support from BEECP, but 95% of businesses are eligible.  Business can find out more and register their interest at www.beecp.org/sign-up or by emailing [email protected] or calling 01733 882549

 

About Business Energy Efficiency Cambridge & Peterborough

 The Business Energy Efficiency Cambridge & Peterborough programme (BEE) aims to provide support and grants to small businesses to help catalyse investment in energy efficiency initiatives, to reduce carbon emissions and realise the associated business benefits including; reduced operating costs, increased competitiveness, business growth and resilience.

 The project is offering two strands of support to help businesses improve energy efficiency:

  • Energy Reviews - A fully funded on-site review to help identify, prioritise and quantify opportunities for cost and carbon savings for businesses. Additional support will be available to help businesses identify specific solutions and products, with detailed feasibility studies as required.
  • Capital Grants - Qualifying businesses may be able to apply for a capital grant – up to a maximum of 25% or £20,000, whichever is the lower - to help catalyse investment in products and solutions that will reduce energy use.

The project is bringing together experienced organisations and energy efficiency practitioners, led by the charity PECT, and delivered in partnership with Nwes. The project is part funded by the European Regional Development Fund (ERDF). For more information, visit www.beecp.co.uk.

European Regional Development Fund

The project is receiving up to £1,368,576 of funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Communities and Local Government is the Managing Authority for ERDF. Established by the European Union ERDF funds help local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations.  For more information visit https://www.gov.uk/european-growth-funding



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