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The Marches Energy Grant (MEG) offers free advice, energy assessments and grants for energy efficiency and renewable energy measures to SMEs from all sectors in the borough of Telford & Wrekin.
Assessments are for SMEs who:
Grants worth up to £60,000 are available for eligible businesses. Up to £100,000 in match funded grant is also available to eligible businesses implementing eligible energy efficiency measures through the pilot Business Energy Advice Service fund (this excludes renewable energy projects).
To be eligible for the programme you must be:
Sectors not eligible for support include:
How will it work?
Step 1: A free assessment offering to assess your energy usage, equipment, premises, processes and performance to find opportunities for improvements in energy efficiency. The scale of the assessment will vary according to need. The assistance could range from 2hrs desktop advice for very simple proposals, through to a deep-dive, 35 hour assist for complex or large sites.
Step 2: Following the assessment, you will be sent a report containing recommended actions. You may then have the opportunity to apply for a grant for eligible projects worth up to £60,000 (renewables) or £100,000 (energy efficiency). The grant intervention rate is up to 70% and your business contribution is a minimum of 30% for the project.
Step 3: If your application is successful, we will require you to sign an agreement detailing the grant conditions. Once signed and returned you can carry out the approved activities.
Step 4: We will monitor your project to ensure that it is on track.
Projects Supported by previous schemes
The MEG replaces a number of previous EU funded schemes, which have helped to identify potential financial savings of £1.8M, install over 2MW of renewable energy generation, and saved around 4,500tonnes of CO2e emissions from the Marches region.
These have seen a wide range of projects, including:
If you are interested in this support programme – please click here to make an enquiry.
Watch our video to find out nore about the funding and how it could benefit your business:
The Marches Energy Grant is part-funded by the UK government through the UK Shared Prosperity Fund (UKSPF), the Pilot Business Energy Advice Service (BEAS) and Marches Local Enterprise Partnership (LEP). UKSPF is individually managed by Herefordshire, Shropshire and Telford & Wrekin Councils.
The Pilot Business Energy Advice Service (BEAS) offers free energy assessments and grant funding to implement energy efficiency measures to small and medium businesses in the West Midlands. The programme is funded by the Department for Energy Security and Department for Levelling Up, Housing and Communities.
The MEG project builds on the success of previous programmes such as the Marches Renewable Energy (MarRE) fund and the Business Energy Efficiency Project (BEEP) grant scheme.
Invest Telford, Telford & Wrekin Council
invest@telford.gov.uk
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