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Home Renewable Loans Scheme

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Personal Interest Free Loans
Personal Interest Free Loans are available for both Solar Hot Water (Thermal) and Solar Photovoltaic (PV), from the Energy Savings Trust Scotland, however only on a case by case basis.  Please contact the Energy Savings Trust Scotland (0800 512 012) directly for further information.

 

Home Renewable Loans Scheme (Interest Free Loans)

The Scottish Government has today (22/06/2012) launched extra money to help householders install new green heating systems in their homes as part of a strategy to encourage more people to generate clean green energy.

The extra £5 million will be available from August 2012 to householders as loans of up to £10,000 to fund renewable heat technology projects such as solar thermal.

For more information please visit: http://www.energysavingtrust.org.uk/scotland/Take-action/Grants-and-offers/Home-renewables-loan-scheme

 

Small Business Interest Free Loans
The Energy Savings Trust offers 0% fixed rate small business loans of £1,000 to £100,000 help businesses to install renewable energy technologies or measures that reduce energy consumption. Funded by the Scottish Government, the scheme aims to support businesses that are looking to replace old and inefficient technology as well as install energy efficiency measures.

Who can apply
The scheme is aimed at Scottish businesses that fall within the EC definition of Small and Medium-sized Enterprise (SME), private sector landlords, not-for-profit organisations and charities.However, businesses operating in the fisheries sector do not qualify.

What are the benefits?

  • No set up charges
  • An immediate and ongoing reduction in energy costs
  • Significant savings compared to other forms of finance
  • Investment can be set against capital allowances
  • Some technologies are eligible for Enhanced Capital Allowances; for more information visit www.eca.gov.uk.

Are Solar Hot Water (Thermal) and Solar Photovoltaic (PV) eligible?
Yes, both Solar Hot Water (Thermal) & Solar Photovoltaic (PV) are eligible.
However please be aware that any electricity-generating renewable system, which the energy review suggests will result in the site becoming a net exporter of electricity over the course of a year, is not eligible for a loan.  Please contact an Energy Savings Trust Business advisor (0800 512 012) to confirm if you are eligible for a Small Business Interest Free Loan and click on the below link for further information:
Energy Savings Trust Small Business Interest Free Loans


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