Free training and support to help cut costs and save energy for local businesses

14th September 2016

Three Rivers District Council is hosting a training workshop being run by the Carbon Trust to help local businesses reduce their energy bills and access the funding and support. The Carbon Trust has launched a new fund providing vital capital for smaller businesses to replace old, power-guzzling equipment, together with expert advice to boost the efficiency and productivity of businesses across England, Scotland and Wales. 

Cllr Stephen Giles-Medhurst, Chair of Sustainable Development Planning and Transport Committee says: “We were keen to support a local workshop to help local businesses to reduce their costs and help improve their energy efficiency.”

The £7m fund has been made available to SMEs on a first come-first served basis, and will offer energy saving training, cost saving assessments, implementation advice, and capital support for the installation of energy efficiency equipment. Eligible companies can apply for a capital contribution of between £750 and £10,000 to cover up to 15% of an energy efficiency project or equipment replacement cost.

The fund can also be used to purchase a range of equipment, including energy efficient lighting, Heating, Ventilation and Air Conditioning (HVAC) and energy efficiency controls – vital equipment across a range of business sectors, including manufacturing, retail, and hospitality.

The scheme is expected to support 1,000 to 2,000 smaller businesses across the country. It is expected to enable participating businesses to invest £55m in energy saving projects which would deliver them lifetime energy savings of almost £130m. The programme will focus on high quality implementation to ensure the best energy efficiency opportunities are fully realised. 

Hugh Jones, Managing Director, Advisory, at the Carbon Trust says: “Our experience of working with thousands of companies across the UK indicates that year-on-year savings of 20% to 30% can be delivered through action on energy efficiency. We’d encourage smaller companies to apply to make the most of the fund on offer in order to realise significant savings on their bottom line.”

To date, the Carbon Trust has saved British business £5.5bn and 55Mt CO2 through advice and financial support.  The workshop will enable local small and medium sized businesses to learn more about the Green Business Fund, and how to identify opportunities to reduce energy costs.

The FREE workshop will be held from 9.30 - 11.30am on 6 October 2016 at Three Rivers District Council, Three Rivers House, Northway, Rickmansworth, WD3 1RL. Further details and information on how to register can be found here. Further information on how to apply for the Green Business Fund can be found here.