Scottish Government 15% cashback on business energy efficiency improvements
The Scottish Government, together with Zero Waste Scotland, announced a new ‘cashback’ scheme for SMEs across Scotland. Eligible SMEs can apply for an unsecured, interest-free loan of up to £100,000 and receive 15% cashback on the value (*up to £10,000) to make energy efficiency improvements.
The Scottish Government is committed to supporting businesses across Scotland to improve their energy and resource efficiency, to help reduce energy costs and increase their competitiveness.
Zero Waste Scotland is working closely with Scottish Government to support the delivery of the first Scottish Energy Strategy. Our Resource Efficient Scotland Advice and Support Service, supported by the European Regional Development fund, is a programme of Zero Waste Scotland and addresses the strategic priority of energy efficiency head-on.
SME Loan Scheme Since its launch in 2008, the SME Loan Scheme has provided Scottish businesses with over £26.24 million in loans for over 968 projects, resulting in estimate heat and electricity energy savings of 438 GWh and financial savings of over £49 million. We are building on these successes by offering SMEs a cashback incentive of 15% in order to take positive action on their energy bills, reducing both cost and carbon impact.
For more details on the scheme please look at the attachment below.