Teignbridge Businesses can apply for Green Business Grant Funding to help fund Green energy saving property improvements such as LED Lighting, low energy heat pumps, double/triple glazed windows and doors or thermal insulations. £165,000 is available for applications as part of £1.6m Government allocation through the UK Shared Prosperity Fund (UKSPF). Full details of the grant details can be found here.

Key points to note

  1. Funding can be for 80% or 100% of costs depending on business type.
  2. You need to be able to spend and complete the work before 31 March 2023.
  3. You need to be able to afford the full cost of work as you may not get the 80% Grant funding.
  4. You need to be able to outline what energy % energy savings your plans will generate.
  5. You cant apply for amounts already spent on retrospective works.

What type of works can be funded?

Schemes that will reduce energy bills and carbon reduction will be considered. Equipment could include;

  • LED Lighting
  • Low Energy Heating Systems
  • Heat pumps
  • Solar/Photovoltaic Panels
  • Geothermal Energy
  • Hydro Power
  • Double/Triple glazed windows and doors
  • Thermal Insulations

Who qualifies for the Grant?

Applicant/s must:

  • be UK taxpayers and provide their UTR numbers. Applicants who do not pay UK tax will not be eligible.
  • pay business rates will be required to provide their bill/account number from their non-domestic (business) rates bill.
  • if you trade as a Limited Company be required to supply their company registration number (CRN).
  • if registered for VAT must supply their VAT Number.

Grant awards and intervention rate will be based on the net cost of goods and/or services. Applicants will be responsible for any VAT liability.

Information needed to complete an application

  • To sign in or register for a Teignbridge MyAccount
  • Your Unique Tax Reference Number
  • Company Registration Number (CRN)
  • Your Formal Accounts or Latest Tax Return and VAT Registration Number
  • Photograph(s) of the relevant area of your premises pre-works
  • Your most recent recent energy bill for the business premises that will be adapted
  • Quotes for your purchase:
      • Up to £5k – one quote
      • £5k – £10k – two quotes
      • Above £10k – three quotes
  • A bank account statement showing recent business transactions, your business name, account number and sort code

You may also be asked to upload the following:

  • A letter of permission from your Landlord if you do not own your business premises.
  • Your Planning Decision Notice if planning permission is required and has been decided.

NB – Applications may be saved part way through completion, but all applicants will need to make sure they have a Teignbridge MyAccount prior to starting the application process.

Further Guidance as stated by Teignbridge

We suggest that applicant/s take advice from HMRC as to how to declare this grant amount in your next tax return.

  • Applicants can either be owners, occupiers or tenants of a commercial building. Any type of business will be eligible.
  • Tenants must have at least 3 years remaining on their lease and receive the permission of their landlord, in writing, if they wish to make a material change to the fabric of the building. Landlords can also apply directly to us for their premise/s (although only one application per building from either the landlord or tenant will be accepted).
  • Where an applicant owns more than one property/business within Teignbridge they will be eligible to bid for any/all premises within their ownership. If the multiple buildings owned by a single Landlord are all let to different businesses, each business can apply under the fund.
  • If you have applied for planning permission, please tick the relevant box. Where planning permission is required but has not yet been approved, please reapply once consent has been granted.
  • Applicants must provide photographic evidence of the related area where works are proposed. Successful applicants will be asked to supply photographs following completion of the works.
  • If you are able to give a planned % reduction in energy usage, please include this e.g. ‘I wish to reduce heat loss to the office and workshop and reduce condensation within the building which affects the quality of the product I make. This will make the premises warmer and cut my heating bills. I plan to reduce my energy usage by 10% through these actions.’
  • We will require detail of how many kWh of energy your business has consumed in the most recent 12 months for which you have invoices/bills.
  • It is a Central Government requirement that we monitor the effectiveness of the grant spend over the next three years we/our representatives will carry this out. We will ask you whether you have saved on energy costs and what additional plans you may have to continue decarbonising your operation.
  • We also reserve the right to undertake site visits to the applicant/s premises.
  • Applicants are encouraged to source any advice or equipment locally where possible. Quote/s must be supplied from businesses that are independent of your organisation. All quote/s must be dated within the last 3 months and be on a ‘like for like’ basis. If you are proposing not to use the cheapest quote, can you please explain your rationale.
  • The intervention rate is 80% net for commercial applicants, successful applicants will be required to pay the remaining 20% from their own funds. Charities and Community Organisations such as CIC’s making applications will receive 100% net of the grant requested.
  • Applicants (and the Local Authority) must consider whether the UKSPF will be used to provide a subsidy and if so whether that subsidy will contravene the UK’s obligations on subsidy control, or the Subsidy Control Act 2022 (previously State Aid (Withdrawn)), e.g. where an organisation has been in receipt of a benefit (including EU and UK Grant payments) which would exceed £315,000 in total, across the last 3 years.
  • Successful applicants can contribute as much of their own funds to the desired outcome/equipment costs as they wish without limit.

What happens after an application is submitted?

  • Successful applications – a formal Grant Funding Agreement will be issued electronically. This must be signed and uploaded/returned to TDC, within forty-eight hours of receipt to secure the award allocation.
  • The Grant Fund Agreement is issued on approval and is signed and returned to us by uploading to your MyAccount.
  • Evidence of works completed is uploaded to MyAccount by 31 March 2023
  • Reimbursement payment is sent in arrears to applicants supplied bank account

All works must be completed by 31 March 2023 to enable full reimbursement of grant payment award.

All payments will be made in arrears to the applicant. We will require a copy of the relevant supplier invoice/s, proof of payment and post works photographs which must be submitted to us by Wednesday 5 April 2023, to enable reimbursement to be made.

If the applicant does not submit all the necessary evidence by 5 April 2023, the funding award monies may be at risk (this is due to Central Government spend directives).

Need Help?

If you need help with an application, please do not hesitate to contact us. Our team can provide support services to aid you with submitting an application.