Renewable Energy Funding Options
Explore Renewable Energy Funding Options for Your Project
Switching to renewable energy is now more affordable. At Raven Renewables, we’re committed to helping you access financial support to make your transition to sustainable energy seamless. From government grants and local authority schemes to green loans and tax incentives, our guide highlights all the funding options available for residential, business, and community renewable energy projects.
Whether you are a homeowner reducing energy costs, a housing association improving energy efficiency, or a developer creating sustainable housing, we provide the expertise you need to navigate funding opportunities.
Discover how to reduce upfront costs, lower energy bills, and benefit from a greener future. Browse our funding options below to find the right financial solution for your solar, heat pump, or energy efficiency upgrades today.
With Raven Renewables, you can integrate advanced technologies into your projects while meeting compliance standards like SAP and EPC requirements. Let us guide you toward achieving your sustainability goals with the right funding solutions.
Government Grant and Schemes
Boiler Upgrade Scheme (BUS)
The Boiler Upgrade Scheme, for instance, provides financial support for homeowners in England and Wales. It helps them adopt low-carbon heating systems, such as air and ground source heat pumps. This government-backed initiative offers grants to reduce the cost of installation, making it easier for households to transition to renewable energy while lowering their carbon footprint and energy bills.
Energy Company Obligation (ECO4)
The Energy Company Obligation (ECO4) is a government initiative requiring energy companies to fund energy efficiency improvements for eligible households. Targeted at low-income and vulnerable households, ECO4 aims to reduce fuel poverty, improve the energy efficiency of homes, and support the UK’s journey toward net-zero carbon emissions
Smart Export Guarantee (SEG)
The Smart Export Guarantee (SEG) offers payments to homeowners and businesses for exporting surplus electricity generated by renewable energy systems, such as solar PV and wind turbines, back to the National Grid. Licensed electricity suppliers provide competitive tariffs, making renewable energy systems more financially viable by turning surplus energy into a revenue stream.
Warm Homes Social Housing Decarbonisation Fund (Wave 3)
The Warm Homes Social Housing Decarbonisation Fund (Wave 3) provides grants to housing associations and local authorities in England to improve the energy efficiency of social housing. The funding supports measures such as low-carbon heating systems and insulation to upgrade properties below EPC band C. This initiative aims to reduce carbon emissions, tackle fuel poverty, and enhance tenant well-being.
Local Authority Renewable Energy Schemes
Across the UK, local authorities are introducing tailored funding programs to improve energy efficiency and accelerate the adoption of renewable technologies. These schemes are designed to address the specific needs of communities, offering financial support for:
Solar PV installations to harness clean, renewable energy.
Battery storage systems to maximize energy efficiency and reduce reliance on the grid.
Insulation and low-carbon heating upgrades to cut energy consumption and lower emissions.
These schemes are designed to address specific community needs. Additionally, they offer financial support for solar PV installations to harness clean, renewable energy.
To learn more about the schemes available in your area, contact your local authority or speak to our team for expert guidance on accessing these opportunities.