Unlocking Energy Savings: The Boiler Upgrade Scheme for Businesses
The UK government has announced a significant £450 million fund to accelerate the transition to greener heating solutions, bolstering efforts to curb carbon emissions and reduce energy bills. This initiative, known as the Boiler Upgrade Scheme, offers a lifeline for businesses seeking to upgrade their heating systems, providing substantial financial incentives to make the switch to heat pumps.
The scheme, administered by the Department for Business, Energy and Industrial Strategy (BEIS), provides businesses with a generous grant of up to £5,000 towards the cost and installation of a heat pump. This financial assistance significantly reduces the initial investment, making the transition to a more sustainable heating system more accessible.
The Boiler Upgrade Scheme offers grants for various types of heat pumps, catering to diverse business needs and building types. The available grants are as follows:
- £5,000 off the cost and installation of an air source heat pump
- £6,000 off the cost and installation of a ground source heat pump
These grants are available to businesses that own their premises and are registered with a Gas Safe registered engineer or a National Air Pollution Centre (NAPC) registered engineer. The scheme represents a valuable opportunity for businesses to embrace sustainable practices, reduce their environmental footprint, and reap the long-term benefits of energy efficiency. By taking advantage of the Boiler Upgrade Scheme, businesses can contribute to a greener future while simultaneously achieving significant cost savings on their energy bills.