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Grant

 

Carbon Trust Low Interest Rate Loans

Low interest rate loans are available from the Carbon Trust to help businesses cover the capital cost of renewable energy installations. The loans are designated in such a way that savings made from reduced running costs of a green energy installation go directly to pay the capital cost of installation. Each loan agreement is based on the following:

  • You can borrow between £3,000 and £100,000.
  • The loan amount is based on the CO2 emission savings of the equipment installed (£1000 loan for every 2 tonne reduction of C02 per year).
  • Savings in fuel costs should offset the capital cost of equipment and will continue to make savings year on year for the lifetime of the equipment.
  • Each loan is Government-funded and unsecured.
  • A straightforward and fast online application process with no arrangement fees.
  • Loans can be repaid over a period of up to 4 years. 

A Carbon Trust loan can be used to fund any of our eco-friendly technologies including biomass, ground/ air source heat pumps, solar thermal and solar photovoltaic systems. Most businesses are eligible for loans, eg. office-based companies, holiday letting, industrial, farming, etc. Typically a conditional offer is received within 24 hours of a business application being processed. Radical Energy is a registered supplier of equipment and recognised by the Carbon Trust. We can supply a business with all the necessary information required for the loan application process. There has never been a better time to finance a project so please contact us and let us help your business become carbon neutral.