Energy fund offers £40m in grants to charities

Charity
Energy fund offers £40m in grants to charities

Voluntary sector organisations that support people who are struggling with their energy costs are being invited to apply for a share of £40m in grant funding.

The money is being offered by the Energy Saving Trust and comes from the Energy Redress Scheme, which is funded through voluntary payments from companies that have breached rules laid down by the energy regulator Ofgem.

The trust said charities and community energy groups, including community interest companies, co-operative societies and community benefit societies, could apply for grants from one of four funding streams.

It said projects would be considered if they support households most at risk from cold homes and high energy bills, develop innovative products and services related to domestic energy use, or address carbon emissions reduction in England, Scotland and Wales.   

Of the four funding streams, the main fund offers grants of between £50,000 and £2m for schemes that support households in vulnerable situations and has £27m available. 

The small project fund is the same, except it offers grants of between £20,000 and £49,999 and offers £1m in total. 

The innovation fund has £6m available in grants of between £20,000 and £1m for projects that will develop innovative products or services to benefit households.

And the carbon emissions reduction fund offers £6m for projects that will reduce UK carbon emissions and empower households to reduce their carbon footprint, with grants of between £20,000 and £1m available.

The EST said that since 2018, the Energy Redress Scheme had awarded more than £128m in funding to more than 600 projects through nine previous funding rounds. 

The deadline for applications for this funding round is 5pm on 15 January. 

The EST said organisations must pre-register before applying and any that have not already done so should do this at least 10 working days before the application deadline so eligibility checks can be carried out.  

Graham Ayling, senior project manager at the Energy Saving Trust, said: “We’re pleased to be able to offer this new funding, enabling voluntary sector organisations to provide vital support for those most in need in their communities. 

“The funding will also support projects that will ensure no one is left behind as the UK transitions to net zero.”

For more information and to apply, click here.

Originally Posted Here

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