Also in this section
The Wales Community Renewable Energy Toolkit has been developed to help community groups take forward the development of renewable energy projects. It is designed to be accessible to people with different levels of understanding of the technology, project development, financial and legal issues.
Funding and grants for environmental and community energy projects and specific community energy schemes are available from governments across the UK. Information can be found via the following links:
Funding from the European Social Fund and European Regional Development Fund could be a source of funding if your project meets the eligibility criteria.
Information on European funding can be found on the following government websites:
There are over 4,000 independent trusts and foundations in the UK; between them they give around £3 billion each year to charities and community organisations. Most trusts and foundations work to strict criteria, so it pays to do your homework. Find out what sort of sums they give out, whether they have an interest in community energy and if they fund work in your area. You can find information about Trusts and Foundations from the Association of Charitable Foundations
Community foundations manage funds from individuals, businesses and other donors who want to support causes in their local area. Because of their local basis, they are a good source of funding for small community organisations. There are 48 community foundations in the UK. Discover your local community foundation at the Community Foundation Network
For every National Lottery ticket sold, 28p goes to good causes, which equates to £25m a week. The Big Lottery Fund is one of the largest sources of funding for community groups but also one of the most competitive.
In light of the government’s consultation on removing pre-accreditation under the Feed-in Tariff, we have prepared a document to open up debate about the impact on community energy of such a change. Download briefing document.
Borrowing money from banks may not be an option for your project, particularly in the current economic climate, but there are lenders who specialise in working with voluntary organisations and community groups who will understand your needs and should offer more favourable repayment terms. They offer a combination of loans, grants and equity finance, often accompanied by advice and logistical support.
The Finance Finder at the Community Development Finance Association (CDFA) website has information on finance providers for community organisations. These include: