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Empowering Businesses with Financial Support through the Non- Domestic Microgen Grant.

You are here: Home1 / News2 / Finance3 / Empowering Businesses with Financial Support through the Non- Domestic...

Empowering Businesses with Financial Support through the Non- Domestic Microgen Grant.

In Finance, Grants, News

In recent years, the urgent need to combat climate change has become increasingly evident. As the world transitions towards a greener future, governments worldwide are stepping up their efforts to incentivise sustainable practices. One such initiative gaining traction is the announcement by Minister Ryan and Coveney of the ‘enhanced support for businesses through the ‘Non- Domestic Microgen Grant’.

Solar PV: A Sustainable Solution.

Solar power is a clean and renewable energy source with immense potential. By capturing sunlight and converting it into electricity, solar panels offer businesses an eco- friendly, cost-effective alternative to traditional energy sources. By investing in solar panels installation, businesses can drastically reduce their reliance on fossil fuels and contribute to the global shift towards renewable energy solutions.

New Non- Domestic Microgen Grant.

As of July, the Government announced the approved amendments to the ‘Non Domestic Microgen Grant’. These amendments will now cater to a wider range of businesses and non-domestic applicants. It will be awarded through tiered grant support for installations ranging from 6 kWp to 1000 kWp capacity.

This enhanced range of 6 kWp up to 1000 kWp along with the reduction in the financial burden will encourage businesses of all sizes and sectors to embrace clean energy technologies, thereby fostering a more sustainable business landscape.

Grant Amounts Available from Non- Domestic Microgen Grant.

The amount your business can receive in a form of grant for the solar pv installation depends on the standard output of your solar pv system. The maximum output of 1000kWp can be funded through the scheme, with a maximum grant offering of €162,600*.

Example Solar PV System size and Grant Value

Example Solar PV size                               Grant Value

  • 7kWp                                                        €2,700
  • 20kWp                                                      €6,600
  • 50kWp                                                      €12,600
  • 200kWp                                                    €42,600
  • 400kWp                                                    €72,600
  • 1000kWp                                                  €162,600 max grant value

Credited to SEAI. Find out detailed figures on SEAI

Economic Advantages for Businesses.

Implementing solar panel systems through financial grant schemes such as the non- Domestic Microgen Grant, can bring a variety of economic advantages to a business. Solar panels provide a reliable and predictable source of energy, leading to long term cost savings on energy bills. As businesses become more energy independent, they are less exposed to the volatility of fossil fuel prices, enabling them to allocate resources effectively and invest in other areas of growth.

Moreover, a great advantage of this shift towards renewable energy is, solar panel installations create job opportunities in various sectors, such as manufacturing, installation, and maintenance. This fosters economic growth, stimulates employment, and boosts local economies. Financial grants, therefore, further facilitate this transition by incentivising businesses to invest in solar technologies.

Enerpower Powering Businesses Nationwide.

Enerpower are Ireland’s leading renewable energy company providing businesses with renewable energy solutions that are tailored to their specific needs. The expert team at Enerpower have installed and maintained over 92 MW of solar power. The team is here to help you decide what renewable energy solution would work best for your business.

Minister for the Environment, Climate and Communications, Eamon Ryan stated:

“This move by the Government shows Ireland’s continued commitment to supporting all our citizens, businesses, and community organisations- to be part of our journey to a cleaner, cheaper and renewable energy future. It also shows strong cross – Government commitment to developing innovative solutions that can not only provide support to businesses to manage their energy costs but also empower those businesses to invest in an enduring solution which also reduces their carbon footprint and supports local electricity grid”.

The issuance of financial grants such as the non- Domestic Microgen grant, for businesses to install solar panels marks a significant step towards a greener and more sustainable future. By incentivising clean green adaptation, Governments are not only supporting businesses but also migrating climate change, creating employment opportunities, and enhancing energy security. With renewable energy becoming an increasingly integral part of the global mix, by embracing solar power, businesses can contribute to a cleaner and more prosperous future for all.

The necessary changes have been implemented by SEAI and the non Domestic Microgen grant is open for applications. Apply on the SEAI website today.

If your business is considering joining the Renewable Energy Revolution, contact Enerpower today and learn how we can help make the process as simply as possible.

July 14, 2023/by Lisa Melo
Tags: Finance, grant, Non- Domestic Microgen Grant
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https://enerpower.ie/wp-content/uploads/2023/07/Blue-White-Modern-Business-Consultant-Instagram-Post-850-×-350px.png 350 850 Lisa Melo https://enerpower.ie/wp-content/uploads/2021/07/Enerpower-Total-Energy-Solutions.png Lisa Melo2023-07-14 08:28:502023-07-20 11:09:20Empowering Businesses with Financial Support through the Non- Domestic Microgen Grant.
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