Partner Article

Carbon Trust launches scrappage scheme

Businesses are being called upon to scrap outdated equipment and save millions on their energy bill.

In a bid to reduce the C02 emissions produced by businesses every year, the Carbon Trust’s Big Business Refit is giving out £100m interest-free to help small and medium companies modernise their businesses.

According to new research released by the Carbon Trust’s, British businesses are being forced to “make do and mend” with old, inefficient equipment, costing businesses £3.3bn a year in wasted energy.

The government endorsed initiative provides businesses with guidance, plus financial support in the form of £100m in interest free funding, which can be paid back through the energy savings the new equipment delivers. On average, businesses individually can save £14,000 a year off their energy bills with a refit - but this could rise to £120,000 a year depending on the machinery replaced.

As part of the launch, the Carbon Trust is holding a free Big Business Refit workshop for companies in London, Birmingham, Manchester, Leeds and Newcastle.

This was posted in Bdaily's Members' News section by Ruth Mitchell .