As we embark on a journey towards a greener and more sustainable future, the Irish Government has unveiled exciting enhancements to the Non-Domestic Microgeneration Scheme.
Minister Ryan (Minister for the Environment, Climate and Communications) and Minister Coveney (Minister for Enterprise, Trade and Employment) recently unveiled the improved supports that offer an array of financial incentives for businesses embracing solar PV technology. These enhancements are designed to make solar energy more accessible and cost-effective for businesses of all sizes and sectors. The Government’s commitment to sustainability and economic growth has culminated in a well-rounded support package.
Minister for the Environment, Climate and Communications Eamon Ryan said:
This move by Government shows Ireland’s continued commitment to supporting all of 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 the local electricity grid.
Updated Grants for Businesses: unveiling the potential
Under the enhanced Solar PV Scheme, businesses can take advantage of an array of grants tailored to their installation size. While the grants for up to 6kWp installations remain unchanged at €2,400, additional incentives have been introduced for larger setups:
- An impressive €300/kWp for each extra kWp installed between 7kWp -20kWp.
- A lucrative €200/kWp for each extra kWp installed between 21kWp – 200kWp.
- An enticing €150/kWp for each extra kWp installed between 201kWp – 1000kWp.
This means that businesses opting for installations up to 1 MW can now be eligible for an incredible grant of up to €162,600, significantly reducing the initial investment costs.
Funding and support: making sustainable energy accessible
To facilitate these enhanced grants, the costs will be met through a transfer of funding allocated to the Temporary Business Energy Support Scheme (TBESS). The TBESS was initially designed to support businesses impacted by the surge in energy costs following the military aggression by Russia in Ukraine. The scheme, initially planned for the period of 1st September 2022 to 28th February 2023, was extended and enriched to provide even more relief.
A step towards Sustainability
The enhanced Non-Domestic Microgeneration Scheme is a testament to Ireland’s unwavering commitment to promoting renewable energy adoption across the business sector. By offering generous grants for a broader range of installation sizes, the Government is empowering businesses of all scales to join the green energy revolution.
With the updated Solar PV Scheme, businesses have a unique opportunity to invest in solar power and create a positive impact on the environment while securing substantial financial gains. As we welcome the new era of sustainability, companies can now leverage solar energy to not only cut operational costs but also contribute to a cleaner, greener, and more resilient Ireland.
We hope this article has shed some light on your solar energy queries. If you find yourself with more questions or if there’s anything else you’d like to discuss, please don’t hesitate to get in touch with us. You can reach out to us via phone at 01.5312030 or send us an email at: sales@solisgreenenergy.com
Safe travels on your solar journey!
0 Comments