Target 2020 is an energy efficiency programme aiming to help SMEs to reduce their carbon output, improve their sustainability and fund the installation of more energy efficient equipment. Working across the English counties of Worcestershire and Gloucestershire, business energy advisors from Severn Wye Energy Agency analyse client’s bills, conduct an energy survey of the business premises and provide a report recommending the behaviours, fittings and fixtures that could be improved to save energy and reduce their carbon footprint.
For businesses that choose to invest capital in making physical improvements to their premises, 35% of the cost of purchase and installation is funded through a grant provided by the European Regional Development Fund. Grants ranging from £500 to £50,000 have been provided for businesses installing carbonsaving measures, funding everything from renewable technologies to low-carbon specialist manufacturing equipment. The team have supported 300 business to date, and awarded over 130 grants.
Photo credit: Severn Wye Energy Agency
- Publication date
- 18 April 2023