Financing

Community Energy Scotland can help you identify methods of funding the development and capital costs of your energy project, whether its looking at debt options,  available funding streams and how they interact with other incentives such as the Renewbale Heat Incentive and the Feed In Tariff.

The Feed In Tariff

The Feed in Tariff (FiT) is a financial subsidy for renewable electricity generators below 5MW. It offers a payment per kWh produced each year. This payment varies depending on the technology and size of generation. It replaces the Renewables Obligation Certificate scheme for eligible generators under 50kW.  Generators between 50kW and 5MW will have the option of choosing either the FiT or the existing ROC arrangement.

Local Finance

Some communities are looking to Local Finance options to help raise funds for their project. Community Energy Scotland are actively working to develop this area of financing for communites and are able to discuss options with you.

‘Local finance’ refers to a range of approaches to raising the funds you need to develop or expand your project from within your own community.Depending on the resources within a community and the scale of project, it can be used to finance a particular stage of project development, combined with other sources of finance to fill a gap or shortfall, or to finance a project outright.