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Royal Bank's Energy Help and Support tool aims to help UK businesses reduce their energy usage, cut their carbon emissions and potentially save money on energy bills. 

Our digital solution enables the UK’s 5.5 million businesses to review their premises’ energy efficiency, and access tailored recommendations which could reduce their energy costs and carbon footprints. 

The tool uses a business’ postcode to offer detailed advice on everything from solar panels to low-carbon heat pumps - including estimated costs, return on investment and help with sourcing suppliers.

Interested in Energy Help and Support?

If you’re interested in trying the tool, visit our Energy Help and Support page.

One business which has benefitted from our solar-energy support is South Coast Building Supplies Ltd, a building supply firm with 85 employees in four locations in and around Southampton.

The company’s Managing Director, Tim Payne, says: “Our relationship manager suggested that the bank could help us manage our carbon footprint better. We had a few online sessions and one of the things we found especially interesting was solar panels.”

Tim says he had a quote within 24 hours from our partners, Absolar, and after securing financing from Lombard for the project, he had panels installed at two of the company’s sites.

“It was primarily a financial decision,” says Tim. “We are mindful of the environment, but solar is reducing our overheads every month, which is significant for us.”

Tim says the business saw a saving of £1,700 in electricity costs at one branch in the first month the panels were installed, and now he’s looking to fit panels in a third location.

“The overall experience has been very positive,” Tim says.

Relationship Manager Henry Bragginton says: “It’s great to see South Coast Building Supplies utilising our bank’s resources, not only for financing, but to help reduce their carbon emissions and make cost savings.”

Royal Bank's Energy Help and Support tool guides businesses through a series of simple steps, which helps us identify energy-saving opportunities in your area.

 

Our tool could help your business: 

 

The support is particularly aimed at small to medium sized businesses (SMEs), which account for around 30% of the UK’s emissions, according to Royal Bank's Springboard to Sustainable Recovery Report.

The report found that with the right support, up to 70% of business cases to reduce emissions will make financial sense by for SMEs to deliver by 2030.

Our Head of Business Banking, James Holian, says: “From our own research we know that most businesses stand to benefit financially from reducing their carbon footprint, but many lack the support needed to make sustainable changes. 

“This new tool takes away the guesswork by offering businesses tailored recommendations to improve their premises’ energy efficiency.”

Find out more about financing your business’ sustainable transition at Sustainable finance | Royal Bank of Scotland.

 

*Security may be required. Product fees may apply. Business use only. Subject to status, eligibility and approval.

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of NatWest Group, as of this date and are subject to change without notice. Copyright © NatWest Group. All rights reserved.

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