Welcome to our final update of the year, and please find enclosed your 2022 Geo Green Power calendar (unless you have expressly asked not to receive one). We’re delighted to be bringing back our annual tradition!
Last month all eyes were on Glasgow and COP26; whatever your views are on the outcome, a certain amount of progress has been made and we’re pleased that further investment into green technology and sustainable initiatives will be encouraged around the globe.
Here in the UK we’re seeing some initial positive steps. The autumn budget included the introduction of a business rates exemption for eligible plant and machinery used in onsite renewable energy generation and storage; a new Boiler Upgrade Scheme is due for launch in April 2022 to encourage heat pump uptake; and we’re seeing local councils set up grants to support businesses to decarbonise with Nottingham City being one of the first to launch. We will be keeping a close eye on these schemes and legislative changes as they develop.
We wish you all the best for the year ahead.