Cut Your Farm’s Energy Costs and Strengthen Your Agricultural Business with Solar PV
As carbon levies and electricity costs keep affecting farm profits, solar PV emerges as a smart solution for farms. The Targeted Agriculture Modernisations Scheme (TAMS) now offers eligible farmers up to 60% support for investing in solar PV systems. Besides cutting energy bills, solar PV shows your commitment to the environment by reducing your carbon footprint. Eligible farmers can use TAMS for farm improvements, and the Accelerated Capital Allowance (ACA) helps with solar PV costs.
For thousands of years, farmers have been adept at harnessing solar energy to sustain agricultural activities. Virtually every facet of farming relies on the sun’s energy, adeptly converting it to support life.
In recent times, the mounting expenses associated with electricity have compounded the financial burdens for farmers across Ireland, impacting the profitability of their operations. Consequently, it’s no surprise that farmers and landholders in Ireland are increasingly recognising the potential of utilising untapped roof space on farm buildings or underutilised land for solar panel installations. Solar PV systems present an opportunity to generate electricity independently, reduce fuel expenses, and even create an additional income stream for agricultural businesses. Indeed, a growing number of “solar farmers” are already reaping the financial benefits afforded by this technology.
Targeted Agricultural Modernisation Schemes (TAMS) for Farmers
Receive up to 60% to invest in a solar PV system on your farm
Targeted Agriculture Modernisation Schemes (TAMS) provide grants to farmers to build and/or improve a specified range of farm buildings and equipment on their holding. This solar scheme is ring fenced with its own investment ceiling of €90,000 and is grant aided at the enhanced rate of 60%.
The Scheme is jointly funded by the European Union and the national exchequer. The funding for the Scheme is limited and all applications are subject to the operation of selection criteria. Grant aid will only be paid on approved, completed, and eligible expenditure and shall be paid at the rate of 60% up to the applicable maximum investment ceiling of €90,000 per holding.
Who is eligible?
The Scheme is open to farmers who:
- Prior to submitting the online TAMS 3 application have, a minimum of 5 hectares of owned, leased or rented lands which has been declared under the Basic Payment Scheme (BPS) and the Basic Income Support for Sustainability (BISS) or equivalent in the year of application or preceding year, or in the case of intensive enterprises, generate a minimum of 20 production units from farming.
- Have a Department (DAFM) identifier: The initial grant application is completed by the customer, with our support if needed. Jordan McIvor Electrical & Solar PV handles the installation and submits all necessary documentation to the SEAI. Upon approval, the grant payment is processed and transferred to the recipient’s chosen bank account.
Do you want to save up to 50% on electricity bills with solar PV solutions?
To find out more about a tailored renewable energy solution to suit your needs, request a free quote or call 0831543157
