How to develop a business case for energy efficiency projects

Support provided by Zero Waste Scotland

What does this involve?

Accessing finance is often a major barrier to the implementation of energy efficiency projects in small and medium-sized enterprises and, ultimately, the business benefits that these projects can deliver. This guide will show you how to prepare a robust business case for investment to present to your senior management or external lenders.

A strong business case will help justify your project. It details the allocation of funds and resources to make the change work and is useful in securing management approval.

A good business case will answer all the questions that decision makers may ask. It should:

  • provide clear evidence of the economic, environmental and/or social reasons why the investment is needed
  • demonstrate that the solution being proposed is an attractive proposition
  • provide enough information to allow the reader to assess the proposal as a standalone document
  • include an analysis of the project costs, benefits, risks and implementation timetable
  • present a concise proposal with a single recommendation or request

The guide covers:

  • what a business case is
  • knowing your audience
  • finance options
  • what to include in your business case
  • rationale for the project
  • identifying the solution
  • project plans
  • financial analysis
  • cost-benefit analysis
  • sensitivity analysis
  • risk analysis

The guide is presented as a downloadable PDF file (2MB).

What does this cost?

This is a free service.

Who is this for?

Anyone can use this service.

How long does this take?

The guide takes around 15 minutes to read.

The time to develop a business case will vary depending on how much preparatory work you have done to date.

Next steps

Visit the Zero Waste Scotland website to download and read the guide (PDF, 2 MB). The document will download immediately when you click the button below.

Support provided by Zero Waste Scotland

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