Small and medium sized companies (SMEs) have been invited to bid for a share of £10 million for innovative gadgets that can help cut consumer bills, writes Energy Live News.
They can apply for up to £2 million each under the Government’s Energy Entrepreneurs Fund.
It aims to support energy efficient technologies such as building control systems, advanced lighting systems and space heating and cooling technologies.
The fund also covers power generation and energy storage technologies including fuel cells, biomass boilers and heat pumps.