Principality Building Society’s Retrofit for the Future Fund
The Principality Building Society Retrofit for the Future Fund is a Wales wide fund set up in partnership with Principality Building Society with the aim of improving the environment in Wales.
This fund will support organisations across Wales to improve their energy efficiency by retrofitting buildings or purchasing equipment that will make a community access building more environmentally friendly and/or environmentally efficient.
They will prioritise organisations and projects that are increasing accessibility to those who are underserved or vulnerable. This includes projects supporting individuals from protected characteristic backgrounds 2010 Equalities Act and individuals from the most deprived communities in Wales. They would expect to see an energy survey that shows the building is both suitable for the upgrade and likely to see energy saving benefits as well as having a positive environmental impact due to the installation of this upgrade.
They require all applicants to have an energy efficiency survey completed by a reputable external organisation, demonstrating the building’s suitability for the proposed upgrades and the potential for energy savings. Please note: an EPC certificate is not an energy efficiency survey.
Examples of environmental upgrades they will consider:
solar panels or heat pumps
insulation
energy efficient lighting
battery storage
Grants available
Large grants of up to £25,000 for 1 year.
They would expect applications to be able to show how the project would impact the environment and where possible, any expected annual energy savings the instalment would bring.
Who can apply?
They will not consider applications from organisations with an income of over £500,000, unless a case can be made for exceptional one-off circumstances. E.g. A capital grant pushed income over the income threshold level for 1 year only.
Geographical area funded: Wales and branches of Principality on the Welsh/English border.
You must be one of the following:
Constituted Groups
Registered Charities & Charitable Incorporated Organisations
Companies Limited by Guarantee
Community Interest Companies
Social Enterprises
How to apply?
Visit Principality Building Society Retrofit for the Future Fund - Community Foundation Wales where the application link will be available from the 1st September 2025.
You can also join an online Meet the Funder event on the 3rd September 2025 to find out more about the fund. To register your place visit Principality Retrofit for the Future Fund - Meet the Funder Tickets, Wed 3 Sep 2025 at 13:30 | Eventbrite