A Kirkcaldy-based wholesale electrical supplier is a shining light in the renewable energy revolution, making it easier for Scottish firms to save money with solar energy.
SM Electrical Supplies, an electrical wholesaler established more than 36 years ago, is taking bold steps to grow its renewables division with plans to make solar energy more accessible, lighting the way for a more sustainable future.
Run by brothers Steven and Leigh MacDonald, who took over the business after their father’s retirement, the company operates from sites in Kirkcaldy and Edinburgh. It offers a wide range of electrical products and services, including smart home systems, EV charging solutions for both domestic and commercial use and Fife’s largest decorative lighting showroom.
The company recently secured a five-figure invoice finance package and additional asset finance support from Bank of Scotland to help expand its support for local businesses transitioning to solar energy. It offers a time saving end-to-end service for solar energy projects – from site surveys and system designs to sourcing electrician quotes and managing installations – making the switch to solar hassle-free.
Now, through its partnership with Bank of Scotland, SM Electrical Supplies provides tailored asset finance packages, making it easier for businesses to purchase and install their solar panels.
The business is active in the local community, working with local groups and government-backed initiatives like Greener Kirkcaldy and Warm Homes Scotland to promote renewable energy and reducing heating costs.
Looking to the future, the company has big plans for growth. By importing solar panels from overseas and a new branch set to open soon, the firm is streamlining its supply chain and cementing its position as a force in Scotland’s renewable energy drive.
Steven MacDonald, co-owner of SM Electrical Supplies, said: “I saw firsthand how businesses were crippled by Covid and rising energy costs. Many didn’t survive and it was clear something needed to change. When my local ice hockey rink – an important community hub – found day to day running extremely hard due to soaring energy bills, that is when it really hit home. I was determined to create a solution that made switching to solar power simple, stress-free and truly beneficial for businesses.
“With support from Bank of Scotland, we’ve been able to take this vision further as we can now handle 90% of the process in-house, from installation to financing, so businesses can remain focused on what matters to them.
“We’re growing fast, with a new branch planned to support solar imports as we look to bring renewable energy solutions to businesses and homes across Scotland.”
Louise Fraser, relationship manager at Bank of Scotland, said: “Steven and the team are setting the standard for what a family business can achieve.
“We’re proud to support them as they expand their services and continue to make a positive impact on the local community. Their work is not only helping businesses save on energy costs but also contributing to Scotland’s sustainable future and it’s exciting to see them grow and thrive in such an important sector.”
