Carbon-neutral, sustainable and renewable energy; all these terms can now have an impact on the public perception and future tax liabilities of your business.
The potential savings in fuel costs and the financial earnings available through the Government’s Renewable Heat Incentive scheme (RHI) mean the benefits of switching to green energy have never been greater.
Of all the renewable energy options the Government has identified biomass heating as having the greatest potential to deliver significant and cost-effective carbon savings, consequently it has the largest incentive payments under the RHI scheme. Take a look at the example below to see how the RHI could benefit your school, hospital or business.
Example: A large hotel catering for up to 70 guests with an annual heat requirement of 600,000 kWh’s.
Based on the tariff rates (which are 2 tiered to discourage wasteful heat generation), your financial returns will be as follows:
Tier 1 payment calculated as:
| Boiler Capacity | 195kW |
| Peak Hours | x 1314 |
| Tier 1 Tariff Hours | 256,230 |
| Tier 1 Tariff | x 7.9p |
| Total | £20,242.17 |
Tier 2 payment calculated as:
| Annual kWh | 600,000 |
| Tier 1 Tariff Hours | 256,230 |
| Tier 2 Tariff Hours | 343,770 |
| Tier 2 Tariff | x 2p |
| Total | 6,875.40 |
| Annual RHI payment | £27,117.57 |
| Total RHI payment over 20 years | £542,351.40 |
| Boiler Installation Costs(approx) | £200,000 |
| Financial Return | £342,351.40 |
A heat cabin, which contains the biomass boiler and fuel store provides a cheaper, faster installation than a permanent structure that needs planning permission. We will assess your heating needs, design the biomass system, install the cabin and offer a 24hr maintenance package.
* NB Prices may vary with geographical location and order quantities etc. Pence per kilowatt hour (kWh) is the amount of potential energy in the fuel, and not the energy delivered from an appliance which is dependent on the efficiency of the heating application.Source: Forestry Commission’s Biomass Energy Centre.
For an effective, renewable heating solution,
call all us now for a free assessment.
