Cut your fuel bill by around 1/3 and create a healthy tax-free income stream with a biomass boiler

 

Save money with renewable energyIf you currently heat your business using oil, LPG or electricity, you should think seriously about installing a biomass boiler. It will cut your energy bills by at least 1/3 – and that’s just the tip of the iceberg. The commercial Renewable Heat Incentive (RHI) means you could earn large, tax-free quarterly payments from the government, every year for the next 20 years – guaranteed.

How does the commercial RHI work?

The commercial (officially known as Non-Domestic) Renewable Heat Incentive (RHI) is an environmental initiative from the government that offers financial incentives to increase the uptake of renewable heat.

At the moment, the incentive is 7.6p per kilowatt of heat generated from a renewable source like a biomass boiler – paid straight to your business every year for the next 20 years, guaranteed. Depending on the heat requirements of your premises, you could earn between £1,997 to £19,973 a year in tax-free RHI payments alone, as well as receiving £950 towards the cost of your installation.

In order to be eligible for the RHI scheme, your biomass boiler must be installed by an MCS- accredited fitter – which we are.

To find out more, check out our blog post about the RHI scheme or visit the Ofgem website.

Save and earn in action

Biomass boiler installation in an office

To heat this rural 78sqm, single storey office unit with a 20kw boiler

Annual fuel saving – £788/year
Annual RHI payment – £1,997
Lifetime savings – £55,700
Payback time – 6.9 years

 

The sums behind the saving: 20kw boiler x 0.076p RHI tariff x 1,314 heating hours set by government = £1,997 paid by government. £788 fuel savings x 20 year RHI term + £1,997 RHI payments x 20 year RHI term = £55,700 lifetime value. Calculations based on multi-fuel biomass boiler fed with wood chip and assume that  fossil fuel prices will remain static, which obviously will not happen – the savings are likely to be far greater.

 

 

Biomass boiler installation, B&BTo heat a 380sqm bed and breakfast/hotel with a 100kw boiler

Annual fuel saving – £4,862/year
Annual RHI payment – £9,986
Lifetime savings – £296,986
Payback time – 2.7 years

The sums behind the saving: 100kw boiler x 0.076p RHI tariff x 1,314 heating hours set by government = £9,986 paid by government. £4,862 fuel savings x 20 year RHI term + £9,986 RHI payments x 20 year RHI term = £296,986 lifetime value. Calculations based on multi-fuel biomass boiler fed with wood chip and assume that  fossil fuel prices will remain static, which obviously will not happen – the savings are likely to be far greater.

 

Commercial biomass boiler installers, NottinghamTo heat an 800sqm office complex with a 200kw boiler

Annual fuel saving – £9,724/year.
Annual RHI payment – £19,973
Lifetime savings – £593,936
Payback time –  2.3years

The sums behind the saving: 200kw boiler x 0.076p RHI tariff x 1,314 heating hours set by government = £19,973 paid by government. £9,724 fuel savings x 20 year RHI term + £19,973 RHI payments x 20 year RHI term = £593,936 lifetime value. Calculations based on multi-fuel biomass boiler fed with wood chip and assume that  fossil fuel prices will remain static, which obviously will not happen – the savings are likely to be far greater.

 

 

Book an appointment with Lime-Circle and we’ll show you just how much you can save and earn – we promise that the cost of your time for the meeting will be massively outweighed by the savings you can make and the money you can earn. Call us now on 0115 952 0263 or 07890 022002, or complete our enquiry form, and one of our renewable energy experts will be in touch soon.

 

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