2 minute read
Green Square Renewable Energy
from Fine v4 2019
Rising energy costs have led to an increase in demand for Renewable Energy products which means that now is the best time to invest in a new renewable energy heating system for your home.
In 2013 the Domestic Renewable Heat Incentive (RHI) was launched in the UK giving homeowners, landlords and self-builders the ability to claim government grants which pay back the money spent on higher cost Renewable Energy systems. To date, over 70,000 systems have been installed and around £400m of payments have been made to property owners already.
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The scheme is relatively simple: use an MCS installer, have a recent EPC Certificate (less than 2 years old at the date of your application) and you qualify. There are a number of technologies available and each comes with a set level of RHI payments. Once approved, you will receive those payments quarterly into your nominated bank account over a 7 year period.
The technologies available are Air Source Heat Pumps (ASHP), Ground Source Heat Pumps (GSHP), Biomass and Solar Thermal. The right product for your home will depend on a number of factors: age of property, size, insulation levels, land available, roof space available, etc. These factors will influence product selection and design. Using a registered MCS installer will help to simplify this process and is the only way to guarantee eligibility for the Renewable Heat Incentive.
With the UK’s commitment to zero carbon by 2050, these technologies will become the norm. With Phillip Hammond’s statement in Spring 2019, New Build properties will have to incorporate renewable technology – fossil fuel boilers such as Gas and Oil will not comply.
In order to meet CO 2 targets, this will undoubtedly be followed by regulations on the existing retro-fit market.
In short – your property will require a renewable technology sooner or later. The question is whether you should do it now whilst you have the choice and government funding or later when there is no choice – and no funding!
Green Square Renewable Energy is a showroom based business with 4 branches around the South East: Guildford, Tunbridge Wells, North London and High Wycombe. As a fully registered MCS installer, they are ideal to find the right solution for your home because they install all technology types. This allows them to make a fully independent assessment of the property and ensure that they propose the best Renewable Energy technology specific to the requirements of your home.
For your free consultation, and to discover how you could not only help the environment, but your pocket as well, visit www.greensquare.co.uk and try their handy online RHI calculator to see how much you could save and receive by upgrading your heating system to a new renewable one.