As the cost of living continues to rise and fossil fuels become increasingly limited and expensive, renewable energies have never been more important to both consumers and the environment.
In the past, businesses and home owners have often been put off from adopting renewable technology, due to the high cost of installation and modest return. With the launch of the Green Deal and most recently the RHI scheme, the government has taken action to ensure those who switch to renewables save money compared to traditional energy.
At BBS we can offer knowledgeable, no pressure guidance on finding the renewable technology that best matches your property and requirements.
Some factors to consider which we can provide assistance with include, property size and location, cost of technologies and installation, grants available towards installation cost, and expected returns on energy produced.
The Renewable Heat Incentive is a Government scheme, designed to compensate households and non-domestic properties for the cost of buying and installing renewable technologies, making renewables a more cost-effective alternative to fossil fuels.
This is done through a bespoke tariff, which pays renewable technology users based on the technology and amount of energy produced. It's paid quarterly over a 20 year period for non-domestic properties, and 7 years for domestic.
The tariffs are fixed, depending no when you join the scheme, are tax free and adjust with inflation. The governments anticipated return on investment is 7.5% and is currently available for non-domestic properties. They have confirmed that the scheme will open to domestic properties from Spring 2014 and tariffs have also been confirmed.
In addition to the RHI scheme, renewable technology users can also benefit from the governments existing Feed-In-Tariff scheme. This applies to renewable technologies that produce electricity, such as Solar PV Panels.
Surplus electricity produced from these can be automatically exported to the national grid, for which you will be paid depending upon how much electricity is exported and when you joined the scheme.
The Green Deal is part of the Government's carbon emission reduction policy, which provides funding for energy efficient improvements to properties. Money is borrowed against the property to help towards the cost of installing renewable technologies and is paid back in instalments over an agreed time-scale, through the electricity bill.
The cost of repayments will always be equal or less than savings made through energy efficient improvements, ensuring the cost never outweighs the benefits, this is known as "The Green Deal Golden Rule".
When applying for RHI, FIT or The Green Deal, there are a number of terms and conditions that must be met in order t qualify. At BBS, we can provide guidance on these T&C's and assist with meeting the necessary requirements.
By far the most important requirement is that all renewable products be MCS accredited, and the installation signed off by an MCS accreditor. MCS accreditation certifies that renewable products and their installation meet the highest standard for the consumer.
All renewable products supplied by BBS are MCS accredited. We also offer assessment by an MCS accreditor, who will visit the site once installation is complete, check the installation meets the government standards, then sign it off and issue the end user an MCS certificate.
As a company, we have always strived to remain at the forefront of industry changes and product innovation. In the last 2 years, we have focused our attention towards renewable technologies as the future of heating and energy.
Come in and speak to BBS about why to use Renewable Energy and the benefits it has to offer today!
Unit 3 Barton Hill Trading Est, Herapath St, Barton Hill, BS5 9RD
Call us on: 0117 935 1300