Commercial
Maintenance & Service
Domestic
UK Sourced Products
Renewable Energy for a greener future
Enhanced Capital Allowance Scheme (ECAs)
These enable a business to claim 100% first-year capital tax allowances on their
spending on qualifying plant and machinery. The ECA schemes include: energy-saving
plant and machinery; water conservation plant and machinery
Businesses can offset corporation tax against the capital cost of their investment in these technologies in the period during which they make the investment. This can deliver a helpful cash flow boost and a shortened payback period.
Feed In Tariffs
Details announced in February 2010 for feed-in tariffs are given below. These only apply to installations completed and commissioned by 12 December 2011.
These tariffs are credited against your electricity bill for each kWh (kilowatt-hour) generated. Any surplus power generated which is ‘sold back’ to the National Grid will be paid for at the rate of £0.03 per kWh.
These tariffs are guaranteed for at least 20 years (25 years for solar PV installations).
Tariffs commenced in April 2010 and were subject to an inflation uplift of 4.8% from 1 April 2011.
To be eligible for Feed In Tariff an MCS Installer and MCS certified products must be used. All our UK manufactured pv solar panels are MCS approved. We are MCS approved Installers.
Significant changes have been announced that will apply to ALL INSTALLATIONS COMPLETED AFTER 2 MARCH 2012. THE FEED IN TARIFF WILL REDUCE FROM 43.3P TO 21P PER KWH FOR INSTALLATIONS LESS THAN 4KW.
Renewable Heat Incentive
What is the Renewable Heat Incentive?
It is a payment for generating heat from renewable sources. Like the Feed-In Tariffs, it is set by Government.
The RHI is administered by the official regulator Ofgem who pay the tariffs with money from the Treasury.
How much is the Renewable Heat Incentive worth to participants?
First of all you will save money by eliminating or reducing your need for gas or oil, both of which are becoming increasingly expensive year-on-year.
Secondly, you will be paid up to 8.5p/kWhr for the hot water and heat you generate and use yourself. It depends on exactly what systems you use and how large they are as to what the exact tariff level is. They are paid for 20 years from the registration date and index-linked for inflation
Contrary to belief Heat Pumps ARE still in the running for a sustainable future!!
£860 million of funding to be provided across BOTH the Commercial and Residential Renewable Heating sectors where incentives are to be implemented with a TWO PHASE approach:
PHASE 1 - to begin July 2011 - Commercial
- 20 year long term tariff support to Industry, commercial and public sector eligible technologies that have been installed since 15th July 2009
- Technologies included; solid and gaseous biomass, solar thermal, ground and water source heat-pumps, on-site biogas, deep geothermal, energy from waste and injection of biomethane into the grid.
PHASE 1 - to begin July 2011 - Residential
- £15 million of Renewable Heat Premium Payments for the domestic sector.
- Technologies to be included*; biomass boilers, solar thermal, air source heat pumps, ground and water source heat-pumps.
- Rates are £850 for Air Source Heat Pumps, £1,250 for Ground Source Heat Pumps. Vouchers must be used within 6 months of issue or by 31 March 2012.
PHASE 2 - to begin October 2012
- Full system of domestic RHI payments available to eligible technologies that have been installed since 15th July 2009
- Consideration of introduction and support for a number of other technologies and fuels which are not supported from the outset
* Source- DECC Web-site 10 March 2011, RHI- Press Notice: 2011/023- TO BE FINALISED MAY 2011
Grants and Feed In Tariff
Carbon Trust
Business Grants, Loans and Allowances
The Carbon trust are the primary point of contact for energy grants, allowances etc. for businesses
We will be glad to assist you in your approaches.
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Grants
MCS
Useful Links
MCS approved products and installer is required to benefit from Feed In Tariffs and Renewable Heat Incentive payments.
