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FINANCE BENEFITS

CHP can help you cut your bills, free yourself from utility companies, earn income and achieve a return on your investment within five years.

An investment in energy saving

The Renewable Heat Incentive scheme (RHI) is money from the Government for your investment in green technology to reduce emissions of greenhouse gases. By 2020, 12% of the UK’s heating will come from renewable sources and CHP is the single best option.

In March 2016, there were a few amendments to the scheme so it’s worth checking the Government’s Renewable Heat Incentive calculator to find out how much you can save, or get in touch.

Biomass CHP - 3 revenue streams

In addition to reducing overheads, Biomass CHP attracts three revenue streams:

  • Biogas Renewable Heat Incentive (RHI) for the heat that you use and
  • Renewable Obligation Certificates (ROC’s) for the power you generate
  • Plus you’ll also get paid for exporting surplus electricity to the grid

As you will be using the heat and electricity generated by the CHP plant you will benefit from reduced energy bills and this saving can be factored into the overall returns you can expect to receive.

A combined heat and power system should ideally run for 8,000 hours a year to fully maximise the potential. Aside from scheduled maintenance your CHP plant can run 24 hours a day, 7 days a week.

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Reliable savings

HEAT

• Each CHP plant creates 100kW of heat, generating 656,000 kWh per annum which is eligible for the Renewable Heat Incentive subsidy (RHI)
• Receive the Renewable Heat Incentive subsidy for the heat that you use
• Reduce your heating bill. This example is based on you using oil and saving 6p per litre

656000

kWh Heat Generated
49987

RHI Income
39000

Energy Bill Saving
88987

Total Revenue

POWER

Each CHP plant features a 45kw generator, which produces 320,000kWh of useable electricity per annum

• Receive 1.8 ROC’s per kWh generated
• Reduce your electricity bill by using the power*
• Export surplus electricity to the grid

 

320000

KWh Generated
24192

ROCS
17600

Energy Bill Saving
7840

Export
49632

Total Revenue
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