Eradicating Fuel Poverty under the Energy Company Obligation


Published on

Eradicating Fuel Poverty under the Energy Company Obligation

Published in: Technology
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Eradicating Fuel Poverty under the Energy Company Obligation

  1. 1. Home Heating Solutions Enabling affordable, low carbon District Heatingthrough Biomass and theRenewable Heat Incentive (RHI)
  2. 2. What is District Heating? Renewable, carbon neutral heat and hot water generation Proven technology for the past 30 years in Europe “On demand” reliable supply 24/7/365 Economical, flexible, adaptable Central energy centre with distribution pipework
  3. 3. What is Biomass? Biomass is biological material derived from living, or recently living organisms Essentially stored solar energy Made out of residual forest products (sawdust, branches, tree tops, etc.) Comes in the form of compressed wood pellets or wood chips
  4. 4. What is the RHI? Renewable Heat Incentive – A 20 year support mechanism for renewable energy installations Government guaranteed annual payments Inflation proof, index-linked to the retail price index Provides for cost effective heat energy with predictable, stable future pricing £860 million committed in the first year
  5. 5. Installation Considerations Minimum system size is 6 standard residential units (terraced houses or flats) however the larger the system the lower the energy cost Unlimited maximum can be applied to a single building or an entire estate Rapid deployment 4 to 6 weeks from project approval to commissioning of system Off-site manufactured “Energy Cabins” minimised disruption to tenants Compatible with all existing “wet” heating systems no special adaptations required Needs tenant consultation and approval, however this is accepted almost universally due to the savings on offer
  6. 6. Benefits to Tenants Lower energy costs initially with fixed price increases annually that are significantly lower than the fossil alternative “On demand” energy, heat and hot water are always available as and when needed Renewable and sustainable - Carbon Neutral Local control over energy supply = local energy independence Familiar heating with conventional radiators and thermostats so no learning curve Local employment and training opportunities
  7. 7. Benefits to Housing Association/Local Authority The RHI provides guaranteed long term support, with a 10% ROI Equity participation provides annual revenues to HA/LA Can be rapidly deployed at any suitable site The ESCO model provides for the unlocking of RHI for domestic properties (as well as commercial) No operations, no maintenance, no risk or exposure by the HA/LA Increased desirability and value of housing stock Elimination of CRC tax (if applicable); no climate change levy applied to energy cost Low carbon footprint with a high RDSAP score (A or B EPC rating) Annual savings from gas boiler inspections, there is no need for gas safety certificates and no periodic boiler changes The ESCO bypasses the OJEU process, as the HA/LA purchases Energy NOT equipment Exceeds code for sustainable homes Code 5 (85%+ renewables) standards All fuel derived from renewable and sustainable Sources which improves the “green” credentials of the HA/LA
  8. 8. Biomass vs Gas (Cost per MW)£200.00£150.00£100.00 £50.00 £- Biomass Cost at 2.5% Annual Increases Gas Cost at 9% Annual Increases
  9. 9. Why Home Heating Solutions? One of the UK’s largest independent installers for energy efficiency measures with over 8,000 measures installed every month A safe pair of hands in the field committed to customer service, quality as well as health and safety with all the relevant accreditation and certifications Proven “ESCO” model of operating allowing all stakeholders to win Ability to offer a holistic “Whole House Approach” for properties that need other components upgrading e.g. Insulation, draft proofing, lighting etc Ability to leverage in other external funding streams, such as the Energy Company Obligation (ECO) reducing outlay for the HA/LA
  10. 10. Next Steps We’ll gladly come and talk to you in more detail and answer any questions you might have. Identify a suitable site and arrange access HHS will conduct a physical site survey and present back on all the options including the overall savings and return available
  11. 11. Thank you for reading Matt LucasBusiness Development Director Home Heating 07502220638