Securing finance from high street banks for biomass boilers can be difficult as many well-known lenders often don’t fully understand the technology and government grants that are available or financial savings available when compared with burning oil or bottled gas. Arkle’s experience in the renewables sector spans many years and we understand the benefits renewable energy can bring. So much so that we have our own 200Kw roof-top solar PV system at our offices in Wellingborough Northamptonshire.
A biomass boiler is a device that burns wood (logs, pellets or wood chip) to provide heating and hot water. Until recently biomass boilers have been most suited to commercial buildings where there is plenty of room to site the boiler. However, with on-going miniaturisation and improved automation biomass boilers are now also suited to residential properties and commercial buildings. Biomass boilers are most beneficial where the fuel source being replaced is heating oil or bottled gas.
By switching to a biomass boiler you can not only save on heating costs, but also secure a Government backed income called the Renewable Heat Incentive (RHI) for 7 years for domestic systems and 20 years where commercial systems are concerned. We understand biomass boiler technology and will help bring your renewable heating vision to life.
The finance options we recommend will consider: your needs, RHI income, financial saving in fuel costs and our finance will be cost effective.
Our aim is to provide you with funding which allows you to overcome the significant impact on your cash flow associated with the upfront capital investment, whilst ensuring you benefit from the RHI and fuel savings over many years to come.