Biomass + RHI = great ROI!

Housing Wed, Mar 23, 2016 10:33 AM

Biomass + RHI = great ROI!

Do your customers know that investing in biomass is currently a better bet than any fixed rate bank account? Thanks to the domestic RHI, homeowners installing a biomass boiler could secure a tax-free payment of nearly £60,000 at a potential ROI of 64 per cent; a convincing argument for anyone sitting on the fence when it comes to wood heating.

Natural Energy Company, Euroheat, has calculated that homeowners investing £35,000 in a domestic RHI biomass installation could see them potentially clock-up a return on investment of £57,645* over a seven year period plus an expected on-going reduction in fuel savings, and a boiler that will last two decades!

Simon Holden, co-founder of Euroheat, explains how the figures stack up against a fixed term deposit account: "Bank versus Biomass - it's a no brainer really! By investing £35,000 in a 45kW Euroheat biomass system, payback will be achieved in just over four years with a guaranteed, tax-free Government return of £57,645 during the seven years of the RHI scheme. Investing the same £35,000 in a seven-year fixed rate deposit account at 3.5 per cent will see a paltry return of just £1,031, after the adjustment for inflation.

"Installers need to be helping prospective biomass customers understand that installing a wood boiler under the domestic RHI makes great financial sense."

While some homeowners are keen to ‘go green', however, many more will be convinced by the investment potential of biomass - these figures pack a powerful punch and for the right property, are an opportunity too good to ignore. In the commercial sector, biomass has by far been the most deployed technology, providing a positive indicator of its popularity and financial benefits. Now it's time to drive home the message in the domestic marketplace that switching to wood heating is a very attractive and lucrative choice for suitable customers.

For more information, visit www.euroheat.co.uk or call 01885 491100.

Featured News

Specification news
>B< PRESS – the quick and sustainable solution

>B< Press fittings from Conex Bänninger have been extensively used on a large...

Read More >>

Specification news
Crittall Windows achieves prestigious BSi certification...

Crittall Windows, the world’s leading manufacturer of steel windows and doors, is...

Read More >>

BUILDING PRODUCT LIBRARY - LATEST BROCHURES

Your high performance facade panel. With James Hardie, It’s Possible™ Brochure

Your high performanc...
By James Hardie

Download Now >>

James Hardie brings unique designs to life with beautiful fibre cement products that are built to last. It’s Possible™ Brochure

James Hardie brings...
By James Hardie

Download Now >>

fermacell® The Specification Guide Brochure

fermacell® The Speci...
By James Hardie

Download Now >>

Hardie backer fibre cement backerboard for Tile & Stone  Brochure

Hardie backer fibre...
By James Hardie

Download Now >>

RIVERSTONE® - DISCOVER NATURAL PHYLLITE Brochure

RIVERSTONE® - DISCOV...
By SSQ

Download Now >>

BUILDING PRODUCT DIRECTORY - LATEST PRODUCTS

Senses White Fleck Kitchen Surfaces
Senses White Fleck Kitchen Surfaces

Senses Kitchen Surfaces. Beautifully Crafted, Effortlessly Maintained. The Senses range of...

Read More >>

SM 485: fast-setting, self-levelling smooth coat for interior floors
SM 485: fast-setting, self-levelling smooth coat for interior floors

FASSA's new SM 485: Your choice for a fast-setting, self-levelling smooth coat for interior floors,...

Read More >>

SL 416: A fast-setting, self-levelling smooth coat for interior floors
SL 416: A fast-setting, self-levelling smooth coat for interior floors

FASSA's new SL 416: A fast-setting, self-levelling smooth coat for interior floors. With superb...

Read More >>

CONSTRUCTION VIDEOS - LATEST VIDEOS

Specification Insights with Majestic London Showers
Specification Insights with Majestic London Showers

Specification Insights with Majestic London Showers

Watch Now >>

Discover the first-ever reference book for stone wool insulated sandwich panels
Discover the first-ever reference book for stone wool insulated sandwich panels

“Building with stone wool insulated sandwich panels” written by Professor Imperadori, is now...

Watch Now >>

Portakabin | Installation at the iconic Admiralty Arch, London
Portakabin | Installation at the iconic Admiralty Arch, London

Portakabin | Installation at the iconic Admiralty Arch, London

Watch Now >>