The impact of Feed-In Tariffs and Renewable Heat Incentives
19/04/2010
Solutions Director Mark Hinnells has welcomed Government annoucements on Feed-In Tariffs and Renewable Heat Incentives.
"For Belvoir, the new incentives mean Internal Rates of return for wind projects of 15-25%. The Renewable Heat Incentive means that, compared to a mixture of oil and electric heating, a biomass boiler has an Internal Rate of Return of around 40%.
It will pay for itself in around 2.5 years, and over its life, save more than half a million pounds. Now is the time to invest!"
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