How To Save And Earn With Biomass Boilers

Tuesday November 26, 2019

We’re used to installing gas boilers in our homes as these are the more traditional option. But given the emphasis on being green, biomass boilers outweigh traditional ones by a long shot. When you take a close look at it, you’ll see that there’s potential to make substantial savings while simultaneously creating a source of income. 

For a more sustainable and energy-efficient future, renewable energy products can be regarded as beacons for a green and clean environment. On top of this, renewable heating systems like biomass boilers have a positive impact. They help people become more aware of their actions and their carbon footprint. 

You must have surely heard of the Renewable Heat Incentive (RHI) Program where you can earn financial support by using renewable heating systems. 

If you’re considering replacing your existing system, now’s the time to install a biomass boiler. 

At JL Phillips, we’ve compiled a list of questions that’ll put your mind at ease about how you can both save and earn with biomass boilers!

How Do Biomass Boilers Work?

Biomass boilers run on the energy produced by burning wood. These are available in the form of chips and pellets. As the chips and pellets burn, they produce energy that works with your central heating system to heat your property and provide hot water. 

Biomass boilers that use wood as a fuel are remarkably cost-effective. They can save up to £600 a year on fuel bills when compared to standard heating systems.

Am I Eligible For Earnings Under The RHI Scheme?

Like air and ground source heat pumps, biomass boilers are an eligible heating technology under the RHI scheme. Under this scheme, you’re liable to receive financial incentives from the Government over a period of 7 years. You can install a renewable heating solution and pay for it with the income you earn under the program. This way, you end up reducing your yearly heating costs considerably. 

Biomass Boilers – A Long-term Investment In Your Property

When compared to traditional heating systems, biomass boilers are regarded as a long-term investment. For instance, in an average-sized property, installation costs can come up to £9,000. Heating output in an average home on an annual basis may come up to 25,000kWH. 

With RHI payments, you could earn approximately £1500 in a year. This is paid over a period of 7 years so your installation costs are easily provided for.

How Much Cost Will I Incur Running a Biomass Boiler?

Wood pellets are available at approximately 4.2p per kWh which is quite similar to the cost of gas. However, when compared to oil at 6p per kWh it is noticeably cheaper. The prices of gas tend to rise annually. So, in the future, it is safe to assume that chips or pellets will be more affordable in comparison. 

Another aspect worth considering is that like oil and gas, biomass isn’t affected by the rise in importation charges. This adds to the affordability factor.

Wood pellets cost around £150 to £200 per tonne and these are made out of waste wood material. Let’s consider that an average property will need 11 tonnes of wood pellets in a year. When you do the math, biomass boilers are more economical and more environmentally-friendly alternative.

If you’re able to source your own wood supplies, you’ll end up heating your home for free! That’s another possible incentive of installing biomass boilers. 

Where Can I Find A Renewable Heating System Ideal for My Home?

At JL Phillips, we offer an extensive range of renewable heating technologies that’ll help you in your quest to be green while also reducing your energy bills. 

You can get your free quick quote for the ideal renewable heating solution. If you like what you see, we will set the wheels in motion for biomass boiler installation and RHI application. 

Get in touch with us today if you wish to save and earn more!

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