Saturday, 04 September 2010
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Biomass Boilers could stand to generate large savings so watch out for the RHI!

Currently, alternative fuel or biomass boilers are often viewed as too costly to be viable. While cheaper models are available, they generally require weekly cleaning to be performed by whoever purchases them and while still generating significant savings, may not be enough to justify their costs. While the more expensive models will generate significant savings, the initial cost is sufficient to dissuade the majority of companies from investing and the payback period can simply be too long for businesses to view them as viable. There is potentially however a new light at the end of the tunnel with the possible introduction of the Renewable Heating Incentive. This is a scheme implemented by Labour where companies can receive compensation for using renewable heating sources and is similar to the Feed-In Tariff regarding energy. While the new government unfortunately wish to review the implementation of the policy due to budget constraints, they have equally pledged a commitment to it meaning that while it may well be postponed; there is a real possibility of it becoming an actuality within the next few years. If it does become a reality, biomass boilers would cease to become financially dubious and would be an amazing opportunity to save money and the environment.

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