The government is encouraging all areas of the non-domestic sector to install renewable energy technologies in order to help meet targets to reduce carbon dioxide (CO2) and this includes ground source heat pumps (GSHPs) and air source heat pumps (ASHPs).
The benefits to industry include financial assistance in the cost of installation under the
government’s Renewable Heat Incentive (RHI). The scheme offers a financial incentive for installing a renewable energy system such as GSHPs and ASHPs for the lifetime of the system up to a maximum of 20 years. Payments begin to accrue from the date of accreditation of the installation and are based on the actual heat output of the system. For more information visit www.ofgem.gov.uk/e-serve/RHI.
Taking into account reduced fuel bills, saving in energy and the financial incentive offered by the RHI scheme, it makes good business sense to invest in a GSHP or ASHP system. Companies who do not sign up to the RHI might also be helping to fund the scheme by taxation on energy bills so it makes sense to take advantage of the incentives while they are available.