Biomass is used in the form of wood chip, pellets and logs. It is a renewable, low carbon fuel that is already widely available throughout the UK. Its production and use also brings additional environmental and social benefits. Correctly managed, biomass is a sustainable fuel that can deliver a significant reduction in net carbon emissions when compared with fossil fuels.
Biomass is a brilliant cost-effective heating solution, that can provide heat and hot water to your home. It can be particularly beneficial to those users that have a high heat usage requirement, such as large farm houses or stately homes. The cost of heat generated by biomass, is significantly lower than the cost of heat generated by fossil fuels, this is likely to decrease further with the demand for fossil fuels.
They are particularly beneficial if you are wanting to reduce your carbon footprint, and to dramatically reduce your reliance on utility providers. By producing your own heating from a sustainable source, your property will be more self sufficient and environmentally friendly, not to mention help reduce household bills.
By installing a biomass boiler into your home, it will be financially beneficial. The financial incentive to invest in wood fuelled systems has been further enhanced by the launch of the Renewable Heat Incentive (RHI).
The purpose of this government backed scheme is to encourage investment in renewables. For eligible systems, this guarantees a fixed and index-linked income for every KWH of heat generated. This will provide users with a valuable stream of income, as well as significant reductions to the cost of heat generation. For many users, the combination of lower heating costs, as well as income from the RHI, makes investment very compelling.
The RHI payments are paid in two parts, an upfront payment, paid when you are accepted into the scheme, and an ongoing incentive payment which is paid annually. The upfront payment is a set amount based on the technology and it’s size and the ongoing payment varies depending on your heat requirements and use.