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Costs & Returns
Modern alternatives to traditional heating sources can be extremely cost-effective
The Gibson & Goold team will offer expert advice on which system is the best choice for your needs.
Domestic Examples
Biomass Pellets
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Purchase cost £18,000
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Income £2,3000 per annum
Biomass Log Boiler
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Purchase cost £18,000
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Income £2,3000 per annum
Air Source
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Full system install £8,000
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Income £2,300 per annum
Ground Source
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Full system install £20,000
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Income £5,500 per annum
Link up Stove to Existing Heating
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System cost £5,000
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Savings on existing heating
Commercial Examples
Biomass
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Typical 200Kw system to heat factory £85,000
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Return £13,500 per annum
Air Source
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Typical system for a small hotel or similar £80,000
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Return £6,000 per year
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PLUS 50% less running costs
Ground Source
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Typical 80KW system for a leisure centre or similar £150,000
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Return £18,000 per year
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PLUS 30% less running costs
*Guaranteed Returns via the Renewal Heat Incentive
Through the Renewable Heat Incentive (RHI), non-domestic system owners enjoy income and savings based returns of between 10-25% guaranteed for 20 years when installing a biomass boiler. Recent changes in the legislation mean that domestic users can now qualify for similar benefits.
Each type of user has different requirements. For advise on how your needs may be eligible for RHI benefits, get in touch with us.
You might also explore our Case Studies page for real-life examples of the sort of savings & returns available.