Crown Jakarta Capital Eco Management News
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Households will get up to £2,300 towards installing expensive green boilers, after ministers doubled the taxpayer-funded subsidies because of poor take-up.
Only 5,000 households a year have been applying for vouchers to towards the cost of green heat systems, despite previous estimates that 25,000 people would take them up in the first nine months.
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Households will get up to £2,300 towards installing expensive green boilers
1. CROWN JAKARTA CAPITAL ECO
MANAGEMENT NEWS
HOUSEHOLDS TO GET DOUBLED
SUBSIDIES OF £2,300 OFF GREEN
BOILERS TO BOOST FLAGGING
RENEWABLE SCHEME
http://www.telegraph.co.uk/earth/energy/10069430/Households-to-get-doubled-subsidies-
2. The vouchers are available to help people replace their old boilers.
3. Households will get up to £2,300 towards
installing expensive green boilers, after
ministers doubled the taxpayer-funded
subsidies because of poor take-up.
Only 5,000 households a year have been
applying for vouchers to towards the cost of
green heat systems, despite previous
estimates that 25,000 people would take
them up in the first nine months.
4. The Government yesterday admitted the green
heating systems are more expensive than
previously thought. The renewable heating
systems are most suitable for households in rural
areas that are currently off the gas grid and suffer
very high energy bills. However, it can take years
for householders to make their money back on the
installation costs. Greg Barker, an energy minister,
said he wanted to see "even more consumers
stepping up to the plate and getting on board".
5. “This time-limited, big increase in the value of vouchers for
hardworking people who want to do something positive to
install money saving green heating in their homes, should
be a real boost for this growing green sector," he said.
Ground source heat pumps, which extract warmth from
underground, cost more than £9,000 to install. The
Government is now offering £2,300, rather than £1,350 off
the installation price.
Air source heat pumps, which take heat from the
atmosphere, cost more than £6,000 to put in and the
subsidies will rise from £850 to £1,300.
6. Biomass boilers, fuelled by wood, cost around £11,500 and
households will get £2,000, rather than the current £950.
The cheapest technology is solar panels for heating water,
which costs around £4,800 and people will get vouchers
worth £600, rather than £300.
Households can get the money-off vouchers until March
next year. The system was brought in after the Government
delayed its new subsidy regime for "renewable heat".
When that it is introduced, it will pay households,
businesses and voluntary groups for the green heat they
produce. However, people will have to bear the costs of
installation and maintenance themselves.