Earnings & Savings

A biomass boiler which is connected to a central heating and hot water system will save you circa £600 a year compared to electric heating or £400 a year compared to oil.

Savings

Your savings and earnings depend on your existing heating, the size of the system you intend to install, and the manufacturer’s performance.

Earnings

From spring 2014 you will receive payments for the heat you generate using a Biomass Boiler through the government’s Renewable Heat Incentive (RHI).

Please see the Energy Saving Trust website for more information.

Energy Saving Trust

Funding

Biomass Boilers are eligible for the Renewable Heat Incentive (RHI).

The RHI is very similar to the FIT (Feed in Tariff) scheme for renewable electricity; however the RHI only applies to technologies that generate renewable heating.

Funding

How much does a Biomass Boiler Cost?

The cost for boilers varies enormously depending on:

  • The manufacturer of the system
  • The size of the system
  • The link up to your existing system
  • Whether you require an new buffer tank
Costs