households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

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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/Househol ds-to-get-doubled-subsidies-of-2300-off-green-boilers-to- boost-flagging-renewable-scheme.html

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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. http://www.telegraph.co.uk/earth/energy/10069430/Households-to-get-doubled-subsidies-of-2300-off-green-boilers-to-boost-flagging-renewable-scheme.html

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Page 1: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

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-of-2300-off-green-boilers-to-boost-flagging-renewable-scheme.html

Page 2: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

The vouchers are available to help people replace their old boilers.

Page 3: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

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.

 

Page 4: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

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".

Page 5: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

“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.

Page 6: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

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.

Page 7: Households to get doubled subsidies of £2,300 off green boilers to boost flagging renewable scheme

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