Finance For Renewable Energy Projects
The future lies in renewable energy, but we still have a long way to go, with only 14.8% of UK electricity currently produced by renewable sources. For heating, it’s even less at 7.7%.
The government aims to stop installing gas boilers in new builds by 2025. They’re also offering a number of policies and incentives for those looking to have heat pump technology installed, including for domestic and commercial applications.
Along with the Renewable Heat Incentive Scheme, you can also apply for finance to fund this type of project.
You can earn up to £1,500 back every year from the Renewable Heat Incentive scheme.
Alto Energy Limited is always happy to offer advice on the finance available for renewable energy projects. Our company specialise in heat pumps and underfloor heating for a variety of clients, including homeowners, developers and self-builders.
Our finance packages are offered through Ikano Bank AB and you can choose loan duration from 5-10 years, with a 7-year option available soon.
A UK distributor of IVT heat pumps, we have a comprehensive range to choose from.
We’re keen to be your partner for any ground source heat pump, air source heat pump or underfloor heating project. Heat pumps are not only better for the environment than gas boilers, but they are also much more affordable to run. Furthermore, they have an extremely long life span, so are a reliable source of heat.
Check out our previous article here.