AMP Clean Energy wins nearly £1 million worth of RHI replacement boiler contracts

12th September 2019
Biomass

A range of organisations across the healthcare, agriculture, hospitality, hotel and leisure sectors have recently taken advantage of AMP Clean Energy’s offer to provide 100% of the funding for a complete replacement of their biomass boilers.

Commercial organisations that already benefit from the Renewable Heat Incentive (RHI), can be eligible for a fully-funded replacement boiler – which is provided under an energy supply agreement – enabling them to continue to benefit from fixed price, low-cost energy for the remaining duration of their 20-year RHI agreement. This means a business can continue to generate low carbon heat to heat their premises from a new boiler system installed, owned and operated by AMP Clean Energy.

Although some biomass boilers will have a life expectancy beyond 20 years, others may struggle to function efficiently for this full period. Under the RHI rules, if a boiler is under performing, broken down, worn out or destroyed then it could be replaced with a new system subject to approval from Ofgem. It is also possible to replace boilers with larger or smaller capacity ones, if the original is no longer meeting the organisation’s needs.

This year, AMP Clean Energy – which has specialist funds available to invest in new and modern biomass systems enabling commercial organisations to save on the capital expenditure themselves – has won replacement boiler contracts to the value of more than £750,000, which also include fuel supply and boiler service and maintenance.

Stuart Reid, Managing Director (Special Projects) at AMP Clean Energy said: “This really is a win-win situation for commercial organisations who are already claiming the RHI. Many organisations may not realise that they could be eligible for a fully-funded replacement boiler, which can be installed and operated by AMP Clean Energy for the remaining duration of their 20-year RHI agreement.”