There are three ways for customers to start enjoying the benefits of a biomass heating system.
1. Paid for direct sale
This is simply when the customers purchases the project directly from their own funds.
2. Funded purchase
We work with a range of asset finance businesses who are willing to provide funding for biomass projects. Funding is secured on the plant and machinery elements of the project and typically 80 – 90% of the project costs to be funded under an asset finance arrangement.
Where there is a shortfall in the finance that cannot be bridged by the customer, Duncan Renewables can bring in specialist lenders who will lend money on the basis of future RHI income.
On all projects, our aim is to remove the financial hurdles that prevent a potential project from proceeding.
3. Free Biomass
Under our Free Biomass Offer, we can:
- supply and install the equipment for free
- take care of all servicing and maintenance costs for 20 years
- provide a fixed price fuel supply contract
- after 20 years, the equipment ownership transfers to the customer at no charge.
Duncan Renewables receive the RHI payments to cover the cost of the equipment and ongoing maintenance.
This option is popular with customers who want to switch to a cheaper fuel source but avoid any capital outlay and ongoing maintenance costs.
Even where customers have the finance available to purchase the equipment, some elect to take the free biomass option because the “partnering” aspect of the arrangement means peace of mind for the customer.
You can find out more about our Free Biomass option by getting in touch today.
Interested in getting your Free Biomass boiler? Call us on 01423 359 600 orMake An Enquiry