Heat Pump Funding

 

Heat Pump Funding

 

HeatRHIght is a framework set up to help Registered Prociders of Social Housing obtain up-front funding towards the purchase of heat pumps.

 

Exclusive to Travis Perkins plc, the funding can provide between 40% and 100% of the installation costs of a a retrofit heat pump projects.


 

Want to know more?

 

Email one of our  experts on helpline@tpsbs.co.uk today.



 

 

How does it work?

 

 

In effect, a up-front cash contribution with all repayments covered by the quarterly Renewable Heat Incentive (RHI) payments, which are assigned to the funder.

 

The scheme is predominantly for Air Source and Ground Source Heat Pumps (GHSPs) retrofit installations, however GSHPs are applicable for some new developments where there is a shared loop system.

 

While this funding is ideal for replacing often costly systems using oil, electric or LPG, it can also be used on properties using gas.

 

RHI funding is calculated per property using three criteria (the higher the better):

 

 

 

► Property annual heat demand in kWh (evidenced by EPC) 

► RHI tariff rates

► The performance at the heat pump 

 

Vaillant Heat Pump

 


 

Benefits for Registered Providers of Social Housing
 

 

 

 

► Significant cost reduction

► Repayments by RHI assignment
 

► Reduced tenant bills and fuel poverty


► Reduced CO2 emissions


► Replacing gas systems avoids cost and access issues for annual gas inspections

...and more!

 

Daikin ASHP

  
 

 Want to know more?

 

Email one of our  experts on helpline@tpsbs.co.uk today.


 

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