Clean Energy Cash Back A new 5kW wind turbine could earn a school £2,5501 every year for 20 years. A new 18kW solar PV array could earn £4,2001 a year for 20 years. Plus an extra 5p/kW for energy exported to the electricity grid 2
‘Feed-in Tariffs,’ just announced by the Government
3, offer Clean Energy Cash Back - available from April 2010. However, installations of eligible technologies, like wind and solar power, can receive Cash Back when the scheme starts.
Cash Back is
available on all eligible installations and will be paid on generation from April 2010. This means you will be paid for all of the electricity you generate regardless of whether you consume or export it. You avoid the cost of paying for any electricity you generate and consume, and you will be paid a guaranteed rate for any electricity you export.
- E.ON Sustainable Energy can help organisations like you take advantage of Clean Energy Cash Back.
- Clean Energy Cash Back will only be paid by electricity suppliers, making it simple to claim from us.
The Government recently announced proposed prices for Clean Energy Cash Back, which will be confirmed next year – E.ON UK will guarantee whatever prices are set, for all qualifying wind and solar installations.
Live Examples: How the numbers add up
School with existing 5kW wind turbine
- 5kW peak, wind turbine generates 11,000 kWh/year
- Clean Energy Cash Back for an existing installation: 9p/kWh, will earn £990/year.1
- A new school with the same wind turbine would get, 23p/kWh, which is
£2530/year.1 - Plus lower electricity bills and extra income of 5p/kWh for power exported to the grid.
|
 |
E.ON Headquarters, Westwood
- 18kW solar PV generates 15,000 kWh/year.
- Clean Energy Cash Back for an existing installation: 9p/kWh, will earn £1350/year.1
- A new PV installation of the same size would get, 28p/kWh, which is
£4200/year.1 - Plus electricity savings and potential 5p/kWh for power exported to the grid.2
|
 |
1. Prices are fixed once issued to a generator but are subject to an annual % reduction on the previous year’s tariff
2. Paid where appropriate eligible metering is in place
3. All comments subject to the outcome of the Renewable Financial Incentives Consultation
Low carbon building programme Phase 2 of the Low Carbon Building Programme (LCBP) was launched in December 2006 to support the public sector and charitable organisations in their uptake of low carbon technologies through the provision of government grants.
The aim of the programme is to emphasise and promote how energy efficiency and low carbon products and technologies can work together to create more sustainable buildings.
As one of only two major energy suppliers approved under the LCBP Phase 2 framework, we’re eligible to supply and install:
When purchased through us, you could obtain a grant of up to 50% off the cost of purchasing and installing these microgeneration technologies.
In addition to these three LCBP accredited technologies, we’re able to offer an integrated solution, with access to a wider portfolio of products and solutions, including: solar thermal, solar photovoltaic, micro combined heat and power (mCHP) and air source heat pumps (ASHPs).
Hire purchase
Hire purchase (or lease purchase) combines the immediate cash flow benefits of leasing. You will own your sustainable energy solution at the end of the five year fixed term. Read more about hire purchase.
Finance lease
A finance lease is a flexible and tax efficient way for you to meet carbon reduction targets by installing a low carbon energy solution without using up valuable cash reserves. Read more about finance leases.
The benefits:
meet environmental legislation without a capital outlay
Lombard will agree the payment structure with you at the outset
you could finance up to 90% of your low carbon energy solution
interest rates are fixed at the beginning of your five year term
cash flow is improved as there is no need for a capital outlay
Lombard’s application process is simple and straightforward, and you should have a definite answer within two weeks.
Sustainable Energy Finance could help your sustainable energy solution become a reality (PDF)
For more information visit the Lombard website.
Find out more about alternative forms of finance and funding.
You can also find out more about alternative sources of finance and funding (PDF) or contact our support team for further information.