Why use ASHP 1 RHI Renewable Heat Incentive

Why use ASHP? 1. RHI (Renewable Heat Incentive). 2. Eco Funding. 3. Tackle Fuel Poverty. (Low Run cost. Comfort). 4. Reduce Carbon Emission. 5. Future proof properties. 6. Improve EPC rating. COPYRIGHT © 2015 MITSUBISHI ELECTRIC EUROPE B. V. ALL RIGHTS RESERVED

Partnership Eco Funder & Ofgem Installer Manufacturer Landlord and End user (tenant)

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The Granary Case Study Background – The granary is a 200 year old property owned by a private landlord in Consett and lived in by a pensioner in his 70’s on pension credits. The property has had no modernisation and is heated by a coal fire with secondary electric fan heater and hot water is provided by a direct electric cylinder. The EPC for the property is rated at G 1 and the current fuel bills are circa £ 1600 for coal and electricity.

Extract from the Property EPC To meet changes in regs for EPC requirements for Private rental properties the Landlord needs to improve the EPC to an ‘E’ rating by 2018 so the installation of an airsource heatpump has made this a cost effective measure.

The Figures RHI income - £ 11, 900 Eco Funding- £ 4492 Current fuel cost £ 1600 pa (Coal and electricity for secondary heater) Anticipated fuel costs £ 1000 pa Benefit to Tenant £ 600 pa EPC Improved from G 1 to E 38! Now rental compliant to 2020 and beyond!

Partnership Eco Funder & Ofgem Installer Manufacturer Private Landlord & End user (tenant)

Finances RHI + Eco = Full Installation = Compliant EPC, New Heating System Cheaper Bills, Carbon Reduction, Warm Healthy Tenants, Future proof property.

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