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Grants and Incentives
Grants and Incentives
Geothermal International can offer the following Grants and Incentives
By installing a Geothermal International Water Furnace
Ground Source Heating system you may well qualify for one of the following:
Developer Grants Available
GI can offer a range of cash backs on all of our Residential ground source heat
pump installations for developers. Terms & Conditions apply. Our partnership
with British Gas allows us to do this.
Community and Non-Profit Making Organisations
i.e. Local Authorities, Housing Associations, Charitable Bodies can apply
for either. Because of our partnership with British Gas, a grant of 50% of
all eligible costs is available under the LCBP Phase 2 grant scheme. LCBP finishes in June 2009.
SSE - Cert Funding, ESCO funding opportunities - please contact
Patrick Sherriff at GI for futher details.
Greenrock - ESCO funding - please contact Patrick Sherriff at GI
for further details.
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Companies and Businesses
It is probable that your company could benefit from various tax incentives and
interest free loans that are available to companies installing Geothermal International
(WaterFurnace) heat pump systems. These can result in savings of up to 40% on capital costs.
The Enhanced Capital Allowance scheme means that a business could claim
100% first-year allowances (FYA's) if it incurs qualifying expenditure on designated
energy-saving plant and machinery. Our heat pumps are on the qualifying Energy Technology
Product List. Additionally, Energy-Efficiency Loans are available
to save you money when you replace your existing equipment with a more energy-efficient
version. If you are a small or medium-sized business, you could borrow £5,000 - £100,000
at 0% fixed interest to fund the purchase of your heat pump.
We recommend you seek financial advice on the above.
Microgeneration Certification Scheme (MCS)
GI are registered installers under the MCS scheme - Certificate Number MCS 1301. Go to www.greenbooklive.com for full listings of approved products and installers.
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