Eligible small and medium enterprises (SMEs) should move quickly to capitalise on the benefits of the £10 million Cleaner Heat Cashback Scheme.
Pete Mills, technical operations manager at Bosch Commercial and Industrial, believes the introduction of the Cleaner Heat Cashback Scheme will be greatly beneficial to London’s pollution reduction efforts and to eligible SMEs who could benefit from improved boiler efficiency and reduced operating costs.
Pete said: “Businesses should act fast to apply for their cashback as the scrappage scheme is time and money-limited, running until 2020, or until the £10 million has been claimed.
“Opportunities for SMEs to invest in energy saving commercial boiler systems at a substantially reduced cost, do not come along often. This scheme provides businesses with the possibility to increase their boiler efficiency while simultaneously reducing their energy bills. This combination will be particularly beneficial to London businesses, whose overheads tend to be disproportionately high.”
The scheme has been designed to encourage SMEs to replace their older boilers, with more efficient heating systems, offering between 30-40% in cashback. The old boiler must be in working condition, and if it is fuelled by gas, oil or LPG, must be at least ten years old. Further, if the boiler is powered by coal or biomass, it can be of any age.
Pete added: “The time-limited nature of the scheme means that those looking to apply for the cashback should look to make use of established products on the market that are optimised for replacement and installations and offer an energy efficient alternative to their existing boiler system.
“The heating industry has a valuable role to play in ensuring that SMEs seize this opportunity. The Cleaner Cashback Scheme has national potential but for this, we need to ensure it is a success in London.”