RE: mCHP information3 May 2017 19:45
Mytrader, just read your post. Regarding the feed in tariff, it doesn't pose as an issue, extract below from previous RNs Clearly George Osborne's fiscal responsibility ?will deal a heavy blow to those mCHP developers whose appliances are sub 2kW electrical output and who rely on the feed in tariff to make their case to customers. The flagship Inspirit Charger is 3kW electrical and 15kW thermal has therefore always been outside of the scope of the feed in tariff. We have never relied on the feed in tariff to demonstrate our superior payback as the feed in tariff is only applicable for appliances of 2kW and below.
"I have always been quite critical of developers that have relied on the tariff to argue their long-term business case where it has always been known that it is limited in its availability. The consultation shows this availability could be reduced even further and this will negatively impact those who are reliant on this subsidy.
"For Inspirit it highlights that our superior electrical output will position us as one of the only mCHP appliances that will make economic sense for both the domestic and small commercial market, which is considerable in size. If the DECC's preferred option proceeds I suspect our competitors need to adjust their strategies accordingly, whilst Inspirit will continue as planned to deliver on our goal of having both a 2kW and 3kW appliance for the domestic and overseas markets available shortly."
More information on Inspirit Energy can be seen at: www.inspirit-energy.com