Combined Heat and Power (CHP)

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Financial Incentives

There are financial incentives for installing CHP, which come in addition to saving energy costs.
 
Through the CHPQA scheme the Government has put in place three main incentives to encourage the take-up of 'good quality' CHP:
  • Investment in a CHP plant may qualify for an Enhanced Capital Allowance (ECA). This enables a business to claim 100% first-year capital allowances of their spending on qualifying plants and machinery. Businesses can write off the whole of the capital cost of their investment in these technologies against their taxable profits of the period during which they make the investment.
  • Exemption from the Climate Change Levy.
  • Exception of Power Generating Plant & Machinery from Business Rates.


SMEs may also be eligible for a Carbon Trust interest-free Energy Efficiency Loan.

For further details visit Quality Assurance for Combined Heat and Power.

 
 

Combined Heat and Power

 
 
 
 
Introduction
About the technology
CHP suitability
Financial incentives
Micro–CHP
Key links
 
 

Did you know...

 
 
 
 
Energy savings bulbs typically use 25% of the energy of normal bulbs, yet give the same light and last 8 to 12 times longer.