Victoria Lancaster MA (Hons), MRICS Chartered Rural Planning Surveyor

Renewables Opportunities Which suits you? Tariff changes Biomass information

Shares of Electricity Generation

Amount paid by farmers for energy in 2013: £1.01billion Most farms can bring renewable technologies into their farm strategy year payback on 20 year ‘tied-in’ tariff Which one best fits your business?

SAFE RISK-O-METER RISKY

Feed In Tariffs

Feed-In Tariffs (up to 5MW) FIT lifetime: APRIL 2010 – 2021 A PRIL 2012 Major cuts introduced for PV D ECEMBER 2012 Cuts for other technologies Stricter digression mechanism: – Quarterly for solar PV (min 3.5%) – Annual reduction for other technologies and… – Contingent (depending on take up) + Pre-accreditation

Solar Farm Lease – pros and cons 12MW 70acres 4.6MW 30acres 2MW 10acres 5MW 30acres

On-roof Solar PV 20kW array

Solar Tracker

Commercial Renewable Heat Incentive

Heat Costs

Digression Budget 2011 to 2015: £860m. 2016? Will run to 2020? There will be a degression trigger for each tariff band and for the RHI as a whole. Assessments will be made quarterly. The trigger for degression in each band is set at 150% of the expected levels for that technology Once an individual tariff trigger is hit, the tariff will be reduced by 5%, with provision for subsequent reductions of 10% and 20% if expenditure levels are not falling back after the initial reduction

How the biomass CRHI tariff is calculated: 1.Boiler Sizing: supplier will size your boiler according to your current energy usage and profile. 2. The RHI states that the heating profile is 13.14% of the total annual maximum capacity of the boiler. This equates to 1314kWh. 3. Example: 100Kw boiler: 100 x 1314 = your Tier 1 8.4p/kWh = £11,038 per year Plus additional Tier 2 1.9p/kWh Plus savings on buying fossil fuels/electricity

Installations April 2014

TAX Talk to your accountant

The UK remains committed to its legally binding 15% renewable energy target by position: 4.1%

What we can do to help… Phase I - Feasibility Phase II - Planning Application if required Phase III - Project Management In summary: Whether you have 30 or 3,000 acres we can advise and guide you to a bespoke solution that suits your farm and your long term goals.