1. Update – March 13

2. What is it? DECC funded project to encourage Renewable Heating uptake through community groups TTM were one of 42 groups chosen across the UK Tight deadlines – 6 weeks to set up, promote and sign up people

3. What is the offer? Work with installers to access bulk buy discounts Uplifted RHPP grants from the DECC Hand-hold support in arranging quotations and deciding on installers

4. Where? On-Gas Low LSOAOff- Gas Areas

5. Technologies? Solar Thermal Heat Pumps Biomass Boilers

6. Stage 1 Results Over 500 hits on the website in 3 weeks 50 People filled in ‘Expressions of Interest’ 30 people moved into stage 2 bid

7. Solar Thermal – 9 forms completed, Quotes provided to British Eco who won the tender. Installations need to be completed by 31 st March Heat Pumps/ Biomass – 9 people interested in obtaining quotes. Suppliers have visited and quotes being finalised. Stage 2 Update

8. Green Deal – Assessments being undertaken for a few example properties to assess what else can be done to save energy. (Some still available if anyone is interested?) Stage 2 Update

9. Here’s how it works for an example Solar Thermal Quote: Quote Cost = £5,463 RHPP Grant = £700 Calculated energy saving = 2151 kWh per year RHI Calculation 2151 x 17.3p RHI = £372 p.a. 372 x 20 years = £7,442.4 7,442.4 - 700 = £6,742.4 6,742 / 7 years = £963.2 annual payments for 7 years. How the numbers stack up....

10. Cost of system = £5463.36 Community Discount = £700 Cost saving per year (assuming 4 p/kWh gas) = 2151 x 0.04 = £86 RHI Payment per year = £963.2 Cost of system = £5463.36 - £700 = £4,763.36 Total revenue over 7 years = (963.2 + 86) x 7 = £7,344 Payback in 4.5 years. Extra earnings over 7 years = (7,344 - 4,763) £2,581 (not including energy prices rises). How the numbers stack up....

11. What’s Next? Solar Thermal – Installations by 31 st March. Heat Pumps/ Biomass - Finalise quotations and support decisions on installations by 31 st June. Everyone needs to complete a grant form before starting installations.

12. Any Questions?