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Green cash boost for sector, says heat pump firm

A heat pump maker is urging tradesmen in the heating and plumbing sector to prepare now for a predicted huge spike in interest in going green.
Stiebel Eltron manufacturers renewable energy heat pumps which generate heating and hot water for properties by recycling dormant energy in the air and the ground. Its UK managing director Mark McManus said two new cash incentive packages from government are set to revolutionise how property owners view green technologies like heat pumps.
But McManus said installers needed to be fully trained and prepared for the surge in interest the incentives should create. He pointed to two schemes the Feed in Tariff (FIT) and the Renewable Heat Incentive (RHI) which both provide significant financial returns for any property using renewable products to generate heat and electricity.
"This is without question one of the biggest developments ever seen in the green energy property market," he said. "As a result of these incentives property owners are going to see a significant and long term cash return on going green.
"Any property heated by a renewable source such as heat pumps and solar thermal will see a considerable pay back. These are exactly the kind of genuinely eye catching measures the industry has been calling for, for years. However, going green is not straightforward and the best and most efficient methods of going green require expert knowledge to be understood. We urge tradesmen to ensure they use the right equipment and get the right training. We can provide this."
McManus described how Stiebel Eltron has a special installer package for tradesmen. "We want to partner with more top class tradesmen offering them the best possible package of training, financial incentives and technical support in return for using our products," he said.
"We know that there is now going to be great interest in going green and we can help installers by offering their customers a leasing scheme to buy the heat pumps. This immediately slashes the capital outlay of the purchase staggering the cost of buying and installing the pumps rather than paying up front."