17
Feed-in Tariff
Feed-in Tariff (FiT)
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technologies that generate electricity, such as Baxi
Ecogen.
FiT will consists of two parts, a generation tariff and
an export tariff:
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a fixed payment to the householder for every
kWh of electricity they generate
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fixed payment to the householder for every kWh of
electricity exported back to the electricity grid
FiT will be paid over a minimum period of 10 years from
the date the installation is first registered.
The biggest benefit to the householder is that they
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offset some of the electricity they would otherwise
have to buy from their energy supplier, therefore
reducing their electricity bill. The more electricity
that is used on site, the lower the running costs.
Microgeneration Certification Scheme
(MCS) – requirement for FiT
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designed to reassure consumers that the product
and installation will meet minimum standards and
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For more information on how to become an
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certificated installer or where to find one, please
visit www.microgenerationcertification.org
Baxi offers a training course that is recognised
by Building Research Establishment as providing
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certification, in addition to standard plumbing
and electrical competencies.
Fuel cost consumption
Energy
(kWh)
Cost / saving
(£)
Band G
Heating
Fuel cost
£1,290
Band D
Heating
Fuel cost
£1,119
Band A
Heating
Fuel cost
£919
Ecogen
Heating
Heat generated for heating
\
Heat generated by auxiliary
58
£7
Electricity
(with FiT)
Heat generated for electricity
2242
£88
Electricity generated
\
Electricity used onsite
\
Electricity exported
\
Total
Fuel cost
£612
Payback of incremental capital cost over Band A alternative
Ecogen
With FiT
Incremental capital cost
£3,000
Payback
8.6 years
Assumptions:
Variables:
Generation tariff: 10p/kWh
e
Gas price (p/kWh)
3.92
Export tariff: 3p/kWh
e
Electricity price (p/kWh)
12.7
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Incremental installed cost (£)
3000
Maintenance cost identical to Band A
Electricity export (%)
40
Dwelling heat loss (kW)
8.8
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demand and production. The estimates are based upon the best available information, but are given as guidance only and should not be considered as a guarantee.
Summary of Contents for ECOGEN
Page 1: ...www baxi co uk www baxi co uk The Baxi Ecogen Dual Energy System ECOGEN...
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