Remeha Avanta Plus Remeha Finance Leaflet

Brand: Remeha Avanta Plus

Model: Remeha Finance

Type: Leaflet

Energy Efﬁciency Financing

Easy, affordable, ﬂexible

Customer beneﬁts

Financial Services

provided by Siemens

Investing in energy

efﬁcient equipment

makes sound business

and environmental

sense.

How Energy Efﬁciency Financing

could transform your business

Investing in energy efﬁcient equipment from Remeha Commercial makes sound business

and environmental sense. Remeha Commercial can now offer the affordable and ﬂexible

Energy Efﬁciency Financing scheme set up by the CarbonTrust and Siemens Financial Services.

If your organisation is looking to reduce energy use, talk to Remeha Commercial about the

ﬁnancing options we now offer to help you reduce your energy waste and fuel bills by upgrading

to new, more energy efﬁcient Remeha heating equipment. With the Energy Efﬁciency Financing

Scheme, payments are offset against the anticipated energy savings, which means your

ﬁnancing option is designed to pay for itself.

GAS 110 ECO GAS 210 ECO PRO GAS 310/610 ECO PRO

Energy Efﬁciency Financing makes good business

sense. Here are some of the key beneﬁts:

Convenient and fast. You can arrange your

Energy Efﬁciency Financing through Remeha

Commercial. We can then liaise with Siemens

Financial Services to take care of your application

and the paperwork for you. It’s that simple.

Affordable – right now! The Energy

Efﬁciency Financing scheme is designed so

that the ﬁnance payments made to Siemens

Financial Services are offset against the

anticipated energy savings, which means

the equipment should pay for itself. So you can

afford to install the energy efﬁcient equipment

you need straight away. And once you’ve made

all the payments, you should continue to make

savings year on year.

The Beneﬁts of Energy Efﬁciency Financing

to your business

QUINTA ECO PLUS

Flexible. Energy Efﬁciency Financing is

designed so that payments match or exceed

anticipated energy savings. Affordable

payments are tailored to suit your

circumstances and can be arranged with

Siemens Financial Services over terms from

1 to 7 years, or in some cases even longer.

Easier budgeting. Energy Efﬁciency

Financing payments are ﬁxed; payments are

not subject to ﬂuctuations in interest rates,

which means easier budgeting.

Maintains existing credit lines. As the

scheme is specially arranged through Carbon

Trust Implementation Services and Siemens

Financial Services, any existing credit lines

that you may have with your bank remain

intact, to be used by you in the future if

necessary.

Tax efﬁcient. Energy Efﬁciency Financing

is designed to be tax efﬁcient. Finance

payments may be offset against tax,

depending on individual circumstances.

Future proofed. The ﬂexibility of the scheme

allows the ﬁnance solution to change with

your business requirements, therefore the

original installation may be upgraded in the

future.

Conserves working capital. Energy

Efﬁciency Financing gives you the ﬂexibility

to conserve your existing working capital for

other business projects.

The Beneﬁts of Energy Efﬁciency Financing

to your business (continued)

Example 1: Finance used to enable implementation

of more efﬁcient Condensing Boilers.

In this case, an installed boiler with poor seasonal

efﬁciency of 70% is replaced with a condensing

boiler of 107kW output (model: Quinta 115 Pro),

with a seasonal efﬁciency of 88%.

The new boiler costs £3,650; the ﬁnance scheme

allows for an additional 30% of the equipment

cost to be borrowed to help pay for installation.

The total amount loaned is £4,745.

Over a 4 year period, ﬁnance costs amount

to £1,261.

Repayments are: for year 1 £1,572,

years 2, 3 and 4 £1,478.

With annual fuel cost savings of £1,878, if

ﬁnance payments on the boiler and installation

contribution are considered then there is a

ﬁnancial beneﬁt to the customer of, in year 1 £306,

in years 2, 3 & 4 £400 and from year 5 onwards, for

the rest of the lifetime of the equipment, £1,878

per annum. See chart opposite…

Example 1: Chart Opposite

The new installation would reduce the total

carbon released into the atmosphere by a total

of 12.15 Tonnes per annum, which equates to

a 25% reduction.

The calculations are based on a gas cost of 2.67p

per kWh and with a demand for heat equivalent to

2,100 hours full boiler output per year.

Actual use of equipment will be a factor in the

actual savings made. Rate of interest in this

example, for this size loan, is 9% IRR. Rate of

interest and prices quoted are correct at time

of printing, but may subsequently vary. Remeha

Commercial would be pleased to advise current

loan rates of interest and offer full quotations for

equipment on request. Please contact Sales on

0118 974 3066 for more information.

30000

Equipment Cost and

install costs £4,745

Total Finance Costs

£1,261

Finance payments Year 1;

£1572 Year 2, 3, 4; £1,478

Annual savings £1,878

25000

20000

15000

10000

50000

45000

40000

35000

5000

Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

and beyond

Loan Repayments

Annual Fuel

Savings

Annual Fuel

Savings Surplus

After any

Repayments

Capital Cost

of Equipment

+ 30% towards

installation

Finance Cost

(Interest and

any arrangement

/ service fees)

Annual Surplus

Year 1; 306, Year 2,3,4; £400,

Year 5 onwards £1,878

For Example 1: Chart Showing Condensing Boiler Related Finance and Cash Flow Information

Cash ﬂow for the

client is greatly

improved because

outgoing ﬁnance

payments are

matched to the

fuel savings.

All ﬁnancial calculations

are examples only, fuel

costs may vary with actual

usage and price variation.

Example 2: Finance used to smooth cash ﬂow for

a Biomass Boiler installation.

In this case, the installed 29kW oil boiler

is replaced with an 85kW Biomass Boiler

that serves the existing building and a

new building built adjacent to it.

The new biomass boiler costs £22,590.

Other installation costs such as fuel

store construction, boiler assembly and

commissioning are excluded. Over a 7 year

period, ﬁnance costs amount to £8,613.

Repayments are: for year 1 £4,539

and for years 2 to 7 £4,444.

When considering fuel savings and RHI income,

less the equipment ﬁnance payments, this

scheme has an annual surplus of £298 in year

1, rising to £393 per year for years 2 to 7 and

then £4,837 per year for the rest of the life of the

equipment. See chart opposite…

Example 2: Chart Opposite

The new installation reduces the total fossil fuel based

carbon released into the atmosphere by a total of 9.03

Tonnes per annum, which equates to an 89% reduction.

The calculations are based on an existing oil

consumption of 3,900 litres per annum at 58p/kWh.

The installation qualiﬁes for RHI (Renewable

Heat Incentive) payments at Tier 1 of 7.9p / kW.

The estimated heat use of the new system is

58,500k/Whs. Calculations are based on wood

chips supplied at a cost of 3.5p/kWh (in the actual

installation, cheaper, waste wood chips are available).

Actual use of equipment will be a factor in the actual

savings made. Rate of interest in this example, for this

size loan, is 9% IRR. Rate of interest and prices quoted

are correct at time of printing, but may subsequently

vary. Remeha Commercial would be pleased to advise

current loan rates of interest and offer full quotations

for equipment on request. Please contact Sales on

0118 974 3066 for more information.

Biomass Boiler

Equipment Cost

£22,590

Total Finance Costs

£8,613

Finance payments Year 1;

£4,539 Years 2 to 7; £4,444

Annual savings and

RHI Income £4,837

Surplus: fuel savings and RHI less finance payments

Year 1; £298 Years 2 to 7; £393 Year 8 onwards; £4,837

25000

20000

15000

10000

5000

Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8 and beyond

Annual Fuel Payments

Annual Fuel Savings

and RHI Income

Surplus: Annual

Fuel Savings and

RHI Income Less

Finance Payments

Capital Cost

of Equipment

Finance Cost

(Interest and Facility

/ Annual Fees)

For Example 2: Chart Showing Biomass Equipment Related Finance and Cash Flow Information

Cash ﬂow for the

client is greatly

improved because

outgoing ﬁnance

payments are

matched to the

RHI income and

the fuel savings.

All ﬁnancial calculations

are examples only, fuel

costs may vary with actual

usage and price variation.

How it works

The scheme is available to all kinds of businesses

and organisations. Financing from Siemens

Financial Services can be arranged for amounts

as little as £1,000 upwards and, assuming your

proposed Energy Efﬁciency Financing project

passes the energy saving assessment by

Carbon Trust Implementation Services,

there are potentially no upper limits*.

Remeha Commercial offers free advice and

assistance for customers in applying for the

Energy Efﬁciency Financing for projects using

Remeha Commercial’s energy efﬁcient heating

and hot water generating equipment.

Energy Efﬁciency Financing is also available for

a wide variety of other projects (assuming they

meet Carbon Trust Implementation Services’

energy saving assessment criteria). Projects that

may also qualify include building technologies,

such as pipe insulation and air conditioning,

or industrial process technologies, including

compressed air, refrigeration or specialist

production equipment.

*Subject to customer credit assessment

For more information on

Energy Efﬁciency Financing for

Remeha Commercial Projects, please call:

Remeha Commercial Sales on

0118 974 3066

Website:

www.remeha.co.uk/ﬁnance

Alternatively, or for general enquiries on

other energy saving projects, please call:

Carbon Trust Implementation Services on

0800 988 3718

and for general enquiries relating to the

ﬁnancing options available, please call:

Siemens Financial Services on

01753 434 476

Is your Energy Efﬁciency Financing

project eligible?

Energy Efﬁciency Financing is available to a

wide range of businesses and organisations,

from sole traders, charities and partnerships

through to large corporates, local authorities

and other public sector organisations.

Whilst all kinds of organisations can qualify,

there are some basic criteria to satisfy:

Credit checks and trading history: To

qualify for Energy Efﬁciency Financing,

businesses must have been trading for at

least 36 months, Financing is then offered

subject to a normal credit assessment.

Energy saving assessment: Customer

energy saving assessments will be

conducted by Carbon Trust Implementation

Services to check as far as possible that

there will be CO2 reductions, and hence

ﬁnancial savings over time, compared

to the current installation or a standard

practice solution.

Getting started

If you are interested in Energy Efﬁciency

Financing:

Call Remeha Commercial on 0118 974 3066

or email sales@remeha.co.uk and ask

about energy efﬁciency ﬁnancing.

Visit: www.remeha.co.uk/ﬁnance

The Carbon Trust’s mission is to accelerate the move to a low carbon economy, providing specialist support to

organisations to help cut carbon emissions, save energy and commercialise low carbon technologies. Carbon

Trust Implementation Services Limited is a subsidiary of the Carbon Trust.

Carbon Trust Implementation Services Limited will use its expertise in carbon saving from energy efﬁcient

technologies to independently assess the carbon, energy and cost savings of any credit approved Energy

Efﬁciency Financing application. All assessments will be based on clear and objective criteria. Siemens

Financial Services’ goal is to enable affordable acquisition of energy efﬁcient technologies through providing a

range of ﬂexible ﬁnancing solutions for projects under the Energy Efﬁciency Financing scheme. Carbon Trust

Implementation Services and Siemens Financial Services work with recognised suppliers, providing them with

the know how, documentation and tools to support customers’ applications under the scheme.

Siemens Financial Services is a leading provider of innovative ﬁnance solutions to UK businesses and public

sector organisations. With more than 250,000 customers Siemens has arranged ﬁnance for circa 90% of

the current FTSE 100 companies and more than 50% of NHS trust and local authorities. Siemens Financial

Services Limited is part of the Siemens AG group of companies - jointly referred to hereafter as Siemens.

Remeha Commercial

Remeha House

Molly Millars Lane

Wokingham

Berkshire RG41 2QP

T: 0118 978 3434

F: 0118 978 6977

E: [email protected]

www.remeha.co.uk

The data published in this brochure is based on the latest information (at date

of publication) and may be subject to revisions. It should be read in conjunction

with our full technical brochures (available on request). We reserve the right to

continuous development in both design and manufacture, therefore any changes

to the technology employed may not be retrospective, nor may we be obliged

to adjust earlier supplies accordingly. The diagrams and instructions included

are for guidance only. Remeha Commercial accepts no liability for any loss or

damage arising from any errors or omissions that may inadvertently be contained

in it. All ﬁnancial calculations are examples only, fuel costs may vary with actual

usage and price variation. Issue 1 date: May 2012

Financial Services

provided by Siemens

Remeha Avanta Plus Remeha Finance Leaflet

Remeha Avanta Plus Remeha Finance Leaflet

Remeha Avanta Plus Remeha Finance Leaflet

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