Transcript Darren Mawhinney – Glen Dimplex Overview
Welcome to a world of expertise
Renewable Heating Solutions Darren Mawhinney
Strategic Business Development Director
Glen Dimplex Group
Glen Dimplex - Investment in Low Carbon Technologies
The Glen Dimplex Group
• Founded in 1973 • The worlds largest electrical heating business • Holds significant market positions in the domestic appliance markets • Operates through 33 autonomous businesses throughout the world • Employs 8,500 people • Annual turnover Є2 billion • Privately owned
Group Brands
Dimplex Renewables
• 30 years experience manufacturing 60,000 heat pumps per year from our German factory and UK factories.
• Widest range of heat pumps in the UK – over 120 different units • Air, ground and water source from 4kw - 130kw • Domestic & Commercial Environments • Recent €10m investment in UK R&D and manufacturing • Domestic heat pumps and cylinders, Heat Emitters and Solar Thermal
A Class Heatpump
A Class of its own
Outstanding performance and efficiency High output, high temperature Sophisticated heating, made simple Innovative technology Complete system packages
My Green Heating
What Is It?
Renewable Heating Has Clear Benefits: • Low heating bills • • Low maintenance Low carbon • Secure energy supply
So What’s Preventing Market Uptake?
Barriers
• High up front CAPEX
Solutions
Funded Solution supported by RHI • Concerns over technology Long term full service contract from reliable partners
How does it work?
Dimplex Renewables Purchases Product
My Green Heating
Up-front Payment Monthly Service Fee RHI Payments Contracts for Survey, Installation and Maintenance
Installer
OFGEM RHI Payments RSL
EXAMPLE OF FUNDED MODEL 2 bedroom Semi Detached Property:
Property size: Construction: Occupants: Heating and DHW demand: 8,500 kWh/yr RHI Income over 7 years £2,800 60m 2 Cavity fill and loft insulation 3
my green heating Housing Stock Assessment Green Deal Assessment EPC Certificate Property consultation Report & Design Installation of New renewable energy Heating and Hot Water System MCS Registration Quarterly Payments to MGHF Quarterly RHI Administration 7 year Parts & Labour Warranty Annual Servicing & System optimisation Check 24 hour Heating Response service Total Cost For solution (net of RHI income) over 7 years (all figures shown net of VAT) Option 1
Conventional Procurement £100 £50
£8000
£25 £400 £150
£10,300 £7,500 net of RHI Option 2 Option 2
My Green Heating £2000 DEPOSIT My Green Heating PAID UP FRONT
£2000
£5250
£150
£150
£0
£150
£7,250 £6,300
Annual Heating Bill (£) 1200 1000 800 600 400 200 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Oil Yr 6 MGHF Yr 7 Yr 8 Yr 9 Yr 10 Tenant saves £3,000 + over 10 years
What’s the Process?
RSL Identifies Potential Homes MGH Carries Out Survey and Provides Green Deal Assessment and EPC for each property MGH prepares a scheme design for each property and makes a proposal to RSL based on the portfolio of properties RSL decides whether to proceed and which properties to include in the scheme MGH Installs and Commissions the Systems and Applies for RHI funding from OFGEM for each property 7 Year Maintenance and Support Programme Commences
Partnering Opportunities
Survey Design Installation Graphic / website design Misc IT skill Service & Maintenance Project Management TBD 13