Darren Mawhinney – Glen Dimplex Overview

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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

Any Questions?