Money For Old Logs?

The cold weather and the recent severe spike in the price of energy, particularly oil, has left many of us counting the ever-increasing cost of heating.

But help may be at hand - the Government is about to announce the level of the Renewable Heat Incentive (or RHI) which is tailor-made for those with farms or estates and large heating bills - whether relating to residential, commercial or industrial property.

The RHI will be paid for generating heat from renewable sources and an announcement on the level of that payment is imminent, with the scheme commencing in June 2011. The scheme is designed to encourage installation of new heating systems with payments being based on deemed or actual use of heat. Indicators are that this will massively reduce payback times for the initial investment. All landowners will be well-advised to investigate the possibilities.

In the wider context, renewable energy offers a whole range of options which are not only good for the environment, but should also save you money. At Land Factor we have the expertise and the independence to advise you on the best approach for you, taking into account your particular property, your financial considerations and the marketplace generally.

Wind and hydro turbines, solar panels and thermal heat exchange pumps all have their own distinct characteristics and are subsidised to different levels. Careful analysis and consideration is needed to pick the right options for your own circumstances.

At Land Factor, we can steer you through the renewable energy maze from start to finish. We will always give you totally independent advice on each aspect on the process; directing you to the most appropriate advice for technical and planning, issues, through to legal, financial and tax guidance to create a scheme that is financially beneficial to you and good for the environment. For further information and to set up a meeting, please contact Tom Warde-Aldam, Athole McKillop or Peter Combe at Land Factor.

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Head Office: Land Factor Limited, Hexham Business Park, Burn Lane, Hexham, NE46 3RU | Tel: 01434 693693 | Fax: 01434 607445 | info@landfactor.co.uk
with offices in Blagdon and Penrith.

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