It may seem hard to believe but CHP doesn’t just offer improved load capacity and reliability, it also offers significant financial cost savings too. A cogeneration plant enables the savings to be made while still providing 100% of the energy needed for the site. The cost of installation will depend on the exact requirements for your site but there are a number of ways to offset the cost. When you choose CHP you can utilise Carbon Price Support, Tax Exemption and Climate Change Levy Exemption, as well as writing off 100% of the expense of your investment under the Enhanced Capital Allowances Scheme. All of these exemptions mean that it’s possible to pay back the investment within a relatively short period of time, leaving your site free to reap the rewards of making the switch.
Greener Solutions
Aside from the financial benefits to your business, another advantage of using a CHP is that it’s a greener solution too.
For hotels and Leisure facilities, either Natural Gas or LPG is recommended over using oil fuelled appliances in order to cut exhaust emissions while still retaining the maximum efficiencies for technology to deliver the cost savings. As of 2022, all of the Helec CHP units are "Hydrogen ready" to accept up to a 40% blended mix of Hydrogen within Natural Gas and will also work with BioLPG variants. Customers are increasingly attracted to businesses who operate an eco-friendly policy towards the environment, so as well as helping the planet, you could be giving your hotel a competitive advantage too.