To help save energy, as well as the environmental and financial impact of disposing of over 100 tons of wood (pallets) every year, XYZ Machine Tools installed a Froling TX200 250 kW woodchip biomass boiler with Untha wood-chipper at its Tiverton site. Feeding a silo that can contain 10 days of wood chippings, the £180,000 investment is resulting in annual savings of around £100,000 as a result of eliminating costs for transport, landfill, and the gas bill, as well as a rebate for the energy saved.
These savings were at a time prior to the current spike in energy costs, so savings generated now may well be £25,000 per year greater. The rebate is due to the system at XYZ Machine Tools qualifying for the Government’s Non-Domestic Renewable Heat Incentive (RHI) scheme (now closed to new applicants). The RHI provided businesses with a cash incentive for every kWh of heat generated, which requires monitoring along with the volume of wood used. Companies that qualified for the scheme receive a quarterly index linked rebate over a 20-year period.
For further information www.xyzmachinetools.com