Dimplex Renewable Energy Finance™

Dimplex’s Renewable Energy Finance scheme has been specifically designed to help not-for-profit organisations including local authorities, schools and housing associations overcome the need for initial capital investment when installing heat pump systems.

The scheme is designed to provide a solution for organisations looking to implement renewable energy technologies but for whom the initial capital outlay could make going ahead with the project an impossibility.

By allowing the investment costs to be re-paid over a period of years and funded through the savings in energy costs the heat pump will provide, the scheme is already proving to be particularly popular in the social housing sector, as housing associations – looking to mitigate the increasing energy costs of properties in off gas areas – are having to move quickly and can often find it difficult to raise the funding needed due to capital budget constraints. The scheme can be applied equally as easily for public sector building projects or schools.

Benefits of the scheme include:

• Can be used in place of grants to cover entire project cost.
• Project costs covered in full with no up-front capital outlay.
• Investment costs recovered from energy cost savings on an ongoing basis.
• Flexible payment schedules and accounting structure based on client needs.

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