WITH ECO SAVERS BETTER THAN FREE www.eco-savers.co.uk
WHO ARE WE? Goldfield Partners have been at the forefront of the UK renewable industry for almost 5 years. As pioneers of the Free Solar product we have helped thousands of people across the country install Solar PV panels on their home at no cost to them. We strongly believe in Green technology and ensure all of our products help the environment just as much as they help our end users. Boiler Share has allowed us to expand our exper se and move into the domes c Biomass Boiler sector. Everyone at Goldfield Partners is commi ed to providing excellent levels of customer service. We work with an extensive list of installers covering the whole of the UK, all of which have a wealth of experience in the domes c Biomass market. HAVE A QUESTION? GET IN TOUCH! Call Eco Savers on: 0844 686 7307 Or E-mail us at: info@eco-savers.co.uk Or, for more informa on please visit:www.eco-savers.co.uk
WHY BIOMASS? Biomass Explained Biomass Boilers are environmentally friendly hea ng solu ons designed to replace your exis ng inefficient hea ng method. They burn wood pellets made from materials sourced in sustainable forests, typically in the UK. The fuel that these pellets provide burns both cleanly and easily and gives a strong, consistent heat. Biomass Boilers operate automa cally, regula ng the amount of fuel being used so it matches the heat demand of your home. Pellets are pped into the Boilers hopper by the homeowner as and when the Boiler requires. Wood pellets are typically sold in batches of 10KG bags to ensure they are conveniently sized to p into the hopper. Installation Installing a Biomass boiler is quite a simple process, typically they are plumbed directly into the exis ng central hea ng system. Goldfield s Boilers are external to ensure minimum disrup on to your home during installa on and to ensure maintaining the system is as simple as possible. Would I benefit from a Biomass Boiler? Customers who use Oil, LPG or Electricity (or a mixture of any of the three) as the primary method to heat their home can poten ally enjoy the largest energy savings from the installa on of a Biomass Boiler. Wood Pellet pricing has been historically stable and not subject to price changes like fossil fuels. Homes that are currently connected to the Gas grid will typically not see reduced fuel bills from the installa on of a Biomass Boiler.
POTENTIALLY SAVE CONSIDERABLE AMOUNTS ON YOUR ENERGY BILLS Switching to a Biomass Boiler could save you hundreds of pounds a year As Biomass Boilers use Wood Pellets for fuel they can present large savings on energy bills for homes that are currently using Hea ng Oil, LPG or Electricity as their main source of heat. Average hea ng prices per kwh are shown below, as well as poten al savings. Goldfield Boiler Share boilers also completely eradicate the large maintenance and servicing costs as each comes complete with full maintenance and servicing Average Fuel Prices* for 7 years. Fuel Price Per Unit kwh per unit Pence per kwh Wood Pellets 210 per tonne 4,800 kwh/t 4.4p/kWh Natural Gas 4.2p/kWh 1 4.2p/kWh Hea ng Oil 64p per litre 10 kwh/ltr 6.4p/kWh LPG 57p per litre 6.6 kwh/ltr 8.6p/kWh Electricity 13.5p/kWh 1 13.5p/kWh Possible Savings A er Installing A Biomass Boiler* Fuel Poten al Savings Per Year Carbon Dioxide Reduc on Per Year Electricity (e.g. Storage Heaters) 340 to 640 8.4 to 14.5 tonnes Oil (non-condensing) 335 to 470 4.8 to 7.5 tonnes LPG (non-condensing) 950 to 1,435 4.7 to 7.3 tonnes Gas (non-condensing) 0 4.0 to 6.3 tonnes *The Average Fuel Prices figures are taken from The Energy Saving Trust. The Possible Savings. figures are also taken from The Energy Saving Trust and apply to a typical four-bedroom detached house with basic insula on. Energy savings can not be guaranteed and your savings may vary.
What is. BOILER SHARE? INTERESTED IN A BIOMASS BOILER? WE LL INSTALL ONE FOR YOU...AND WE LL PAY FOR IT! Þ A state of the art Biomass Boiler installed at your home at a frac on of the cost. Þ 7 year warranty gives full peace of mind. Þ Annual servicing provided for 7 years. Þ Poten ally save large amounts on your exis ng hea ng costs. Þ Contribute anything from 1% to 50% of the Boiler cost and benefit from Domes c Renewable Heat Incen ve payments. Þ Your first 250 worth of Wood Pellets provided free of charge! Visit our website today Www.eco-savers.co.uk
HOW WE DO IT We use Government backed subsidies to pay for the cost of your Biomass Boiler The Domestic Renewable Heat Incentive Boiler Share uses the recently launched Domes c Renewable Heat Incen ve to cover the cost of installing Biomass Boilers in domes c proper es. This government backed subsidy was created to encourage homeowners to switch to Biomass as a new and renewable hea ng source. The scheme pays eligible applicants on a quarterly basis over a 7 year period. Goldfield Partners use these payments to install Biomass boilers on domes c homes at no cost to the homeowner. Why we re different At Goldfield Partners we design all of our products to be fair. We believe in providing renewable solu ons at no cost to households across the country whilst also allowing our customers to take advantage of the same Government backed schemes that we do. Boiler Share is structured to allow homeowners to share the drhi (Domes c Renewable Heat Incen ve) payments with Goldfield. Homeowners can contribute anything up to 50% of the Boiler cost with the subsequent drhi payments split accordingly. Irrespec ve of how much you decide to contribute, Goldfield will s ll provide you with maintenance and annual servicing for 7 YEARS. Goldfield take a small Asset Management fee (0.5% of Boiler cost per quarter) and the MSI (Maintenance, Security and Insurance) fund is retained to cover servicing and repair costs. Below you can find two examples, one with a 1% customer contribu on and the other with a 50% customer contribu on. Minimum 1% customer contribution Cost of your Boiler 18,000 Customer Contribu on 180 Maximum 50% customer contribution Cost of your Boiler 18,000 Customer Contribu on 9,000 Quarterly OFGEM payments 1,125 Minus Asset Management Fee 90 Custodian Fee 3.75 MSI Fund 112.50 Balance 918.75 Quarterly OFGEM payments 1,125 Minus Asset Management Fee 90 Custodian Fee 3.75 MSI Fund 112.50 Balance 918.75 As you contributed 1% ( 180) Goldfield will contribute 99% ( 17,820) so the balance is divided up as follows: You 9.19 Us 909.56 As you contributed 50% ( 9,000) Goldfield will contribute 50% ( 9,000) so the balance is divided up as follows: You 459.38 Us 459.37
WHO HANDLES THE MONEY? Boiler Share is designed to be completely safe and fair to both the customer and Goldfield Partners. In the interest of transparency we have opted to use a third party FCA (Financial Conduct Authority) regulated Custodian service called Street UK to handle all Domes c Renewable Heat Incen ve payments. The payments go directly to the Custodian Account who then divide the money between you the customer and Goldfield Partners as per the Boiler Share Agreement that you previously agreed too. 10% of the OFGEM payment is sent to your specific installer (minus a small amount to cover our insurance responsibili es) every quarter to cover all maintenance and servicing needs for the whole 7 year period. Who are Street UK? Street UK launched in September 2000 and made its first loan in April 2001. Their mission is to support financially excluded individuals with a range of high quality tailored financial services. Their objec ve is to offer a secure pathway out of debt, and to do it on a sustainable basis. Street UK s Administration Package By 2003 Street UK had developed a comprehensive back office service for third and public sector lenders, known as StreetServe. This service provides so ware to organisa ons similar to Street UK to facilitate a loan administra on and systems support package. They now provide this service to 25 similar organisa ons across the UK. Importantly for Goldfield Partners, Street UK has begun to provide these facili es to private sector clients, including prominent names in the crowdfunding sector. Why have Goldfield Partners chose Street UK? Street UK are vastly experienced in the industry and will send over OFGEM payments within 5 working days of payment from OFGEM to you and Goldfield Partners. Its parent business Street UK Founda on is a registered charity with Street UK opera ng as one of its trading arms. Any surpluses generated by the trading arms are covenanted back into the Founda on. Street UK is also regulated by the Consumer Credit Act and the Financial Conduct Authority. Registered charity number: 1081902
The Boiler Share Agreement The Boiler Share Agreement outlines our responsibilities to you and presents all of the legal information you need to know about Boiler Share. The Agreement forms a contract between you and Goldfield and guarantees that we will take care of all maintenance and servicing responsibilities for 7 years. It also ensures that the custodian knows which bank account to send your allocation of the Domestic Renewable Heat Incentive payments to. The Boiler Share Agreement is compiled and sent to you by recorded post as soon as you make your Boiler contribution.
Your Boiler Share installa on is tailored to your property. Goldfield s Boilers are typically external and are posi oned in a place that is most suitable for the grounds of your home. They are posi oned externally so that they cause the minimum amount of disrup on to your home when installa on takes place. Our Boilers take up a small footprint and are durable, safe and completely weather protected against all condi ons. The Boiler is usually plumbed directly into elements of your exis ng hea ng system to reduce installa on me and, again, minimise disrup on. A provision is always made to guarantee instant heat and hot water to make sure you have warmth when you need it. The installa on is typically completed within a couple of days!
Goldfield will take care of the upkeep of your Boiler for 7 years! Every Boiler Share Boiler comes with 7 years of maintenance, warranty support and annual servicing! Your installer will provide you with: Full support in the event of breakdown. Speedy maintenance visits within 24 hours of first contact. Annual servicing to ensure your Boiler is working at op mum levels. Support if you have any ques ons about your Boiler. If you would like to continue your full maintenance package after the 7 year period has ended you are free to enter into a new Agreement with your installer as the Boiler will then be completely your property.
CONTACT US TODAY Call: 0844 686 7307Or visit: Www.eco-savers.co.uk
WOOD PELLETS EXPLAINED What are Wood Pellets? Wood Pellets are generally made from compacted sawdust or other raw materials generated from sawmilling and the manufacture of wood products. Pellets are designed to be extremely dense and are produced with a low moisture content that allows them to be fed into Biomass Boilers with a high level of calibra on. This permits the Boiler to generate the right amount of heat that a home needs at all mes. High density also allows for the compact storage of the pellets and aids in their transporta on around the country. Putting the Pellets in the Boiler Goldfield s Boiler Share Boilers all require manual feeding of the Wood pellets into the Boiler when they are needed. This is an easy process where the user simply ps bags of Pellets into the Hopper of the Boiler. Our Boilers are typically top loading, ensuring easy access when Pellets are needed. Pellets are generally provided in batches of 10KG bags to ensure easy storage and refuelling of the Boiler. Ensuring High Quality Pellets In order to guarantee the crea on of premium Wood Pellets there is now a Europe wide quality standard. There are three levels of European accredita on, Goldfield s Boilers require the highest standard, EN Plus A1 in order to func on correctly. Turn over now to discover Goldfield s new industry leading Pellet retailer.
Your Questions Answered
What does Better Than Free mean? The Domestic Renewable Heat Incentive scheme that is utilised to pay for your Boiler require that the homeowner makes a financial contribution. We decided that 1% would be sufficient under our Boiler Share scheme but also undertook to provide your first batch of pellets entirely free of charge. How do Goldfield Partners pay for the Boilers? We utilise the Government s Domestic Renewable Heat Incentive which pays a fixed sum for every kwh of renewable energy generated using eligible Biomass Boilers. Goldfield use these payments to fund the cost of installing domestic Biomass Boilers. So, what is a Biomass Boiler? Biomass Boilers replace an existing Gas or Oil Boiler. Our Boiler Share installations include provisions for instant heat and hot water much like you would find with a Gas combi-boiler. They burn high quality Wood Pellets and can save you huge amounts on your Energy bills whilst also benefiting the environment. Where is the Boiler installed? Each Goldfield installation is tailored specifically to the individual property. The Boiler is typically located externally (outside of the property) as this is a simpler installation, causes less disruption to your property and is easier to maintain. Who maintains the Boiler? Under Goldfield s Boiler Share scheme we handle ALL maintenance and annual servicing for 7 years. What happens after 7 years? Goldfield s interest in your Boiler ends. The Boiler will become entirely your property for a small nominal fee. Maintenance and annual servicing will then become your responsibility. Turn the page to see more of the most common questions answered.
How long does installation take? Each installation is different but we always endeavour to complete installations quickly, whilst also delivering a first rate service. Typical installations are complete within 2 days but more complex installs may take an extra day. Which Pellets should I use? The European Pellet standard of EN PLUS A1 pellets must be used in your Boiler to adhere to Domestic Renewable Heat Incentive rules and to guarantee great performance from your Boiler. How often will I need to refill? This depends on the size of Boiler needed to heat your home. For a typical well insulated three bedroom semi-detached home you could expect one bag (15KG) of pellets to last around three days in the winter months. Is my Boiler contribution protected? Of course. If you make your contribution and then decide not to proceed with your installation before signing the Boiler Share Agreement we will refund you in full within 14 days. Why use a custodian account? Our Custodian, Street UK is FCA (Financial Conduct Authority) regulated and completely separate from Goldfield Partners. We believe using them guarantees transparency for you, the homeowner and also ensures that the Domestic Renewable Heat Incentive payments are divided quickly and correctly. Payments typically arrive in the respective bank accounts within 5 days. For more information on our custodian please see page 8. What if I sell my house? If you decide to sell your property during the 7 year Boiler Share Agreement you are simply required to purchase Goldfield s interest in your Boiler. This can be done as part of the sale of your property to the buyer. The cost to purchase Goldfield s interest is specific to your Boiler and can be found in your Boiler Share Agreement. Alternatively the new owner can take over the Boiler Share Agreement. Do you have a question that isn t answered here? Please contact us and we will be happy to help. Call: 0844 686 7307 E-Mail: info@eco-savers.co.uk
BETTER THAN FREE Whether you contribute 1% or 50% to the cost of your Boiler Goldfield will supply you with 1 tonne of high quality EN PLUS A1 Wood Pellets worth 250 completely free of charge. So as soon as your new Boiler is installed you will be good to go! ACT NOW TO CLAIM YOUR FREE PELLETS www.eco-savers.co.uk
APPLY NOW FOR A GOLDFIELD BOILER Contact us to arrange your Green Deal Assessment today Call: 020 3544 0047 Or visit: www.boilershare.co.uk Dra Whilst we have taken great care in producing this brochure we reserve the right to change or amend our terms and condi ons at any me. If you have any ques ons please call our team on: 0844 6867307 or visit our website at: www.eco-savers.co.uk October 2014