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21/04/2009

NIE Funding For Renewable Builds

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NIE has announced plans to provide additional support for renewable energy in Northern Ireland.

As part of its Smart Programme, NIE will be offering a new top-up grant to those householders who have successfully applied for a grant from the Government’s Low Carbon Buildings Programme Stream 1:

( www.lowcarbonbuildings.co.uk).

The top-up grant is available for solar thermal (water heating), wind turbines and solar photovoltaics (electricity).

Solar water heating projects will receive an overall maximum of £400 or 30% of the relevant eligible costs (whichever is lesser) from LBCP, with an NIE top-up of £400 per installation.

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Solar photovoltaics projects can attain a maximum of £2000 per kWp, subject to an overall cap of £2500 or 50% of the relevant eligible costs (whichever is lesser), from LCBP with around 15% of installed cost or £900/kWp up to a maximum of £4500 per application (whichever is lesser) contributed by NIE.

Wind power projects can get £1000/kWp up to a maximum of £2500 per installation or 30% of the relevant eligible costs (whichever is lesser) from LCBP, supplemented by £500/kWp up to a maximum of £3000 per installation or 30% of the relevant eligible costs (whichever is lesser) from NIE.

Only applications submitted from the 6 April will be eligible for additional funding from this new top-up grant.

To access the top-up grant, householders must use LCBP accredited installers and products and be able to provide evidence that a successful application has been made for LCBP funding.

(PR/KMcA)

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