Finance

Kensa Contracting connects communities. Acting as a conduit for ground source heat pump products, services, and finance, Kensa Contracting’s award-winning business centres around being expert in the drivers and emerging opportunities that secure the technologies place as the most sustainable, low-carbon, and low-cost heating solution.

The catalyst for all of this is robust finance models and funding mechanisms.

In this section we guide you through the grants and incentives Kensa’s ground source systems can attract to lessen capital investment, attract external investors via Kensa utilities to deliver zero-cost infrastructure, and lower your developments costs by reducing compliance costs and negating carbon offset fund payments.

Finance Options

Grants & Subsidies

 

Government is motivated to encourage the wide scale adoption of ground source heat pumps. Discover the grants and subsidies available to you including the Renewable Heat Incentive, the Energy Company Obligation, Warm Homes Fund & Cleaner Heat Cashback.

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Kensa Utilities

 

Kensa Utilities is an infrastructure asset company which funds, owns and maintains Kensa Shared Ground Loop Arrays that serve ground source heat pump installations, removing the most common barrier to ground source heat pump deployment – the cost of the ground array.

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Carbon Offset Funds & SAP

The cost to comply with emissions reduction targets is increasing for developers who traditionally specify gas, in particular gas CHP, and decreasing for those specifying Kensa shared ground loop array ground source heat pumps.

Owing to GSHPs efficiencies, by more than halving the CO2 emission factors for electricity in the proposed SAP10, the carbon saving for ground source compared to a gas combi boiler will be 70.9%.

For developers who are charged with offsetting excess carbon from new developments via carbon offset funds, this means a best practice development of 300 properties featuring 10% fabric efficiencies plus 25% additional energy efficiency measures, alongside a GSHP, would result in a carbon offset price of £871. Compare this to a gas combi boiler where the carbon offset price would be £2,992, equating to a carbon offset funds saving of £636,300.

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