Split ownership of Shared Ground Loop Arrays (SGLAs) unlocks funding mechanisms to encourage the wide scale adoption of ground source heat pumps at zero-cost to the client.
Kensa Utilities provides access to such funding mechanisms and investors.
Funding
Split Ownership SGLAs
Thanks to the subsidy support available via the Renewable Heat Incentive, Kensa Contracting partners with a number of funders who are happy to contribute towards the capital cost of both new build and retrofit installations in return for some or all of the RHI income (typically delivered over a 20-year period).
Of particular interest, Kensa has pioneered the concept of ‘split ownership’ with an entity funding, owning and maintaining the underground infrastructure leaving the house builder to merely cover the cost of the heat pump. This arrangement closely mimics traditional arrangements in the gas boiler industry.
Download guideKensa 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.
Visit Kensautilities.comIt utilises subsidy support to provide these assets at zero cost to the housebuilder or social landlord.
Related Content
Brochures: Funded Split Ownership for Shared Ground Loop Arrays
Download Kensa’s two-page guide to funded Shared Ground Loop Arrays in new build developments, including funded project examples and details of the funding mechanism.