Posted on October 27, 2022.
Rising costs of electricity, oil and gas continue to make wood chip an attractive option and choosing wood fuel to heat homes is a sustainable choice. Especially for those heat users who are already registered with the Renewable Heat Incentive (RHI).
With the wholesale price of conventional energy continuing to rise, wood chip has become the cheapest form of fuel for domestic and commercial operations. Wood fuel is a natural, sustainable, and carbon-efficient source of energy.
This heating fuel comparison chart, updated in October 2022, makes a strong case for using your wood chip fired biomass boilers as much as possible.
Fuel Chip Ltd are already assisting several clients with servicing and repairing biomass boilers. Some of these were secondary or backup boilers, but are now needed as primary boilers, given the recent energy price increases. Some clients with boilers set up for wood pellet are converting them to now burn the much cheaper, and locally sourced, wood chip.
Wood chip is now by far the cheapest heating fuel, regardless of whether you are receiving RHI payments or not – see the following chart.
Notably wood pellet prices have seen a massive price increase worldwide. Demand for wood pellets has increased in the UK and across Europe, as people try to decarbonise. In addition, there is a shortage in supply, as many of the imported pellets were of Russian origin and are, understandably, no longer available. This increased demand and shortage of supply has led to the rising prices.
Do contact us, as soon as possible, if you require assured wood chip supply this winter. We have seen a large increase in demand and will be prioritising existing clients as always, and new clients on a first come first committed basis.
The following chart, sourced from various energy sites, showing approximate output costs, in pence per kWh:
Wood is an abundant natural resource and producing wood fuels can boost local jobs and support rural communities. Wood fuel is a good option and there are many reasons to choose wood:
There’s more about the RHI here
We offer customised energy service contracts covering fuel supply and maintenance appropriate to each client’s circumstances and requirements:
Contact us for more details. Call 01753 657280 or email firstname.lastname@example.org