renewable energy systems

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The last time time we spoke about oil at Kedco,  prices were at $60/barrel.

Today according to RTE News its risen to over $70 back slightly from a recent high of $75.
“Oil price rose this evening, supported by better than expected economic data and a weaker US dollar. US crude rose $2.03 to $71.60 a barrel, while London Brent climbed $2.21 to $69.41.” - read the article in full

Power generation solutions such as those provided by Kedco are the way to tomorrow.

Carbon Tax is where householders and businesses will be charged a tax based on usage of fossil fuels which include oil, gas and coal. These fuels lead to carbon dioxide being emitted into the atmosphere which is a significant contributor to climate change.

The impact this would have, on households most specifically, would be quiet significant. The cost of heating the home and the cost of running a car would rise substantially especially for those households where oil is the primary fuel source.

Under the Kyoto Agreement, Ireland is legally bound to reduce the amount of carbon dioxide it emits from 70.3 million tonnes in 2005 to 56.3 million tonnes or lower in 2020. It is suggested that a carbon tax is one of the key ways to reduce our emissions.

The following table outlines the potential tax applied at 3 different levels;

@ €20/tonne @ €30/tonne @ €50/tonne
Type Unit C02 (kg)

/Unit

*€ cent/unit

Tax

*€ cent/unit tax *€ cent/unit tax
Diesel Litre 2.78 5.55 8.33 13.88
Electricity kWhr 0.67 1.33 2.00 3.33
Natural Gas (H) 2.11 4.23 6.34 10.57
Natural Gas (L) 1.80 3.60 5.40 9.00
Fuel Oil (EL) Litre 2.66 5.32 7.98 13.30
Propane 5.96 11.91 17.87 29.78
Coal Kg 3.04 6.08 9.12 15.20

* This is how we feel the carbon tax may be implemented.

Some examples of how the above table would apply to your household:

  • If the Government introduces carbon tax at the rate of €20/ton of CO², then a householder burning 2,000 litres of Fuel oil will pay 2,000 x 5.32cents = €106.40 in carbon tax alone – this is added to the purchase price of the diesel oil.
  • Likewise, if it’s coal, and the tax is decided to be €30/tonne of CO², then the householder will pay 1000 x 9.12 cents = €91.20 per tonne of coal burned.

You can see the enormous effect this will have on all fossil fuel prices, once it goes ahead.
What is now being debated is the level of tax/tonne of CO²

Calculate your carbon footprint today or learn about Kedco’s renewable energy solutions and how they will reduce your carbon taxes.

Are you one of the many people out there that are looking to build your own home, maybe planning an extension, or carrying out home improvements? Well if the answer is yes and you are forward thinking, you’ll want to avail of the many alternative energy grants available to you.

Currently, there are many energy grants available to homeowners who are installing renewable energy technology. Sustainable Energy Ireland (SEI), were set up by the government as Ireland’s national energy agency and administrates the greener homes grant scheme for the Irish government. The greener homes scheme provides assistance to homeowners who intend to purchase a new renewable energy heating system. Technologies included in the grant scheme are wood pellet boilers, wood pellet stoves and solar heating systems amongst others.

Kedco is an approved supplier under the Greener Homes Scheme and our eligible technologies are all listed below.

Kedco will assist you in selecting the best renewable energy system for your home and assist in preparation of your Greener Homes Scheme Grant application, which must be approved before any work is undertaken.Free green energy quotation from Kedco

The amount of the grants is fixed and vary according to the technology chosen. The grant covers the cost of the purchase of the system. The product must be listed on the SEI’s Registered Products List with the installation of the technology being carried out by an installer who also appears on the SEI’s Registered Installer List.

A breakdown of the grants for the technologies listed above are as follows:

Solar Thermal Space and/or Hot water Heating (Evacuated Tube) - €300/m2 (max of 6m2)

Solar Thermal Space and/or Hot water Heating (Flat Plate) - €250/m2 (max of 6m2)

Wood Chip or Pellet Stove - €800

Wood Chip or Pellet Stove with integral boiler - €1,400

Wood Chip or Pellet Boiler - €2,500

Wood Gasification Boiler - €2,000

NOTE: Product must be listed, at the date of application, on SEI’s list of conforming equipment (available on request or online)

You will find more information here on renewable energy grants or

Visit the SEI Greener Homes Scheme website.

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