About Us
Established in 1999, Econergy is an acknowledged UK leader in the supply and installation of commercial wood fuelled heating and district heating systems for schools, universities, council offices, country estates, major commercial developments and domestic properties. Econergy offer the following biomass energy products and services:- Design of boiler plant and fuel reception
- Biomass boiler only solutions
- Turnkey supply and installation of boiler & plant room
- District Heating
- Operation and maintenance
- Managed heat supply (incorporating fuel)
Important New Development within Econergy
On the 1st April 2009, Centrica plc, through its British Gas New Energy division announced that Centrica has acquired 19 per cent share of Econergy Ltd, for a cash consideration of £1 million. The British Gas New Energy Division (a relatively small but rapidly growing team) focuses on building integrated renewable energy and energy saving (loft insulation, cavity walls insulation etc.).
Gearóid Lane, Managing Director of British Gas New Energy said:
“This investment is another step forward in our development of a broad range of renewable, energy efficient and low carbon technologies that we can offer our customers, helping them use less and use cleaner technology”
Chris Miles, Managing Director of Econergy Ltd continues:
“With the backing of British Gas, we are now in a position to meet the substantial increase in demand for biomass heating in the coming years. In addition to growing our project delivery and distribution business, we plan to accelerate the growth of our nationwide service and heat supply offering.”
This investment follows the Nov 2008 Energy Act which will bring substantial financial support for heat from wood boilers by 2011 through a Government Renewable Heat Incentive (ie payment to wood boiler owners for heat delivered). The Government believes that the market will grow to 8% of all heat by 2020 which is the equivalent of heating over 3 million homes (although much of it will actually go to schools, council buildings, offices, hospitals etc.).
Econergy will install a system to provide heat to 30 homes for Bromford Housing Group, Wolverhampton