The principle behind condensate pumps is a simple and proven one, ensuring reliable and effective operation. Working in the opposite way to a water turbine (whereby energy from flowing water is transferred to a propeller), a condensate pump transfers energy from a powerful motor to the condensate water via a rotating impeller.
This action creates the pressure needed to pump condensate water up and away through an unobtrusive, thin clear tube (provided with the pump). Condensate water is then disposed of in a soil stack or outside drain point.
Condensate pumps usually run intermittently through the use of a small tank in which the condensate water accumulates. When it reaches a preset level, a float is raised to energise the pump. This then runs until the level of liquid in the tank is suitably lowered. Intermittent – rather than constant – operation ensures minimal energy usage to keep your costs as low as possible.
We stock a condensate pump from the leading manufacturer Grundfos as well as condensate neutralisers and soakaways to ensure safe, easy and efficient disposal of condensate waste for any property.
The Green Deal Finance Company (GDFC) has announced its acquisition by Greenstone Finance and Aurium Capital Markets (“Aurium”).
See below a snapshot of their latest press release:
" First launched by the Government in 2013, the Green Deal was established to address the fact that the UK has some of the most thermally inefficient housing in Europe. Green Deal loans provide customers with accessible financing to improve their homes by installing energy efficiency products. In particular, Green Deal financing has the potential to help:
• those who face the heavy costs of needing to install a new boiler or other essential measures but who can’t afford to pay the upfront costs of doing so;
• those who want to increase the value of their homes through installing renewable energy or energy efficiency measures;
• landlords requested by tenants to install energy efficiency improvements or, as of April 2018, landlords who own properties that fall below the new minimum energy efficiency (EPC) rating of E;
Green Deal loans not only offer competitive interest rates, but are more easily managed as loans are repaid as part of a customer’s energy bill, which will normally be reduced by the energy savings generated from the measure the loan has financed – a “Pay-As-You-Save” scheme. Furthermore, the loan remains with the property and is paid by the energy bill payer from time to time – ensuring the payments are made by the person who benefits from the energy saving. " source: http://gdfc.co.uk/press-releases
The new Green Deal home improvement scheme will be re-launched soon, and this time it will be private - not government funded.
The scheme couldn't have come at a better time to support the residential rental sector, where the Minimum Energy Efficiency Standards legislation (MEES) dictates that a property must have an energy rating of ‘E’ or better or it cannot be rented
Much has been said about the Green Deal performance, uptake rate and value proposition. Some analyst suggested the general public struggled to understand what it was about. Nimesh Kamath, a partner at Aurium Capital Markets rightly said “Without convincing and educating people it can never really take off,”
Feel free to get in touch, if you want to find out more.