Boiler, fitting and RHI application cost around £40k plus the VAT. I was tempted with a chip system but just did not have the space/setup to have one. I was also afraid of the price of chip/pellets going up (which they will). At least with timber its at the bottom of the process chain and i can harvest my own from our woodland ground.
You never see a farmer on a push bike
Anyhow, is the boiler going to be enclosed in that shed or left open to the elements?
You can set your pellet price fixed for 20 years if need be!
We are in the process of making a pellet making company.![]()
Certainly not those arable/dairy farmers that's for sure!
We never had an offer on pellets like that! Best we had was, paying for chip via kwh, which I thought was pretty good as any heat wasted to the ground etc was free as it wasn't passing the meter and therefore not being charged.
A friend was looking at a PTO driven pellet maker. I think your on to an excellent business venture especially in this climate.