Financial Supports | EnergyCore

Financing Your Energycore Heating System

Did you know that for as little as €400, we can get the ball rolling for you in terms of financial assistance. Energycore is currently putting deals in place with Credit Unions* around the country to help customers finance their new system.

So how does this work?

Example of financing an Energycore Premium Gas Heating System for €5,130

Step 1 Deposit of €400 put into a customer Credit Union share account. (We can facilitate the setting up of the account if the customer is not an existing member of the credit union)

Step 2 Providing all health and financial checks are met, then the Credit Union will issue the loan for €5,130 to be paid off over a period of 3-5 years

Step 3 When the installation is completed, the government will then issue a repayment of €700, which can be sent directly to the credit union to offset the loan, so the loan balance is now €4,430

Over 3 years: monthly repayments = €140 approx
Over 4 years: monthly repayments = €110 approx
Over 5 years: monthly repayments = €93 approx

Over the lifetime of an Energycore Heating System (average lifetime = 20 years), the savings on your household utility bills as a result of having the Energycore system installed should be between €7,000 and €12,000

Financing Your Energycore Solar Panel System

So how does this work?

Example of financing an Energycore Solar Panel System on a 3 bedroom house for €5,460

Step 1 Deposit of €500 put into a customer Credit Union share account. (We can facilitate the setting up of the account if the customer is not an existing member of the credit union)

Step 2 Providing all health and financial checks are met, then the Credit Union will issue the loan for €5,460 to be paid off over a period of 3-5 years

Step 3 When the installation is completed, the government will then issue a repayment of €1,200, which can be sent directly to the credit union to offset the loan, so the loan balance is now €4,260

Over 3 years: monthly repayments = €135 approx
Over 4 years: monthly repayments = €105 approx
Over 5 years: monthly repayments = €90 approx

This system will heat 100% of your water requirements during summer months and up to 60% of your water during the winter months.

Renewable Energy & The Irish Government

Under EU Directives for a greener and more environmentally-friendly approach to energy requirements, the Irish Government is committed to reaching certain target levels for households and businesses to be utilising renewable energy resources by 2020 and beyond.

The Support Scheme for Renewable Heat was designed to replace fossil fuel heating systems with renewable energy technologies.

As a result, there are financial incentives on offer to Irish homeowners in the form of tax credits and grants to facilitate the installation of renewable energy systems in their homes.

At Energycore we are familiar with all the grants and supports currently available and can give our customers the best guidance and advice possible around this, as well as assisting with form completion

If you want to avail of a government grant, it’s not enough just to replace an old boiler for a new one, it requires zoning your house, installing modern thermostats, and increasing the existing BER rating on your home. If you book a free consultation with one of our expert heating engineers we can come out to your home, do a free heat survey, and then give you advice about what is best for you, helping you to save as much money as possible

Full BER Rating Service. After our initial visit, if you would like a full BER Rating Analysis to be carried out on your home, then we will be quite happy to book that in for you and provide the services of an independent BER Rating Specialist for a future date. This service would be especially valuable for people who are considering selling their home, with a view to increasing its value before they do so

*Credit Union areas currently covered are: Credit Union Plus – Navan, Clonmellon, Ballyjamesduff, Ballivor-Kildalkey & Dunshaughlin.