Tuesday, 1 November 2011

First Small Scale Renewable Energy Systems Insurance Cover

Naturesave, which won the Queen’s Award for Industry earlier this year, will provide the radical new policy from early October, which will cover Renewable Energy Installations for schools, small businesses and community organisations - and guarantee green energy revenues.

The only cover of its kind in the UK, the Small Scale Renewable Energy scheme has been set up to ensure that organisations and businesses, who have installed green energy systems, have access to realistic and affordable cover for the equipment and guaranteed protection for the revenues they earn in the event of mechanical breakdown or material damage, as well as public liability.

There has been increasing commercial interest in installing renewable energy systems, following the introduction in April 2010 of Feed-in Tariffs (FITs) for renewable energy. Technology is becoming more efficient and affordable, and businesses, community organisations and schools are now seeing the benefits of renewable energy in terms of cost savings as well as reducing their environmental impact.

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