At this rate, by the time you get an install date, Octopus will be paying you for the opportunity to install it in your property!😉  Toodles.

Posted by: @toodles

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At this rate, by the time you get an install date, Octopus will be paying you for the opportunity to install it in your property!😉  Toodles.

I don’t think that’s quite correct. So far as I know, the grant money doesn’t “belong” to the householder; it’s merely paid to them for them to put to a predefined and narrow set of uses. Anything not used would therefore, I think, have to be returned. Whether the BUS scheme has a mechanism for doing that is a separate question.

@majordennisbloodnok I think you're correct. My understanding is that if the grant is not fully utilised (i.e., the installation costs are lower than the maximum grant amount), the unused portion of the grant does not get distributed to the homeowner or installer. It simply remains unclaimed. The BUS is designed to subsidise costs up to a specified limit, but it does not disburse funds beyond the actual installation costs.

Posted by: @njt

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One thing reading on here though I tried to get removed was the buffer/volumiser, but no chance. They say it's part of the system and needs to be installed. 

Welcome to the forums @njt – in quick response, a volumiser is fine, it's the buffer that's the potential issue. That said, a well-installed and balanced buffer can be efficient, but the problem is that installers don't do this properly and this leads to issues and higher running costs. 

I'll be very interested to hear your updates and see how things progress from installation to getting the unit running.

Having re-read your message, as you're below the BUS grant amount, why don't you consider going ahead with the Heat Geek and getting the installation guarantee?

@editor 

Hi Mars, I could have made it clearer but the prices I initially gave were after the BUS amount, so Octopus £11600, Heat Geeks £13900. Oh and heat geeks quote was just off their website.

Update from Octopus, they say the buffet/volumiser is 1 unit, there's different ways to connect it up as to which ones it operates as. 

I requested the volumiser, the advisor said he'd never had that request put to him before and he'd have to get back to me.

@editor

Does anyone think that the cost of an installation would ever be proposed less than £7500, while the grant remains at £7500?

@derek-m Do Bears **** in the woods???!!!

Posted by: @majordennisbloodnok

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I don’t think that’s quite correct. So far as I know, the grant money doesn’t “belong” to the householder; it’s merely paid to them for them to put to a predefined and narrow set of uses. Anything not used would therefore, I think, have to be returned. Whether the BUS scheme has a mechanism for doing that is a separate question.

 

Posted by: @derek-m

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@editor

Does anyone think that the cost of an installation would ever be proposed less than £7500, while the grant remains at £7500?

@njt that occurred to me after I’d posted that your figures would have been after the BUS grant, but wasn’t near a computer.