Article 17 Determining savings for a qualifying boiler repair and replacement

The cost saving for the repair or replacement of a qualifying boiler must be determined in accordance with the following formula—

In paragraph (1)—

• “A” means the cost of heating the premises (“P”) where the repaired or replaced boiler is situated and, where applicable, heating water at P as determined in accordance with—

  1. (a)

     the Standard Assessment Procedure;

  2. (b)

     the Reduced Data Standard Assessment Procedure; or

  3. (c)

     an appropriate methodology for calculating the savings approved by the Administrator under article 18,

  where the calculation is based on the absence of a working heating system in P;

• “B” means the cost of heating P and, where applicable, heating water at P using, as applicable, the boiler that was repaired or the replacement boiler;

• “N” means—

  1. (a)

     in the case of a repair of a qualifying boiler which is accompanied with—

     1. (i)

        a year’s warranty, 1;

     2. (ii)

        two year’s warranty, 2;

  2. (b)

     in the case of a replacement of a qualifying boiler, 12.