One of the challenges that housing associations are faced with, is managing a large portfolio of critical assets and ensuring heating and hot water continuity to their residents. Communal boiler replacement schemes require significant capital expenditure, which in most cases are not financially viable for housing associations. The result of this is an increase in ageing communal plant room stock, compounding the risk of failures and downtime of services to the residents in the future.
Another challenge is the process of replacing communal boiler plant rooms, which is very time intensive. Generally speaking, the client has to create tender documentation and planning applications as well as short listing and instructing the successful contractor. The timescale of this varies but can be anywhere between 3-6 months.
How can housing associations benefit from renting boilers?
The biggest benefit of partnering with a specialist boiler hire company is to have a 24/7 support structure in place for their critical assets. Housing associations can feel safe in the knowledge that in the event of a failure there is a solution available to restore heating and hot water to their residents.
However, being proactive rather than reactive is the best plan of action when dealing with ageing critical assets. By marking the high risk stock, the housing association has the opportunity to look at different options, one of which is a longer term boiler rental solution. Longer term boiler rental allows the association to take their high risk plant room offline, resulting in some much needed breathing room to formulate a plan to replace.
The other benefit to renting is affordability. Ageing plant rooms quite often house boilers with 25-30% less efficiency than the modern alternative. Once the boiler rental solution is installed, the housing association benefits from an instant reduction in utility costs which can be used to mitigate their financial exposure on the monthly rental.
Rapid Energy offers two options to mitigate downtime
- A long term rental solution encompassing modular, high efficiency packaged boilers. Utilising boilers rated at 94% efficiency as a minimum into the product, we can offer both short and long term boiler rental solutions to support housing associations and their communal plant rooms. Remote monitoring, ongoing maintenance and 24/7 callout support is included within the agreement.
- Service recovery plans are a great solution to consider, if a boiler plant is showing signs of failure. The end result is a far quicker response and commissioning time for a temporary boiler solution. We offer three different levels of disaster recovery to suit various budgets and scenarios.
If you have any questions regarding the above options, you can arrange a call by completing the form below or contact us directly on 0800 464 7025.