Rising energy bills and microCHP
MicroCHP will make more and more sense economically as energy prices continue to rise. The value of the power generate by the microCHP increases as the gap between gas and electricity prices increase, this is known as the spark gap. For example if energy prices are 3p for gas and 13p for electricity there is a spark gap of 10p. If energy prices rise by 10%, then gas becomes 3.3p and electricity 14.3p, the gap has now become 11p, so the spark gap will continue to increase whilst proportionally energy prices rise at the same rate.