How much does a renewables Insurance Backed Guarantee cost?
A renewables Insurance Backed Guarantee costs a UK installer a one-off premium per installation — not a yearly fee. For a £10,000 solar installation, it would average around £109.60 and for a £12,000 air-source heat pump. it would average around £300, including Insurance Premium Tax. What you pay depends on the technology, the size of the installation, how long the guarantee runs, your track record as a business, the underwriter and how many installations you put through.
Heat pump installer Insurance Backed Guarantee: what’s required for BUS grants
Quick answer: To fit heat pumps under the Boiler Upgrade Scheme, you must be MCS-certified, and you must back your company written guarantee with an Insurance Backed Guarantee — MCS-approved financial protection lasting at least six years. For BUS work you’re also still expected to hold consumer-code membership (RECC or HIES) for now. The grant itself — currently £7,500 for an air-source heat pump — comes off the customer’s invoice, and you claim it through Ofgem.
MCS, RECC, HIES: which renewables scheme do I need?
Quick answer: MCS is the certification you must have for renewables government grants. RECC and HIES are consumer codes — rules that protect homeowners. Under the redeveloped MCS scheme, MCS now covers consumer protection itself, so RECC or HIES membership is no longer mandatory — except for Boiler Upgrade Scheme work, where it’s still expected for now. Whichever route you’re on, you must give the homeowner an Insurance Backed Guarantee.
One Insurance Backed Guarantee Provider across every renewable trade you do
If you fit solar, batteries and heat pumps, you shouldn’t need a separate Insurance Backed Guarantee provider for each one. Often, a single provider can cover the lot — one account, one set of paperwork, one place to register every job. That’s simpler to run and cheaper on your time than juggling several.
Do I need Insurance Backed Guarantees to be FENSA registered?
Yes — since 6 June 2014, every domestic double glazing installation notified through FENSA, CERTASS or Assure must carry an Insurance Backed Guarantee. Here’s what the rule says, which jobs are exempt, and how to meet it without extra admin.
How much does an Insurance Backed Guarantee cost a UK installer?
What does an Insurance Backed Guarantee cost? On average around £22.97 for a typical double glazing job — a one-off premium per job, not a yearly cost. Here’s what your premium depends on, plus a guide by trade.
What happens if I don’t issue an IBG on a FENSA job?
Miss an Insurance Backed Guarantee on a domestic FENSA job and the certificate can’t be properly registered — and repeated failures can end your registration. Here’s the full chain of consequences, and how to make registering your insurance backed guarantees as easy as possible.
How to auto-issue FENSA BRCCs for Insurance Backed Guarantees
With auto-issue, notifying a job to FENSA is the only admin you do — the Insurance Backed Guarantee follows automatically. Here’s the full flow from joining to your customer’s documents, step by step.
Cheapest IBG for FENSA installers: what’s really in the price
The cheapest Insurance Backed Guarantee is rarely the one with the lowest per-job price. Four questions — and one hidden cost — show what a provider really costs you across a year.
How to choose the right IBG provider (10-point installer checklist)
FCA regulation, scheme approval, every fee in writing — three non-negotiables before you sign with any Insurance Backed Guarantee provider. The full 10-point checklist, with a scorecard and the red flags to walk away from.