1 © GDC Group 2010 Heat Solutions. Source; House Hold budget survey (2004/2005) Irish Heating Market.

1 © GDC Group 2010

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Heat Solutions

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Source; House Hold budget survey (2004/2005)

Irish Heating Market

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Fuel Costs

• Oil Prices have risen 40% in the last 4 years

• 58% in the last 10 years with a clear pattern of price acceleration emerging.

• It is a similar story for LPG which has seen a rise of 60% over the last 10 years.

• The key opportunity lies in markets where there only oil or LPG as an option.

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Brand leader

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Fuel Costs – Jan 2013

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Oil0

Cost / kWhCost / kWh

Fuel Costs – Jan 2013 – 70% efficient boiler – 300% efficent heat pump

LPG Oil Gas Heat Pump02468

101214161820

Fuel Cost per kWh

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What is a heat pump

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Heat Distribution

• Heat pumps run at the cheapest at the lowest flow temperatures

• Works well with Under - Floor

• But not the only option

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Smartrads

• Range of compact fan assisted radiators

• Ideal for use with Heat Pumps or Condensing Boilers

• Designed for Low Mean Water Temperature

• More Energy Efficient than conventional radiators

• Fast Response with Low Water Volume

• Low Surface Temperature Thermostatic Control with every room zoned

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Smartrad

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Smart energy storage

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• Up to 30% reduction in overall running costs* • *Independently verified by Strathclyde University

Quantum Savings Comparison Profile

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Quantum

LPG Oil Gas Heat Pump Quantum Storage Heating

02468

101214161820

Fuel Cost per kWh

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Storage of electric energy

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Non-WindGeneration

WindGeneration

MW

Share

Non-Wind %

Wind %Time (30 days)

5000

4000

3000

2000

1000

0

100%

75%

50%

25%

0

50% LimitOn grid

Source: Eirgrid24% wind in November 2011

Wind on the Irish grid

16 © GDC Group 2010

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Quantum – The Future of electric heating