Domestic Renewable Heat Incentives confirmed

alt tag goes here

News article

Domestic Renewable Heat Incentives confirmed 

July 2013

domestic renewable heat incentives
The Government has today published the tariffs for the domestic Renewable Heat Incentive (RHI) scheme. Householders could be eligible for hundreds of pounds a year for renewable heat generated by solar thermal panels, biomass boilers and heat pumps. 
 
The tariff levels are slightly higher than original proposals, and have been set at 7.3p/kWh for air source heat pumps, 12.2p/kWh for biomass boilers, 18.8p/kWh for ground source heat pumps and at least 19.2p/kWh for solar thermal. 
 
The tariffs will be available from Spring 2014, but anyone installing equipment today under the Renewable Heat Premium Payment (RHPP) grant scheme, which runs until March 2014, will be able to apply for the domestic RHI when it launches. The RHPP will be deducted from RHI payments, in order to minimise cost to the taxpayer. Green Deal finance may also be available to householders to get help with the upfront costs of the renewable heating equipment. 
 
RHI payments will be made quarterly for a period of seven years, and in most cases these payments will be made based on estimated heat demand of the property. Annual payments will change in line with the Retail Price Index (RPI). An additional £230 per year will be available for consumers who take out metering and monitoring support packages for heat pumps and £200 for biomass boilers. 
 
Dan Thory from Fisher German said, “ This exciting announcement means that homeowners can now invest into renewable heating systems, knowing how much the tariff will be and what financial benefit they will receive through the RHI scheme”.  
 
The scheme will be available to homeowners, private and social landlords and third party owners of heating systems. Anyone who has installed a renewable heat technology since 15 July 2009 will also be able to join the scheme, as long as they meet the eligibility criteria. A Green Deal Assessment will be required before submitting an application, with minimum loft (250mm) and cavity wall insulation requirements, where appropriate. All installations and installers of renewable heating technologies must be MCS certified. 
 
Dan went on to say, “The RHI is designed to encourage householders to switch to renewable heat from traditional heating systems, in order to save money on bills, cut carbon and help meet renewables targets.  Renewable heat can be very cost effective, especially for those living off the gas grid, and therefore is of particular interest to farmers and those living in rural areas”. 
 
If you would like some further information on the domestic and non-domestic RHI schemes, please contact Rebecca Seaman (01858 411219) or Dan Thory (01858 411226) on the renewables team at Fisher German. 
 
Click here to read more about our renewable energy services
latest news

latest news

alt tag goes here
alt tag goes here
forthcoming events

forthcoming events

alt tag goes here
Lorem ipsum
Copyright © 2015 Fisher German    All rights reserved   |   Privacy Policy  |   Site Map   |    Accessibility                                                            Created by Supadü
alt tag goes here
Site Search
Awards logo - winner
facebook-social-icon
facebook-social-icon