From 1st April 2013 the Commercial Renewable Heat Incentive (RHI) Tariff Rates increased in line with inflation to the levels shown here
The increase reflects the pro-rated index-linking of the RHI to the Retail Price Index with an increase of just over 3% applying to both installations currently receiving the government incentive and future installations.
Save Money, Make Money
Not only can Renewable Heat make you money through the RHI you could also save money on your heating costs. As an example switching to Biomass from oil or LPG typically results in 20% – 40% savings on fuel costs and with fossil fuel costs rising there has been no better time to ‘go green’.
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An £865m scheme to financially reward households that generate hot water or heat from renewable sources has been delayed for up to a year in a further embarrassment for government over low carbon energy payments.
The second phase of the renewable heat incentive, seen as the equivalent of the solar feed-in tariff for generating electricity, was announced last year and due to be launched next week. But in a statement on Tuesday, the Department of Energy and Climate Change said that it wanted to conduct further consultations on how to control costs.
The scheme, which is intended to make it financially attractive for consumers to install low carbon heating systems like solar water heaters, biomass boilers and ground source heat pumps, is unlikely now to be in operation until mid-2013.
Consumers and business have previously been told that they can expect to be paid around 8.5p/kWhr for the hot water and heat which they generate and use themselves, with a further payment if surplus heat is “exported” to other users. The payments, which will run for 20 years, are expected to come direct from the Treasury, rather than electricity companies who are paying consumers for solar elect...
The government has issued a rallying call for householders to take advantage of the first £15m phase of the Renewable Heat Incentive (RHI), which is expected to see 25,000 biomass boilers, air and ground source heat pumps, and solar thermal panels installed in UK homes.
Climate change minister Greg Barker today launched a dedicated phone line and website to provide information to those interested in taking advantage of the Premium Payment scheme. The scheme will from next month offer grants of up to £1,250 to help reduce the upfront cost of installing renewable heat technologies.
DECC is now urging people to ensure their houses have basic energy efficiency measures in place before applying for a Premium Payment grant, which will be made available on a first-come, first-served basis.
The scheme is being run be the Energy Saving Trust and will be open from August 1 until March 2012. Grants will be handed to households in the form of vouchers that can be cashed in with approved suppliers until March 2012.
Those interested in applying for vouchers can call 0800 512 012 or visit The Energy Saving Trust’s website.
The Premium Payment is a precursor to the full domestic RHI, w...
Homeowners, schools and businesses will be able to apply for a slice of £860m government funding to help them install wood boilers and solar water heaters under new plans unveiled on Thursday morning.
The “renewable heat incentive” is the first financial scheme of its kind in the world to subsidise low-carbon heating, and over the next decade could reduce carbon dioxide by 44m tonnes – equivalent to taking 20 gas fired power stations off the grid, according to government estimates.
Businesses and public sector organisations are expected to be the biggest beneficiaries of the plan at first, as households will have to wait until October 2012. But up to 25,000 homeowners will be eligible from this July for a special grant to cover the cost of installing green heating.
Ministers also expect the scheme to generate thousands of new jobs.
“This is not marginal … this is a big, big scheme,” said Chris Huhne, energy and climate change secretary.
People taking up the subsidies will receive a rate of return on their outlay of about 12%, according to government calculations. For instance, a large ground source heat pump installation costing about £300,000 would receive a subsidy ...
