NEWSFLASH: Renewable Heat Incentive

What is the Renewable Heat Incentive?

The Renewable Heat Incentive is a fixed payment for the renewable heat you generate yourself

The Renewable Heat Incentive is very similar to the Feed in Tariff, a comparable scheme for electricity which went live in April 2010. The Feed-In Tariffs have done more than anything else to accelerate the installation of renewable energy capacity in Europe. That's why the founders of Renewable Heat Incentive Limited were so active in the campaign to introduce them in the UK. It succeeded and in June 2011 the Renewable Heat Incentive will come into force.

While the Renewable Heat Incentive is very similar to the Feed-In Tariffs, there are some important differences due to the fact that pretty much every single property in the UK generates its own heat from a gas or oil boiler. In other words, there is no ‘National Grid for Heat’ and so importing and exporting heat is not relevant and it will be paid for by the Treasury not by energy users.

There are three steps to the RHI:

Step One: you install renewable heat systems in your property such as solar thermal panels, heat pumps or a biomass (wood burning) boiler

Step Two: an estimate is made about how much heat your renewable energy systems will produce

Step Three: you get paid a fixed amount based on that estimate

Who is it for?

Broadly speaking, the Renewable Heat Incentive is for everyone, including households, landlords, businesses, farmers, schools, hospitals, care homes and more. The RHI can even be used by entire communities, coming together to invest in a renewable scheme from which they will all use the heat and share the income.

Who can claim the tariffs?

Anyone who installs a renewable energy system producing heat after July 15th 2009 is eligible to claim the Renewable Heat Incentive. Virtually every property in England, Scotland and Wales is eligible.

When can I claim the tariffs?

You will not be able to claim the tariff until June 2011. However, any system that was installed after July 15th 2009 will be able to claim the Renewable Heat Incentive when it goes live.

For more information, and to get an information pack sent out to you please either call or email us: 01579345018 or sales@stoveshop.co.uk