The Renewable Heat Incentive (RHI) is a UK Government scheme set up to encourage uptake of renewable heat technologies among householders, communities and businesses through the provision of financial incentives. You can claim for:
Solar water heating
Certain heat pumps
Domestic payments are made for 7 years and are based on the amount of renewable heat made by your heating system.
How much are RHI payments?
The Domestic RHI tariff rates are as follows for the period 01/07/16 – 30/09/16:
Biomass boilers and biomass stoves – 4.68p per kilowatt hour
Air source heat pumps – 7.51p per kilowatt hour
Solar thermal – 19.74p per kilowatt hour
What is a Feed-in tariff?
A feed-in tariff is a measurement of every unity of electricity you generate with your solar panels. You get paid an amount for every unit of electricity you generate, whether you use it or not, for the first 20 years of your solar panel installation.
What is the current feed-in rate?
4.25p per kilowatt hour (KwH) is the current feed-in rate. (to 30/09/15)
You get paid this amount for every unit of electricity you generate, whether you use it or not, for the first 20 years of your solar panel installation.
What is an export tariff?
An export tariff is an amount of money paid when electricity is generated by your solar panels that is not used within your house; is instead exported to the grid for others to use. The Government pays you for generating that supply, for the first 20 years of your installation.
What are the price differences between fossil and renewable fuels?
Fuel costs (Feb 15) vary with supplier and bulk discounts, but on average expect to pay:
3.1p/kWh for wood-chip
4.77p/kWh for pellets
4.29p/kWh for natural gas
5.36p/kWh for oil
8.32p/kWh for LPG
14.04p/kWh for electricity
Where can I see real life examples of calculations?
You can read case studies from our customers on our website. If you would like to arrange a personal visit to a particular installation simply give us a call on 01723 371374 and we will arrange one for you with the homeowner.
For any more queries or to contact a Life’s Energy Adviser click here