Why is the Renewable Heat Incentive (RHI) needed?
The incentive has been introduced by the Government to help increase the level of renewable energy in the UK. A legally binding target of 15% of total energy from renewables by 2020 has been committed to.
The aim of the RHI is to pay for the new installation over a period of 7 years and to give the homeowner a more efficient system for the future.
How does the Renewable Heat Incentive (RHI) work?
Step One: Householders install their chosen renewable energy technology in their property such as solar thermal or a biomass boiler.
Step Two: Home owners measure the amount of heat their renewable energy technology generates.
Step Three: A fixed amount (tariff) is paid to householders based upon the size and type of technology they have installed and its output. This is paid every quarter.
Who is eligible?
Broadly speaking everyone! From Households, Businesses and Schools to Hospitals, Care Homes and even private landlords.