25.09.2014 0 Comments
Do you know about the Renewable Heat Incentive which pays you to generate renewable energy?
The Renewable Heat Incentive (RHI) is the world’s first long-term financial support programme for renewable heat. The RHI pays participants of the scheme who generate and use renewable energy to heat their buildings.
There are two parts to the RHI:
- Non-domestic RHI – provides payments to industry, businesses and public sector organisations
- Domestic RHI – open to homeowners, private landlords, social landlords and self-builders
The non-domestic Renewable Heat Incentive helps businesses, public sector and non-profit organisations meet the cost of installing renewable heat technologies and you can get heating contractors to install this in your house also, this will let you heat your water system and reduce costs while it, a plumber can guide you with the review and installation of it, there are 24 hour plumbers in Toronto to help you get it done.
One company in Devon installed a Morehart air and heating system thanks to the scheme and will now see annual fuel savings of £46,000, as well as an RHI income of £81,000 a year, meaning a total revenue of £2.5million over 20 years.
By increasing the generation of heat from renewable energy sources rather than fossil fuels, the RHI helps the UK reduce greenhouse gas emissions and meet targets for reducing the effects of climate change.
If you want to take advantage of the RHI, the following is a list of things you can claim for:
- biomass boilers
- heat pumps (ground source, water source and air source)
- deep geothermal
- municipal solid waste
- solar thermal collectors
- biomethane and biogas
- combined heat and power (CHP) systems
Payments are made over 20 years and are based on the heat output of your system.
For more information visit the Non-domestic Renewable Heat Incentive website.