What is RHI (Renewable Heat Incentive)?
What is RHI? It is a financial incentive scheme designed to encourage uptake of renewable heating among domestic consumers. The objective of the Domestic RHI is to significantly increase the proportion of heat generated from renewable sources. The RHI should help the UK meet EU targets to reduce carbon emissions. In addition the Domestic RHI has the wider potential of developing ‘green jobs’ and supporting green product innovation.
What’s the Tariff?
The domestic RHI will pay tariffs per unit of heat generated deemed on an EPC certificate. These tariff rates are contracted for a set period and have been calculated to reflect the expected cost of renewable heat generation. Payments are made on a quarterly basis.
How much exactly will you get back?
Exactly how much financial return you receive will be estimated based on each individual property and via the EPC (Energy Performance Certificate).
Can I get a better tariff by using a specific branded product?
No. The tariff remains the same for everyone and is based on the EPC. However it’s important to consider the longevity of the systems by choosing a system that is reliable and cost effective to maintain.
Our experienced technical experts will be able to bespoke a design that is suitable for any project no matter how big or small. They will advise on any aspects that may affect the systems performance or be able to boost its performance.
Who is eligible for the RHI?
Homeowners, private, social, landlords, third party owners of heating systems and people who build their own homes. There is an RHI available for commercial properties, for more info please contact us.
Who is administrating the RHI?
Ofgem are administrating the scheme, it is the government department responsible for regulating the gas and electricity markets.
Ofgem’s key objectives involve protecting consumers by ensuring that they are not being taken advantage of by energy suppliers, they also attempt to ensure that a certain amount of the profits made by the energy companies will pay for the safe supply of energy and that greenhouse gases are reduced as much as possible.
Consumers have obligations that must be reported to Ofgem, equipment must be maintained in-line with the manufactures guidelines and evidence of maintenance work must be kept. Ofgem will also be collecting data regarding your installation and energy use in order to tailor future policy..
Finding an installer?
All installers must be certified and MCS approved. A quality installer will be able to offer the best solution for your property and will be able to provide honest estimated returns from your installation. They will be able to recommend the best installation methods, and spot any potential problems or hurdles to overcome prior to the installation. Sunlight, distance, positioning and many other factors play a part in your systems performance depending on what renewable energy system you are choosing. There are also options on how to boost or maximize your systems performance. A good installer will provide the best solution using different product options for each individual basis. Check warranties & ensure installation guarantees.
When can I go ahead?
Right now! Contact us with your questions or to arrange an appointment with our specialists who can provide a FREE of charge estimate and investment summary.
What is RHI