Update on the Renewable Heat Incentive (RHI) Scheme
May 30, 2014
The Renewable Heat Incentive Scheme (RHI) has been billed as the world’s first long term financial support programme for the generation of renewable energy.
The Renewable Heat Incentive Scheme has been designed with the intention of reducing greenhouse gas emissions and meet UK targets for the reduction of the effects of climate change. In essence, the RHI scheme pays participants to generate and use renewable energy to heat their buildings.
9 April 2014 saw the launch of the Domestic RHI. The Domestic Renewable Heat Incentive is open to homeowners, private landlords, social landlords and self builders who have invested in renewable energy heat sources such as Air Source Heat Pumps, Ground & Water Source Heat Pumps, Biomass-only boilers and biomass pellet stoves (with integrated boilers) and solar thermal panels (flat plate and evacuated tube for hot water only). The tariffs have been set at a level to support the expected costs of RHI over the next 20 years. Tariffs announced in April – and set for the next 7 years – are 7.3p/kWh for Air Source Heat Pumps and 18.8p/kWh for Ground and Water Source Heat Pumps.
The extension of the RHI Scheme to the domestic market is encouraging news for the commercial sector where the Renewable Heat Incentive Scheme was first introduced in November 2011.
In many ways – and depending upon the technology – the RHI Scheme is the icing on the cake for renewable energy users. TKAC have a long history in the design, installation and maintenance of energy efficient heating and air conditioning systems. Using heat exchange technology, systems such as Ecodan air source heat pumps, air and ground source heat pumps produce over three times more energy than they consume, generating savings on energy bills for users.
For more information on energy efficient heating and air conditioning visit www.tkac.co.uk.