The domestic Renewable Heat Incentive (RHI) was launched on the 9th April 2014 to encourage households in the UK to make the switch to renewable heat technologies.
The Government scheme is for households both on and off the grid. However, households off the grid have the most potential to save on fuel bills and reduce their carbon emissions.
The purpose of the Domestic Renewable Heat Incentive (RHI) is to compensate households that use renewable technologies, providing attractive financial incentives and return on investment. What’s more, households can also benefit from significant reduction in utility costs while adding value to the property.
The financial incentive will be paid to the owner of the heating system for seven years at a set rate per unit of renewable heat produced (kilowatt hour or kWh).
The scheme will support ground source heat pumps (GSHP), air source heat pumps (ASHP), biomass systems and solar thermal technologies. All tariffs are payable on the amount of renewable heat generated and the rates will vary depending on the technology installed