Domestic Renewable Heat Incentive (RHI) scheme, introduced spring 2014.
The domestic RHI provides a financial incentive to owners of eligible renewable heating systems including biomass.
People off mains gas have the most potential to save on fuel bills and reduce carbon emissions. Successful applicants will receive quarterly payments for seven years. Current tariff rates for Biomass boilers and biomass stoves are 12.2 pence per kilowatt hour.
A house currently spending £1,000 on heating oil a year, could by fitting a biomass boiler, earn about £2,000 a year from the Domestic RHI.
The scheme is open to owner occupiers, private landlords, Registered Providers of Social Housing and self-builders who have installed an eligible technology since 15th July 2009, provided they meet the scheme criteria.
To join the Domestic RHI the property must be capable of getting a domestic Energy Performance Certificate (EPC) which gives information about a property’s energy use and is included as part of a Green Deal Assessment.
For more details please contact Anthony Whitton at email@example.com or 07917 324942