As the Government has launched its Renewable Heat Incentive scheme, it’s time to find out if you can benefit and how to apply. The RHI came into power on April 9 and helps homeowners to earn a fixed income with renewable technology.
Are you eligible?
The Government launched the RHI scheme in an effort to reduce carbon emissions and meet EU targets. Not only will you create a more eco-friendly home with renewables, but you’ll be able to make huge savings on your energy bills too.
It is hoped that with financial incentives on offer, there’ll be a greater uptake of renewables from homeowners around the UK.
There are four renewable products to consider if you want to make huge savings and earnings with the RHI:
- Solar thermal panels
- Air source heat pumps
- Ground source heat pumps
- Biomass boilers.
There are certain regulations that need to be met as well if you want to receive the payments.
Applicants need to be either:
- A homeowner
- A social landlord
- A private landlord
- A self-builder
- A third party owner of a heating system
The system will also need to have been installed since July 15, 2009.
How to apply for RHI
To start receiving RHI payments you need to have one of the above mentioned systems installed in your home. First of all though, you’ll need a Green Deal Assessment to measure the energy efficiency of your home.
The idea is for your home to be as efficient as possible, so you can maximise the benefits of renewables.
Once the assessment has been completed you’ll receive an updated Energy Performance Certificate for your home.
Then an MCS registered company will be required to fit the renewable products you desire.
When your renewables have been fully installed you can complete the relevant RHI paperwork and submit it to Ofgem to start receiving payments.
Eligible technologies for RHI
As mentioned, there are four renewable heat technologies available for the RHI. This includes air source heat pumps, ground source heat pumps, biomass boilers and solar thermal panels.
All systems need to be installed by an MCS accredited company to ensure the system meets a certain level of quality.
If you have previously had your system installed, then you still stand to benefit if it was after July 15, 2009.