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What is the Government RHI Scheme?
The Renewable Heat Incentive is similar to the Feed-in Tariffs, a comparable scheme for electricity which went live in April 2010. The Feed-In Tariffs have done more than anything else to accelerate the installation of renewable energy capacity in Europe. That's why the founders of Renewable Heat Incentive Limited were so active in the campaign to introduce them in the UK.
How much can you earn?
The Department of Energy and Climate Change (DECC) has now announced the domestic Renewable Heat Incentive (RHI) levels;
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Solar thermal: 19.2p/kWh (minimum)
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Biomass boilers: 12.2p/kWh
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Ground source heat pumps: 18.8p/kWh
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Air source heat pumps: 7.3p/kWh
How does it work?
Step One: You install in your property renewable heat systems such as solar thermal panels, heat pumps or a biomass boiler
Step Two: You measure how much heat your renewable energy systems produce
Step Three: You get paid a fixed amount based on that output, the type of technology and the size of the system
The tariff will be paid on a quarterly basis for seven years and will be based on the estimated heat demand of the property in most cases. DECC is offering an additional £230 per year for consumers who take out metering and monitoring support packages for heat pumps and £200 for biomass boilers.
Read more about the RHI in these two articles online:
http://www.solarpowerportal.co.uk/news/decc_lifts_lid_on_domestic_rhi_2356
Government RHI Scheme
The fixed payments you receive for the renewable heat you generate yourself
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