Renewable Heat Incentive Payments
The government have announced that starting in April 2011 are renewable heat incentive payments. The government have committed to renewable heat incentive payments that are designed to reward solar heating on a similar basis to the reward for solar electricity. From the announcements so far it has been revealed that the renewable heat incentive payments will be available to private households, businesses and non-profit organisations.
The following information is what has been released as a proposal by the Government and will hopefully be confirmed later this year.
The renewable heat incentive grant will be calculated as follows.
In order to make the renewable heat incentive solar heating grants comparable to the feed in tariffs the renewable heat incentives will be based upon the annual amount of heat generated in kilowatt hours. However, it would cause energy loss to measure the actual amount of energy created and the renewable heat incentive will be based on an estimate taken at the time of installation and paid annually for 20 years.
The current proposed payment rates
| Scale of System | Rate (per kWh) | Lifetime |
|---|---|---|
| Up to 20kW | 18 Pence | 20 Years |
| 20kW – 100kW | 17 Pence | 20 Years |
Who is eligible for Renewable Heat Incentive payments
Any projects completed after 15 July 2009, which is the publishing date of the Renewable Energy Strategy, may qualify for eligibility. However, all projects must be carried out by MSC accredited installers using MSC accredited solar products. Rayotec is an approved MSC installer and only provides the best quality MSC approved solar panels and products. Rayotec were also one of the companies to become MSC approved.
Will I have to repay my grant if I obtain Renewable Heat Incentive payments?
A householder who has received a government grant will not have to repay the grant if they receive renewable heat incentive payments.
How much typically could a householder expect to the earn
Depending on the size of the system and the exact method of calculating how much energy the system will produce a typical household could claim between £160 - £350 annually as well as saving up to 60% on their annual hot water usage.
Summary
- Payment made for each unit of heat (kWh) produced
- The lifetime of the payments are for 20 years
- The amount of energy made will be estimated not metered
- For a short time it is possible to receive the householders grant and still be eligible for the renewable heat incentive