Renewable Heat Incentive
The Domestic Renewable Heat Incentive (Domestic RHI) is a government financial incentive to promote the use of renewable heat. Switching to heating systems that use eligible energy sources can help the UK reduce its carbon emissions and meet its renewable energy targets.
How does it work?
First you will need an Energy Performance Certificate (EPC) for your property. This document contains details which demonstrate how energy efficient your property is and provides a figure in kilowatt hours (kWH) which is the estimated amount of heat energy needed to heat your home and hot water annually. Payments are made based on the amount of renewable heat energy created. The efficiency of the product installed and overall system design can affect how much you can earn from the RHI.
As an example a typical 3 bedroom property may have a total annual kWh figure for heating and hot water of 15,000kWh. Currently under the Domestic RHI this property could be eligible for around £1,100 per annum of RHI funding over a 7 year period for a total of £7,700.
The maximum payment for an air source heat pump is around £10,500 over 7 years as there is a cap set on the EPC energy figure of 20,000kWh.
If you are considering an air source heat pump for a new build project or renovation or as an alternative to oil or LPG heating please click here to book your free consultation to discuss your requirements or call us on 01933 275201.