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Renewable Heat Incentive

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The Renewable Heat Incentive

In November 2011, the UK government launched the commercial Renewable Heat Incentive (RHI) scheme. This programme offers 20 years of payments to owners of heating systems using renewable fuel for the heat they generate and use.

New biomass installations need to be accredited by Ofgem, and once that is complete quarterly heat meter readings are submitted. These submissions determine the payments that will follow. The RHI tariffs are adjusted based on the Consumer Price Index (CPI), and are reviewed every three months. The current RHI tariffs can be viewed here.

The commercial RHI is a tremendous way to pay for the installation of your biomass heating system and receive a considerable return on investment, as installation costs are typically recovered in five to six years on average, including the cost of finance.

This return, alongside fuel cost savings of up to 50% compared to fossil fuels, result in a fantastic opportunity for businesses, public sector and non-profit organisations in England, Scotland or Wales to heat their premises in an environmentally friendly and ultimately profitable way.

Eligibility

There are a number of considerations to make regarding eligibility for RHI, and it can sometimes be a little intimidating finding out whether or not you qualify. At Biomass we take care of the application process and will ensure that your biomass heating system will meet all RHI criteria. Even better, we provide ongoing support to make sure you are making the most of your system and your return on investment is maximised.

Did you know?

These renewable fuel sources can be up to 50% cheaper than oil, 65% cheaper than LPG and 75% cheaper than electricity.

Call to Action

Call to Action

Dou you have a biomass or low-carbon project?

Speak to our Biosol Renewables team now on

0800 689 0550