The Renewable Heat Incentive
Save Money and Make Money From Your Energy Bills
The Renewable Heat Incentive is one of the Government initiatives that we do embrace. Polyramek Energy was started with a view to helping people save money long term on their energy prices and other areas from our work.
What The Renewable Heat Incentive does do, is help you save via renewable energy and at the same time, make money.
Realistically people such as any homeowner or renter of property have more focus on saving money and when it comes to the environment, watching our energy bills.
It would be even better if we were to cut our energy bills, save money and then make the environment a safer place. If you could earn extra money on top of this you have more than a good deal.
This is the point of the Government’s backed Renewable Heat Incentive package. The scheme was introduced in 2011 for commercial and 2014 for domestic with the aim to allow property owners to…
- Save money on their energy bills
- Reduce their carbon footprint
- And make extra money while doing it
- Be more self-sufficient energy wise
So, who qualifies for the Renewable Heat Incentive, is it just commercial properties or domestic households?
It’s aimed at Commercial and Domestic. The Renewable Heat Incentive is all inclusive as the Government look to get the nation using renewable energy.
This is one of the many reasons Polyramek Energy embraces RHI because it is aimed at so many people across the country.
We can look at this on two fronts, domestic and non-domestic.
- Domestic – When we say domestic we mean private tenants, landlords or homeowners. People on Social Housing can also qualify when successfully meeting the criteria which an Assessor will help you with when looking at the property.
The type of technology used will be
Biomass Systems. Generating heat from natural means. Biomass heat comes from areas such as wood and natural resources. Due to the rising oil and gas prices the popularity in Biomass is increasing.
Air Source Pumps. Quite simply Air Source Pumps absorb the heat from the outside air. From here they are used to warm and heat radiators and other devices, effectively transferring the energy into heating for the home.
Ground Source Pumps. The pipes in your garden or outside are used by Ground Source Pumps to extract heat so you can warm your home. Innovation using natural resources to keep your energy bills down.
Solar Thermal Technologies. Taking advantage of the elements to harness the heat to your home through the use of solar panels, popularity in this form of heat insulation has been increasing way before RHI.
For more details and to see if you are eligible please click here
- Non-Domestic – Emphasis on non-domestic can include the public sector, commercial, industrial and not-for profit organisations with emphasis on financial incentives to sign up for the RHI. The Renewable Heat Incentive should be looked at for bio methane producers and renewable heat generators, with a maximum installation of 20 years. For more details and to see if you are eligible please click here
From the Government’s point of view, the Renewable Heat Incentive package is part of the targets that they have set. By 2020 the Government want to get 12% of domestic and non-domestic heating coming from renewable fuel. This cuts down the reliance on fuels such as oil and gas.
Renewable fuel is also friendlier for the environment and fits perfectly with the Government plans to use energy in a cleaner way.
Is it worth it…will I save money?
RHI is a long term installation in the sense you have it installed but you have to be committed to it. Upfront cost can be anywhere from £3000 to £24000. Solar thermal will be at the bottom end of the market place price wise and a high technology biomass boiler in the other direction. Homes built off a gas grid will see a dramatic decrease in heating bills through RHI.
Once you combine the savings off your RHI payments, you save money and then make money of your energy bills.
Below is a table that will give you an indication of how much money you will receive through RHI payments. But let’s take this into consideration on you will save money long term after the installation cost.
|RHI earnings and comparison|
|1-bed semi-detached||2-bed semi-detached||3+ bed detached|
|Example annual heat demand (kWh)(a)||9,000||13,500||23,000|
|Estimated annual cost of current heating system(b)|
|Estimated annual RHI payment(c)|
|Air source heat pump||£657||£986||£1,679|
|Ground source heat pump||£1,692||£2,538||£4,324|
|Solar thermal panels(d)||£166||£266||£383|
Since April 2014, the tariffs are as follows for Domestic RHI
|Air-source heat pumps||7.3p/kWh|
|Ground and water-source heat pumps||18.8p/kWh|
|Biomass-only boilers and biomass pellet stoves with integrated boilers||12.2p/kWh|
|Solar thermal panels (flat plate and evacuated tube for hot water only)||19.2 p/kWh|
But how do you get paid from The Renewable Heat Incentive?
You will be producing heat either in your home or part of a network. So, for every kilowatt of heat you produce you earn a fixed income from The Renewable Heat Incentive. The more you produce the more you are paid and if you are in a network and export extra heat elsewhere, you earn extra money.
If you like to discuss this with us please do not hesitate to get in contact here…
Renewable Heat Incentive
Because the scheme is Government introduced and backed, it is regulated by Ofgem. But the principle of how it works is…
Payment for renewable sources that you use in your home so a house becomes less dependent on Gas and Oil which are more expensive year by year as the natural resources dry out around the globe.
Depending on the tariff you choose when operating the Renewable Heat Incentive more water and heat you generate the more you save and get paid.
Therefore more you would be paid for around 20 years starting from the installation at the index inflation rate. That is 20 years for commercial and domestic RHI.
Polyramek Energy is a certified supplier of the Renewable Heat Incentive. If you would like us to discuss with you how to progress on saving money on your energy bills, then making money from your energy bills and cutting down on Carbon Footprint, please get in touch with us.
But the cornerstone of Polyramek Energy is to do the job quickly, professionally, thoroughly and to make sure our work saves you money long term. This is why we like the RHI and this is why we believe that we are the best company for the job.
For domestic, the Renewable Heat Incentive application works in these stages…
- Complete a Green Deal Assessment or EPC
- Mandatory measures to be introduced such as energy saving if needed
- Then apply for the Renewable Heat Incentive
The Renewable Heat Incentive is a scheme that the Government backs and originated in an effort to help people get more money back from their energy bills.
So, it’s not just about saving, it’s making money at the same time. Plus, you are doing something which is environmentally friendly. RHI hits all the buttons for Polyramek Energy. We do our job to improve people’s environment and save money on their bills.
Then people and businesses we help in relation to the RHI with a sustainable model for saving money and making money of their energy. It is clean and efficient energy use.
Please complete the ´Find out more´ form to see if you qualify and find out how your home could be better insulated and heated.