NEW RHI LAUNCHED:

Earn £3,690 per year for heating your own home

After months of speculating and lengthy delays, the domestic RHI has launched in the UK TODAY, WHOOPIE - rewarding home-owners choosing to heat their homes with renewable technology with high tariff payments. This is great news for eco-green buffs as they will be rolling in money, waving their cash around like they just don't care!

What is RHI?

The Renewable Heat Incentive (RHI) is the world’s first long-term financial support programme for renewable heat.

The RHI pays participants of the scheme that generate and use renewable energy to heat their buildings. By increasing the generation of heat from renewable energy sources (instead of fossil fuels), the RHI helps the UK reduce greenhouse gas emissions and meet targets for reducing the effects of climate change.

Similar to the popular Feed-in-Tariff enjoyed by PV solar panels, the RHI will pay people for generating their own heat energy AND they get to heat their home efficiently - slashing their heating bills dramatically! I cannot convey the level of excitement I am currently in.

Speculations of an imminent launch rose considerably when the minister for the Department of Energy and Climate Change, Greg Barker has announced via Twitter:
"Excellent progress on domestic RHI. All set now for launch by Easter."
This is excellent news for those that already have, or who are considering RHI approved renewable heating, as they will see annual earnings and savings (payable for 7 years) of:
- £3,690 for ground heat pumps
- £3,390 for biomass boilers
- £1,280 for air source heat pumps
- £600 for solar thermal systems

It's worth noting that currently, the hybrid solar panels (PV-T) that generate both electrivity AND hot water are not eligible for the RHI tariff.

Always check your system will be RHI eligible and use an MCS accredited installer.

Finally the government have got something right! The amazing thing about it is you will be independent, you won't have to rely on those energy providers with sky-rocketing prices and you will be paid for doing it!  Just think of what you could do with a couple of grand left over at the end of the year..

I bid you adieu my dear Sirs and Madams!