Earn £3,690 per year for heating your own home
What is RHI?
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..