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Let down by the UK Green Deal?....Here’s why the Renewable Heat Initiative (RHI) is the Best Alternative Energy Funding Option

16
Feb
In recent days, there has been a considerable amount of press coverage about the inefficiency of the Government’s Green Deal.

The Deal itself is a superb idea – encouraging UK homeowners to make their homes less carbon intensive by installing grant-aided, eco-friendly energy systems. But there’s a big problem! It has now emerged that only a tiny amount of the £1.5bn budget set aside for the scheme has been allocated.

Apparently, there have been issues with the American firm appointed to administrate the project. For the time being at least, it remains unclear whether the much-vaunted Green Deal will ever get back on track.

This log jam has proved to be immensely frustrating to companies, like us at Eco House Solutions, who are leading the vanguard in renewable energy heat supply. Similarly, thousands of homeowners nationwide have been let down, expecting better from what was regarded as one of the UK Government’s flagship environmental initiatives.

BUT, for anyone caught up in this unfortunate situation and who is still really keen to switch away from harmful and expensive oil and gas-powered heating, there is good news to report.

For whilst the Green Deal itself has hit the buffers, there is a viable and more attractive funding alternative for UK homeowners looking to introduce renewable energy into their properties.

It comes in the form of the Renewable Heat Initiative, or RHI for short. The great thing about RHI is that it has been around for a number of years, is widely available and, happily, hasn’t encountered any of the financial stumbling blocks associated with the Green Deal.

What’s more, we can crack on with your installation immediately – there are no delays and faffing about with RHI. We can set the wheels in motion straightaway using this tried and tested funding system.

Eco House Solutions have been actively promoting RHI for a considerable period of time, as you may have already seen if you have browsed our website. https://www.ecohousesolutions.co.uk/finance-available-for-uk-homeowners/

What is RHI?

The domestic RHI scheme was originally set up in 2014 and was designed to financially reward homeowners using renewable energy sources for their home heating. The grant primarily applies to all standard houses – detached, semi-detached or terraced, regardless of age.

Whilst RHI is intended to support properties which are not located on the main gas grid, it is also readily available for homes across Britain, that may have existing gas fired central heating systems.

What types of heat technology qualify for RHI?

As the UK’s leading providers of air source heat pumps, ground source heat pumps and biomass boilers, all Eco House Solutions renewable heat source products are covered by RHI. This includes our solar thermal panels which we have recently added to our range.

The domestic RHI scheme is only open to heating systems that are Microgeneration Certification Scheme (MCS) certified, installed by an MCS installer and part of the Renewable Energy Consumer Code (RECC). Eco House Solutions are accredited by all these criteria.

How much can you expect to be paid back with RHI support?

It will depend upon which system is fitted and the size of your property but, typically, for a three bedroomed property, an air source heat pump installation will net you around £11,000. Interestingly, this is more than you would have received in grant support under the Government’s flawed Green Deal.

When does the RHI get paid?

The RHI is paid quarterly (generally) for the first seven years after your renewable heat installation. During this period of time, you should also see major savings on your heating bills - compared to what you would have been paying for gas and oil. So, by the time the RHI payments stop after seven years, you will either have saved a big slice of your original investment - or even been able to cover the entire cost of your initial outlay.

Is it easy to apply for RHI?

To apply for RHI, talk to us today and we can run through the necessary steps with you. Your application, which is free of charge to submit, needs to go through the energy regulator, Ofgem. The processing system is quick and easy and you certainly shouldn’t expect any lengthy delays – even with the current coronavirus restrictions.

How long does the scheme run for?

If your installation was commissioned on or after 1 March 2019, you have until 31 March 2022 to apply. 

To round up…

Despite setbacks with the Green Deal, the well-established Renewable Heat Initiative (RHI) is very much alive and well. If you are a UK homeowner and keen to reduce your energy bills using a system that won’t damage the planet in the way that fossil fuels do, it is highly likely that you will qualify for the RHI scheme.

At the same time, if you have been caught up in the malaise surrounding the Green Deal and have become very disillusioned with the whole process – don’t despair. We are here to provide a more efficient and more lucrative alternative funding option via RHI.

The application process is seamless, which means we can arrange your installation pretty much on the spot. And since RHI will almost certainly pay you back more than would have ever been possible under the Green Deal, you have everything to gain by applying!

To find out more about our market-leading range of RHI backed air source heat pumps and other superb eco-friendly heating systems, call Eco House Solutions today 0800 310 2525 or download the app.

To further assist, here is a useful link to the Which website, providing more detailed information about the RHI scheme.

Read more: https://www.which.co.uk/reviews/renewable-heat-incentive/article/renewable-heat-incentive-rhi/what-is-the-renewable-heat-incentive-aEufB9R4mQfe
 
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