{"id":500,"date":"2014-05-01T14:15:59","date_gmt":"2014-05-01T14:15:59","guid":{"rendered":"https:\/\/greendeal.anytrades.co.uk\/?p=500"},"modified":"2014-05-01T14:15:59","modified_gmt":"2014-05-01T14:15:59","slug":"what-is-the-renewable-heating-incentive","status":"publish","type":"post","link":"https:\/\/www.local-quotes.co.uk\/guides\/information\/what-is-the-renewable-heating-incentive\/","title":{"rendered":"What is the Renewable Heating Incentive?"},"content":{"rendered":"

If you want to be rewarded for the way you heat your home then look no further than the Renewable Heat Incentive (RHI). The scheme came into power in April 2014 and is the first of its kind anywhere in the world. If you live in England, Scotland or Wales, you could be eligible for the lucrative returns.<\/p>\n

There are two parts to the RHI, covering domestic and commercial installations. Essentially, the Government are aiming to reduce carbon emissions in the UK by offering a financial reward for investing in renewables. The long-term goal is to produce 12% of heat from renewables by 2020. <\/p>\n

The part of the scheme you\u2019ll be interested in though is the domestic aspect, which was introduced on April 9. It works in a similar way to the ever-popular feed-in tariff and you\u2019ll earn tariff payments for seven years. <\/p>\n

The amount you stand to earn depends on the technology you install, with products ranging from solar thermal panels, to heat pumps. <\/p>\n

How do RHI payments work?<\/h2>\n

Once you have signed onto the RHI scheme, you\u2019ll start to receive payments quarterly, for seven years. If you\u2019re feeling bold you can even have more than one technology installed and receive payments for both. <\/p>\n

Renewable heat options<\/h2>\n

So let\u2019s take a look at the technologies which are eligible for RHI payments:<\/p>\n