The introduction of the Renewable Heat Incentive (RHI) next April could allow farmers and landowners to make significant savings when looking to invest in their own renewable heat generation technology.
A newly installed biomass boiler
Developed by the Department of Energy and Climate Change (DECC) the RHI will offer fixed annual payments, to those installing the technology. The DECC state that this will result in a 12% rate of return and last for 10-23 years depending on the technology. Some of the eligible technologies include biomass boilers, ground and air source heat pumps, solar thermal, bio-diesel and bio-methane.
Renewable energy experts Fisher German believe that for those who would like to optimise the benefit from the Renewable Heat Incentive, it is important to consider the physical and economic viability of the wide range of technologies available.
Rebecca Seaman of Fisher German comments, “The RHI is going to provide a huge incentive for those looking to develop heat energy from renewable sources. Using the example of a biomass boiler, a large farm with outbuildings using this technology to meet their heat energy demand could receive approximately £26,000 per annum from the Renewable Heat Incentive at the proposed tariff levels.
“Fisher German’s renewable energy department can provide help every step of the way, with experience in undertaking initial site, resource and requirement assessments and preparing detailed feasibility studies which will advise on the most suitable technology to meet your requirement. The incentive scheme really is too good to miss if you are considering renewable heat generation”.
To discuss the RHI and how it could benefit you or your business, please contact Rebecca Seaman on 01858 410200 or email: email@example.com
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