The RHI is a fixed payment for the renewable heat you generate yourself. It is very similar to the Feed in Tariffs.
The RHI and FITS have done more than anything else to accelerate the installation of renewable energy throughout Europe. The upcoming imminent introduction of ASHP (Air Source Heat Pump) to this incentive will accelerate the scheme to meet the 2020 objectives.
The RHI is index linked and works in tandem with interest free loans like the green deal and the carbon trust loan which makes it very appealing to both domestic and commercial customers alike. There are 3 main steps in the process:
1. Install in your property your renewable heat system such as heat pumps, solar thermal or a biomass boiler.
2. A meter measures how much heat your renewable energy systems produce.
3. You get a fixed amount of money based on that output, the type of technology and the size of the system.
The RHI is for everyone, including households, landlords, businesses, farmers, schools, hospitals, care homes and many more. The RHI can even be used by entire communities, coming together to invest in a viable renewable scheme from which they will use the heat and share the income.