Householders could get paid hundreds of pounds a year for heat generated by solar thermal panels, biomass boilers and heat pumps, Energy and Climate Change Minister Greg Barker confirmed today.
The tariff levels have been set at 7.3p/kWh for air source heat pumps; 12.2p/kWh for biomass boilers; 18.8p/kWh for ground source heat pumps and at least 19.2 p/kWh for solar thermal.
The new Renewable Heat Incentive (RHI) for householders is designed to drive forward uptake of renewable heat technologies in homes across Great Britain to cut carbon, help meet renewables targets and save money on bills. The scheme is a world first, and has been up and running for the non - domestic sector since November 2011.
Today’s announcement follows extensive consultation on how a financial incentive would work best for householders and takes into account lessons learned from the Renewable Heat Premium Payment grant scheme (RHPP) and the RHI non domestic scheme.
Note the requirement for Green Deal assessments and the life of the scheme, 7 years.