The Renewable Heat Incentive is the Government’s financial support towards users of renewable energy. As part of a two staged introduction the categories have been split into non-domestic and domestic energy users.
For Phase One, the non-domestic group, the RHI opened for applications in November 2011. This was after much protracted negotiation over the amount of money available for those who installed renewable heating technology. This category can now apply to become part of the RHI and begin receiving quarterly payments for a guaranteed 20 year period.
Phase Two, the domestic users, is much less certain and has been pushed back to later points several times. Currently, it is anticipated that it will be launched in October 2012. At this point, anyone that has installed eligible equipment since July 2009 will be able to receive the regular RHI payments.
Although domestic users are currently unable to apply for the RHI, the Premium Payments scheme is available. This provides a grant to help towards the cost of installing the Renewable Energy technology. For instance, biomass boiler users can secure funding of up to £950 towards their equipment.