The Renewable Heat Incentive
The Renewable Heat Incentive (RHI) is a Government Scheme that will pay the owners of biomass boilers for generating and using green heat. It is part of a programme to reduce our CO2 emissions by moving from expensive and polluting fossil fuels to renewable energy for our heating needs.
rhi income calculator
Download Treco's RHI Calculator
We have developed our own RHI Calculator which is available right now as a free download. This simple tool shows the installed cost of a Treco biomass boiler system, your potential earnings from the scheme over 20 years, your fuel savings and the payback period.
It only takes a second to input your fuel usage and see exactly how the Renewable Heat Incentive will help you to not only heat your buildings for less but to receive payments under the scheme to help you do what you do best.
RHI Phase 1 - Commercial
The first phase of the RHI is targeted at commercial, non-profit, charity and public sector organisations, who's heating needs represent the bulk of the UK's CO2 emissions.
OFGEM's website is due to be open for the commercial sector to register eligible biomass boilers and is due to accept quarterly meter readings from late 2011. The meter readings will determine the units of green heat generated and the quarterly payments that will follow, every year for 20 years.
The RHI will offer an annual income of thousands of pounds or more to the owners of the equipment, index linked to inflation. Combined with the large biomass fuel cost savings over fossil fuels, which can be 50% or more, the commercial biomass opportunity offers a great return on investment over a 20 year period.
For example, a care home using a 50kW biomass boiler could make around £5,000 a year or more and a large hospital using a 150kW heating system could receive upwards of £15,500 a year with a 4-6 year payback on the total project cost.
RHI Phase 2 - Domestic
The Renewable Heat Premium Payment (RHPP) scheme is a precursor to the domestic RHI. It offers a grant of up to £950 towards the cost of a biomass boiler until April next year. From October 2012, the Government will start to pay homeowners and landlords for the green heat they generate from biomass boilers. Full details about the levels of payment are due to be announced by the Energy Saving Trust next year.
A Simple guide to the commercial RHI is available on OFGEM's website and more details on RHPP can be found on the Energy Saving Trust's website.
