As a pioneer, Treco was the first in the industry to specially formulate a Renewable Heat Incentive (RHI) calculator. The purpose of the RHI calculator was to give an indication of the financial return and carbon reduction that could be achieved by the installation of a biomass boiler. It calculated the cost saving of using biomass fuel versus existing fossil fuel, as well as the potential value of income from the RHI payments and the payback from the investment. The figures were expressed in both annual terms and as a total for the 20-year duration of the non-domestic/commercial scheme.
Since the closure of the new RHI to new applicants this calculator has been updated to reflect non-RHI projects as well as those that have secured RHI payments through the purchase of system already accredited on the RHI. The latest calculator can be downloaded here.