As a pioneer, Treco is the first in the industry to specially formulate a Renewable Heat Incentive (RHI) calculator which is essentially and easy-to-use spreadsheet. The purpose of the RHI calculator is to give an indication of the financial return and carbon reduction that could be achieved by the installation of a biomass boiler.
It will calculate 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 are expressed in both annual terms and as a total for the 20-year duration of the non-domestic/commercial scheme.
Treco’s commercial RHI calculator
⇩ Download the Calculator Here
Domestic Renewable Heat Incentive (RHI) was launched on April 9, 2014, and is phase 2 of the government's scheme to reduce carbon emissions. Like the commercial scheme, it has been designed to drive forward uptake of renewable heat technologies in homes across the UK. This will reduce carbon, helping meet renewables targets and save money on fuel bills.
The scheme is open to anyone who can meet the joining requirements. It’s for households both off and on the gas grid. Essentially, it is open to home owners living in the same property, private and registered social landlords and self-builders.