Home • News • Renewable Heat Incentive (finally) open to businesses
Eligible technologies include biomass boilers, solar thermal equipment and heat pumps installed since 15 July 2009 are eligible for respective payments of up to 7.9p per kilowatt hour (kWh), 8.5p per kWh and 4.5p per kWh on a quarterly basis for 20 years. The RHI is expected to cut carbon emissions by 43 million tonnes of carbon by 2020, the equivalent of 19 new gas power stations' annual output, as well as create up to 500,000 jobs. Greg Barker said that "The RHI will usher in a new era in clean green heat technology. Renewable heat will be a big win for our economy – it will support thousands of green jobs, reduce our dependency on imported fossil fuels, reduce our carbon emissions and help us meet our renewable target." The scheme will be open to businesses first before the domestic sector, and the De-partment of Energy and Climate Change (DECC) expects the first payments to busi-nesses who sign up in the scheme's early stages to be made in the first quarter of 2012. For further information, please see http://www.decc.gov.uk/en/content/cms/meeting_energy/renewable_ener/incentive/incentive.aspx
