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Predicted Solar Growth: New Incentive in Town

Posted by Chloe Bennett on 9th December 2011

Much of the talk surrounding solar as of late, has been about the reduced Feed-in-Tariff (FIT) rates coming in on Monday 12th December.

Whilst this is obviously a newsworthy subject, it is important to remember that there is another incentive in town that could be potentially much larger than solar PV. This incentive, for those unaware, is called the Renewable Heat Incentive (RHI) which is the heat equivalent to the FIT scheme and is to be launched for domestic sector in October 2012. The scheme actually went live for non-domestic properties in November 2011 after a short delay concerning compatibility with EU state rules.

This incentive aims to pay homeowners an income for every unit of heat generated by renewable technologies such as Solar Thermal, Biomass Boilers and heat pumps. To encourage the take up of installations such as these, the government have launched a one-off payment called the RHI premium payment, similar to a grant, which is available to all homeowners wishing to take part in the scheme.

Before the FIT launched in 2010, solar thermal technology installations surpassed solar PV installations as it’s reliable, easy to install and should provide you with 50-70% of your hot water all year round. The launch of the RHI is a great opportunity once again for both installers and consumers looking to do something good for the environment and save money on energy bills.

We run a great 3 day solar thermal hot water course designed for skilled plumbers and renewable energy installers looking to take advantage of this predicted demand. The course itself will be run in our state of the art renewable energy training centre on specially designed rigs to prepare you for real installations. Training in this technology ahead of the RHI domestic rollout will prove very wise investment so make sure you get ahead of the game!

For more information on this industry, the RHI or our renewable energy courses call us on 01293 529777 or visit our solar thermal hot water course page or our blog on the Renewable Heat Incentive.

 

Categories: renewable heat incentive