UK Launches Renewable Heat Incentive Program
Financial Incentives Offered to Homeowners to Install Renewable Heating Systems
The government announced financial incentives for homeowners to install renewable heating systems. The program gives businesses and homeowners financial rewards for installing renewable energy heating, including ground-source heat pumps, air-source heat pumps, biomass boilers, and solar thermal. Under the scheme, property owners will be paid for every unit of heat they generate as part of the government’s drive towards lowering carbon emissions in the U.K.
The RHI for commercial entities was established in November 2011, and the government reports savings of up to 40 percent on fuel bills.
Now, after a series of delays, the government has announced the second stage of the RHI scheme, which will reward homeowners making the switch to renewable energy.
“Across Europe, geothermal heat pumps are installed at an incredible rate compared to the U.S.,” said Geothermal Exchange Organization (GEO) president Doug Dougherty. “The Brits ‘get it’ too, with direct encouragement and regular payments for using renewable geothermal energy to conserve and protect the environment.”
Publication date: 10/14/2013