Renewable Heat Incentive Grants

Renewable Heat IncentiveWe have received news from OFGEM of an event in Glasgow for people interested in applying for funding for renewable heat projects. The event is on Tuesday, 20 March 2012, 1300 – 1700, at Trades Hall, Glasgow.

Your organisation may be able to benefit from the £860m Renewable Heat Incentive (RHI) launched last year to make it more financially attractive for industry and businesses to install low carbon heating systems like heat pumps, biomass boilers or solar thermal panels.

The RHI tariffs will be paid for 20 years to owners of eligible technologies, with payments being made quarterly for each kWh of renewable heat which is used (such as for hot water, space heating or carrying out a process). Once in the scheme, the level of support an installation will receive is fixed and adjusted annually with inflation. The RHI is available to eligible generators of renewable heat for commercial, industrial, not for profit and public sector purposes and to producers of biomethane.

For further information click here.