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3.
October
2017.
GOVERNMENT ANNOUNCES INCREASED FINANCIAL HELP FOR HEATING HOMES

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Date: October 2017

 

GOVERNMENT ANNOUNCES INCREASED FINANCIAL HELP FOR HEATING HOMES

 

A change in Government legislation has given homeowners a helping hand to combat the cost of rising conventional energy prices by increasing payments to those homeowners who choose to heat their properties with a renewable energy solution.

Renewable Heat Incentive (RHI) payments are paid to homeowners after installation of a renewable energy system and with this in mind there is little wonder that the market is burgeoning.

"Sustainable heating solutions for domestic situations remain fairly uncommon in the UK but our Scandinavian counterparts have been pioneering this for decades now," said Robin Adderley sales and marketing directorNIBE Energy Systems. "We want to make such solutions even more accessible for homeowners in the coming years both in retro fit and new build projects and this added incentive from the UK Government will permit them to investigate the possibilities more fully knowing that financial support is available."

The RHI payments were introduced in 2014 to incentivise consumers into choosing a renewable energy heating system such a Ground Source or Air Source Heat Pumps with the homeowner receiving a fixed sum payment from the Government for a fixed period of time - 7 years. In order to drive this forward further, and to meet sustainable energy targets outlined by the Government, Ground Source Heat Pumps have seen payments rise from 19.64p/kWh to 19.86p/kWh whilst Biomass Plant systems have increased to 2.26p/kWh. Air Source Heat Pumps enjoy the most significant financial benefit with changes from 7.63p/kWh to 10.18p/kWh an uplift of 2.55p/kWh.

 

Plentiful information is available to homeowners offering advice and whether this technology could provide them with a tangible solution. Heat pumps can be linked to existing radiator systems making them ideal for retrofit as well as solutions for new build homes. Handycalculators, such as the one NIBE provides, allow you to share your current usage and determine the financial benefits changing to renewable energy could deliver.

The RHI scheme was the first of its kind in the world with the aim of making a significant contribution to the 2020 ambition of 12% of UK heating being generated from renewable sources as opposed to more typically conventional sources.

"Primarily homeowners want reliability from their heating and hot water systems but cost effectiveness also plays a huge part in their decision making process," said Robin. "As more people, particulary those that are not connected to main supplies, discover the ease, simplicity and reliability of heating systems such as heat pumps the increase in RHI payments will only serve to fuel further installations."

Mark Goldman who installed a NIBE Ground Source Heat Pump system into his new property in Devon has enjoyed RHI payments to within a pound of the estimate provided by his Installer."Our old home was a draughty Georgian property that required three oil fired boilers to keep us warm. When we designed our new home we were determined not to be held to ransom by oil prices and this sparked the idea of building an energy efficient house. We have actually enjoy the experience of installing renewable and energy efficient elements to our home and are pleased the Renewable Heat Incentive (RHI) payments are exactly as predicted coming in within £1 of the original estimate!"

 

ENDS
 
Picture Caption:  Mr Goldman and his wife enjoy the benefits of a heat pump. 

A guide to RHI from NIBE.

http://www.nibe.co.uk/About-NIBE/NIBEs-Guide-to-the-Renewable-Heat-Incentive-RHI/

 

Editor's Note:

NIBE - It's In Our Nature

NIBE Energy Systems Ltd (a subsidiary of NIBE Climate Solutions) is a leading European manufacturer in the heating sector. The company is committed to sustainable construction and specialises in providing high-tech energy-saving solutions for heating, ventilation, cooling and heat recovery. As the company's strapline suggests - ‘It's In Our Nature' when it comes to renewable heating solutions, from ground source, air source and exhaust air heat pumps to biomass, solar thermal packages and whole-house ventilation. NIBE also prides itself on delivering a variety of training courses at locations across the UK, aimed at providing installers with all the knowledge and expertise needed to carry out efficient, start-to-finish installations. For more information, visitwww.nibe.co.uk.

 

Press Contact:

Helen Dillon-Pearson

Rare Creative

07912 493582