A guide to the Renewable Heat Incentive made easy

Introduction The renewable heat incentive was introduced in November 2011, with the domestic equivalent coming into force in April 2014. The aim of these schemes is to offset the cost difference between installing fossil fuelled heating against the cost of installing renewable technologies. Both schemes will pay out a subsidy, Pence per kilo watt-hour, (like the figure stated on your electricity bill) over the term of the scheme (7 year domestic, 20 years commercial) based on either a deemed usage [...]