The renewable heating incentive (RHI) will be coming to an end on the 31st of March 2022, leaving you just under a year to apply for the renewable energy financial incentive. Under the current scheme (RHI) you can receive up to £11,000, this will be paid in quarterly installments for 7 years, tax free index linked.
The replacement proposal from the government that they are calling the Clean Heat Grant Scheme (CHGS), will offer an up front contribution of £4,000 for households and businesses that want to install renewable heating systems. This, however is no where near as generous as the current scheme in place. It will also be excluding hybrid heat pumps and solar thermal heating systems which are covered under the RHI scheme.
For a more in-depth look into RHI & CHGS check out this article form Renewable Energy Installer & Specifier - https://www.renewableenergyinstaller.co.uk/2020/05/an-installers-guide-to-the-clean-heat-grant/
If your looking for more information on RHI payments please feel free to visit our web page on it or give us a call on 01903 250222