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The Renewable Heat Incentive is a fixed payment for the renewable heat you generate yourself. The Renewable Heat Incentive is similar to the Feed-in Tariffs, a comparable scheme for electricity which went live in April 2010.
The Feed-In Tariffs have done more than anything else to accelerate the installation of renewable energy capacity in Europe. That’s why the founders of Renewable Heat Incentive Limited were so active in the campaign to introduce them in the UK. It succeeded and in 2011 the first phase of the Renewable Heat Incentive will come into force.
While the Renewable Heat Incentive is similar to the Feed-In Tariffs, there are some important differences, and in particular:
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