Renewable Heating Incentive Calculator
The Governments RHI (renewable heating incentive) is a way of incentivising yourself, the end user for installing renewable technologies.
The RHI is payable over a 7-year period and to give you an idea of the paybacks that you can earn we have outlined an example below. At the bottom of the page you will see a link to the Governments RHI calculator from which the below figures have been obtained.EXAMPLE 1
3 bedroom detached property
Built 1976-1982
Pitched roof with a medium level of insulation (5cm-15cm)
Insulated cavity wall
Existing gas boiler installed after 2005
Ground source heat pump instillation
Estimated Payments:
Annual payments of £1,600 per year paid quarterly at £400 per quarter.
Current tariff rates of 19.10p per k/Wh
Estimated £11,200 in payments over 7-year period
EXAMPLE 2
4 bedroom + semi-detached property
Built 1967-1975
Pitched roof with a small level of insulation (less than 5cm)
Cavity wall which has not been insulated
Older gas boiler installer before 2005
Air source heat pump instillation
Estimated Payments:
Annual payments of £640 per year paid quarterly at £160 per quarter.
Current tariff rates of 7.12p per k/Wh
Estimated £4,480 in payments over 7-year period
EXAMPLE 3
2 bedroom flat
Built 2007 onwards
Insulated cavity wall
Existing gas boiler installed after 2005
Estimated Payments:
Annual payments of £360 per year paid quarterly at £90 per quarter.
Current tariff rates of 7.12p per k/Wh
Estimated £2,520 in payments over 7-year period
To visit the Governments RHI Calculator page click on the following link https://renewable-heat-calculator.service.gov.uk/Default.aspx
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