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Incentives

Climate change and over reliance on oil and gas imports are the main reasons that the government is placing so much emphasis on encouraging the growth of renewable technologies in the UK.

To encourage businesses, schools, organisations and families to find ways of improving their own energy efficiency and use alternative fuels, there are a number of different financial incentives available.

Renewable Heat Incentive (RHI)

incentives

The RHI is a government sponsored scheme that provides financial support to commercial and domestic clients who are using alternative methods to heat their homes.

Heating systems that are eligible for the RHI include:

  • Biomass Heating Systems
  • Ground Source Heat Pumps
  • Solar Thermal

Currently the RHI applies only to commercial or public body installations or systems heating multiple domestic properties. A consultation on the domestic version of the RHI is currently taking place and it is expected to be introduced in Summer 2013.

To find out more about the RHI, visit the Department of Energy & Climate Change website.

Energy Efficiency Financing

The Carbon Trust has a range of finance options available if you want to improve the energy efficiency of your business.

You can check your eligibility for finance through their website

Feed-In Tariffs (FITs)

incentives

Feed-In Tariffs are designed to encourage people to generate electricity through renewable sources, including Solar Photovoltaic Panels (Solar PV).

As well as giving you a premium for each kWh of energy produced and used in your home, office or building, you will also receive income from electricity being exported back to the grid.

To get more information about FITS, visit the Department of Energy & Climate Change website.

The Green Deal

You can now apply for the Green deal, which is designed to help companies and domestic customers get the financial help they need to install systems to improve their energy efficiency and reduce their carbon footprint. From 28th January 2013, Green Deal Providers will be able to offer Green Deal plans to consumers.

Find out more about the Green Deal at the Department of Energy & Climate Change website.

Purple Energy

Purple Energy will assist you in finding the most cost-effective options for you and your budget, and can support you in accessing the funding that you are entitled to. Contact us today to find out more.