Introduction to financial incentives for renewable energy and energy saving
There is currently one main financial incentive available for home and business owners who want to improve the energy efficiency of their building, or generate their own renewable heat or electricity:
The Renewable Heat Incentive (RHI) aims to help Britain meet its renewable energy and carbon reduction targets. There are two elements to the scheme:
- Domestic RHI, which is a boiler replacement scheme. It aims to make the cost of renewable heat comparable to the more traditional alternatives for those off the mains gas network. It was launched in April 2014
- Non-domestic RHI: this is an incentive scheme for all non-domestic installations.
Scotland: Home Energy Scotland loan
The Home Energy Scotland loan helps homeowners make energy and money saving improvements to their home. This interest free loan is funded by the Scottish Government and is currently open to applications.
If you are interested in applying or would like more information call Home Energy Scotland on 0808 808 2282 (free from landlines and most mobiles).
The Feed-in-Tariff closed on the 31st March 2019 and is no longer open to new applications. This does not affect existing contracts.