With the government committed to improving energy efficiency there are often incentives available. In addition there are schemes to encourage an increase in the amount of energy created from renewable technologies. These include solar panels, ground source heat pumps and air source heat pumps.
Feed In Tariffs (FITs)
Scheme to encourage use of renewable energy including solar, wind and hydro power.
The Tariffs give three financial benefits:
- A payment for all the electricity you produce, even if you use it yourself
- Additional bonus payments for electricity you export into the grid
- A reduction on your standard electricity bill, from using energy you produce yourself
Renewable Heat Initiative (RHI)
Proposed new scheme to encourage use of renewable energy including solar, ground source and air source technologies