Introduction to Financial Support for Microgeneration
In order incentivise small scale, low carbon energy generators the Government announced the Feed-in Tariff (FIT) for renewable electricity generation and the Renewable Heat Incentive (RHI) for renewable heat generation. These schemes are also referred to as the ‘clean energy cash-back scheme’.
The Energy Savings Trust has a ‘Grants & Offers’ page that may have details on other forms of support.
The Feed-in Tariff (FiT)
The Department of Energy and Climate Change (DECC) has introduced a system of feed-in tariffs (FITs) to incentivise small scale, low carbon electricity generation in April 2010. People who invest in small scale low carbon electricity are now guaranteed payment both for the electricity they generate and export.
Find out more about the Feed-in Tariffs.
The Renewable Heat Incentive (RHI)
The Department of Energy and Climate Change (DECC) aims to introduce the Renewable Heat Incentive (RHI) scheme in April 2011. This will hope to stimulate the growth of the renewable heat microgeneration industry in the UK. People who invest in renewable heating system for their properties will be rewarded financially for the energy they produce.
Find out more about the Renewable Heat Incentive.
What next?
1) Click on one of the above links to find out more.
2) Contact Cambridge Solar online or by calling 01223 361 112
3) Read our online Guide to the Renewable Energy Tariffs to find out more
