Renewable Energy Incentives
The Team at Glas Renewables have compiled some useful resources.
RENEWABLE HEAT PREMIUM PAYMENT (RHPP)
The Renewable Heat Premium Payment was launched in August 2011 and will finish before the Renewable Heat Incentive (RHI) is launched. Premium payments are available for installations of Heat Pumps, Solar Thermal and Biomass Boilers for domestic customers only. It is available until 31st AMrch 2013, so you’ll need to hurry to apply.
RENEWABLE HEAT INCENTIVE (RHI)
The long awaited Renewable Heat Incentive is set to launch in Summer 2013, it will work similar to the Feed in Tariffs in that the revenue that you make from your renewable technology system will be deducted from your electricity bill even though the systems does not create any electricity.
If you plan to install or have installed Solar Thermal, Biomass Boilers or Heat Pumps since July 2009 you may be eligible to be paid for each unit of heat you produce via your renewable energy system.
LOWER RATE OF VAT ON RENEWABLE HEATING INSTALLATIONS
Solar Panels, Ground and Air Source Heat Pumps and Biomass Boilers are all eligible for the lower vat rate of 5%.
ENHANCED CAPITAL ALLOWANCE
The Enhanced Capital Allowance Scheme for Water Saving Investments is part of the government initiative to provide tax relief to businesses for investment in designated energy saving technology. The scheme allows businesses to claim 100% first year capital allowances on investment in technologies and products that encourage sustainable water use i.e. the whole cost of the investment can be written off against taxable profits.
All businesses are eligible
Qualifying technologies will have to meet defined water saving criteria.
Flow controllers Rainwater Harvesting Efficient toilets, showers and taps Grey water recycling / reuse
Whether you are a considering a new build, renovation, extension or looking to make your home more energy efficient then you can use our feasibility study service to help make sure that the investment in your new technology will pay off and at the same time reduce the carbon footprint of your home.
If you are currently not connected to the mains Gas network then we can help you come up with solutions to lower your energy bills. Even if you are using mains Gas there’s still plenty of room to make your home or business premisses more energy efficient.
We are always happy to discuss your requirements and help you understand the ever changing new technologies available in the renewables market. We have a passion for providing solutions that are exiting, bespoke and most importantly energy eficient.
Please contact us by e-mail, telephone or the electronic contact form on this page.