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Government RHI decision will slow down ‘green’ initiatives
A government scheme to encourage people to use green technology has been criticised by a Halsall-based company.
Despite expectations, the government’s Renewable Heat Incentive (RHI) scheme – expected to go live in June – has now been pushed back. It will not be applied to homes until October 2012, which renders solar thermal and heat pump systems economically unviable.
Peter Bladen director of energy and solar panel firm BSOLAR said: “There were high expectations that the new RHI would lead to an increase in the use of new green technology. However the government has now announced that the domestic version of the RHI scheme won’t come in until 2012. This means that renewable technologies like solar thermal and heat pumps are still not cost effective.”
This decision will slow the movement towards green technologies in the home effectively putting the brakes on the use of some green technologies in the home. Solar PV panels and wind power remain the only renewable that pay for themselves and provide an income.
Bladen says: “Solar panels in particular represent the best green investment you can make at the moment.”
The government is currently running a Clean Energy Cash Back scheme which guarantees you 43.3p per KWh of energy you generate through your solar panels, this is guaranteed for 25 years once you’ve made the installation and the tariff will rise with inflation.
More information: www.bsolar.co.uk
One Response to “Government RHI decision will slow down ‘green’ initiatives”
ecoadmin says:
It pays to be green. An average solar panel system costs around £10,000 and under the government scheme this will pay for itself in less than 10 years, then continue to give a guaranteed income of around £1000 a year.