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Grants
There are a number of different grants and financial incentives available when installing renewable energy solutions. This will depend on the type of technology being installed and the circumstances.
Greenheat Renewables Ltd would be happy to help you identify what grants and subsidies may be available and how they can make the installation of renewable technology more cost effective.
There are a number of systems which qualify including ground source heat pumps (GSHP), air source heat pumps (ASHP), Solar PV and biomass. Please refer to the Ofgem website for more details of the qualifying technologies.
Renewable Heat Incentives (RHI)
The Renewable Heat Incentive (RHI) is a UK Government scheme which aims to encourage uptake of renewable heat technologies for both domestic and commercial customers through the provision of financial incentives. There are two different versions of the RHI – domestic and non-domestic.
Home Energy Scotland domestic loans
The Home Energy Scotland Loan is an interest-free loan funded by the Scottish Government, intended to help make energy and money saving improvements to your home. The amount of funding you can claim depends on what improvements (energy saving, renewables systems or secondary improvements) you want to make.
Further information on eligibility is available on the Energy Savings Trust website.
Currently in the UK, the Smart Export Guarantee is the only type of funding available for solar PV installations.
Brought into effect on 1st January 2020, SEG allows customers that generate small scale low carbon electricity to receive payments on the excess electricity that is export back into the grid.
Licensed electricity suppliers (that have over 150,000 customers) have to offer an export tariff to their customers.
To receive payments, there must be a smart meter fitted with the system so the energy exported can be measured.
In addition to solar PV, this scheme is also available for other technologies such as: wind, micro combined heat & power (CHP), hydro and anaerobic digestion – capped at 5MW, or 50kW for Micro CHP.
CARES Loans
The Scottish Government's Community and Renewable Energy Scheme (CARES) offers financial support for renewable energy projects for communities and eligible organisations in Scotland.