Biomass for Larger Homes - Euroheat

What is the Renewable Heat Incentive?
What is the Renewable Heat Incentive?
The Renewable Heat Incentive (RHI) is a Government
funded scheme to encourage the take up of renewable
technologies. It is the first scheme of its kind in the world.
The UK Government expects the RHI to make a significant
contribution towards their 2020 target of having 12 per cent
of heating coming from renewable sources.
The RHI pays owners of biomass heating systems based
upon the eligible heat they produce over a 20 year period.
The tariff is payable at three different rates according to the
installation size as follows:
2.0p/kWhr
How much RHI will I receive?
8 Heating for larger country homes and hotels Heating for larger country homes and hotels 9
Boiler Size
Year 999kW 800kW 600kW 400kW 199kW 150kW 100kW 80kW
1 £66,946.99 £53,611.20 £40,208.40 £26,805.60 £22,487.80 £16,950.60 £11,300.40 £9,040.32
2 £68,285.93 £54,683.42 £41,012.57 £27,341.71 £22,937.55 £17,289.61 £11,526.41 £9,221.13
3 £69,651.64 £55,777.09 £41,832.82 £27,888.55 £23,396.30 £17,635.40 £11,756.94 £9,405.55
4 £71,044.68 £56,892.63 £42,669.48 £28,446.32 £23,864.23 £17,988.11 £11,992.07 £9,593.66
5 £72,465.57 £58,030.49 £43,522.87 £29,015.24 £24,341.51 £18,347.87 £12,231.92 £9,785.53
6 £73,914.88 £59,191.10 £44,393.32 £29,595.55 £24,828.34 £18,714.83 £12,476.55 £9,981.24
7 £75,393.18 £60,734.92 £45,281.19 £30,187.46 £25,324.91 £19,089.13 £12,726.09 £10,180.87
8 £76,901.04 £61,582.42 £46,186.81 £30,791.21 £25,831.41 £19,470.91 £12,980.61 £10,384.49
9 £78,469.06 £62,814.07 £47,110.55 £31,407.03 £26,348.04 £19,860.33 £13,240.22 £10,592.18
10 £80,007.85 £64,070.35 £48,052.76 £32,035.17 £26,875.00 £20,257.54 £13,505.02 £10,804.02
11 £81,608.00 £65,351.75 £49,013.82 £32,675.88 £27,412.50 £20,662.69 £13,775.12 £11,020.10
12 £83,240.16 £66,658.79 £49,994.09 £33,329.39 £27,960.75 £21,075.94 £14,050.63 £11,240.50
13 £84,907.97 £67,991.96 £50,993.97 £33,995.98 £28,519.96 £21,497.46 £14,331.64 £11,465.31
14 £96,603.06 £69,351.80 £52,013.85 £34,675.90 £29,090.36 £21,927.41 £14,618.27 £11,694.62
15 £88,335.13 £70,738.84 £53,054.13 £35,639.42 £29,672.17 £22,365.96 £14,910.64 £11,928.51
16 £90,101.83 £72,153.62 £54,115.21 £36,076.81 £30,265.61 £22,813.28 £15,208.85 £12,167.08
17 £91,903.87 £73,596.62 £55,197.52 £36,798.34 £30,870.92 £23,269.54 £15,513.03 £12,410.42
18 £93,741.94 £75,068.62 £56,301.47 £37,534.31 £31,488.34 £23,734.93 £15,823.29 £12,658.63
19 £95,616.78 £76,570.00 £57,427.50 £38,285.00 £32,118.11 £24,209.63 £16,139.75 £12,911.80
20 £97,529.12 £78,101.40 £58,576.05 £39,050.70 £32,760.47 £24,693.82 £16,462.55 £13,170.04
Total £1,626,636 £1,302,611 £651,306 £546,394 £546,394 £411,855 £274,570 £219,656
Commercial RHI returns year by year. Inflation has been included at the UK historical 20 year average of 2%.
Figures based on 1,314 running hours per year. For clarity, fuel savings have not been included.
The table above shows what these tariffs mean in typical RHI payments.
A house of 20,000 sq ft will require something around 280,000 kW’s per
year of energy. A 199kW HDG chip boiler could provide this heat, giving a
annual payment of £22,487, as shown above year one, and a further fuel
saving of £11,500 a year compared with oil. Payback on the installation
would be in the order of 3 years.