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Renewable Energy

What Financial incentives exist for Homeowners?


As energy costs in the home continue to rise and people make a conscious decision to live a greener lifestyle, there has been a growing demand for renewable technologies in and around the home over the last few years.

Installing renewable or green technologies can save you hundreds of pounds off your annual fuel bill.  Some technologies even allow you to earn an income via government funded initiatives such as the Renewable Heat Incentive and the Smart Energy Guarantee (SEG)

Choosing a registered contractor with the appropriate certification is the best way to ensure any work is carried out to a professional level.  It also provides guarantees that the contractor's work has been checked and assessed to various standards

To qualify for government incentive you must use an appropriate MCS approved contractor and as ELECSA is authorised to operate both schemes, we can help you find a contractor.
 

What is Microgeneration?

Microgeneration is about small scale heat and energy production and involves technologies such as solar photovoltaic, solar thermal and heat pumps.  Some financial incentives are available which has made it more attractive to self generate your own energy.

For more information about microgeneration go to www.microgeneratiocertification.org 

What is The Renewable Heat Incentive (RHI)?

The Renewable Heat Incentive (RHI) is a government incentive to encourage a switch to renewable heating systems.  Those who have renewable heating technologies installed on their property will receive quarterly payments for seven years.

The scheme is available for households both off and on the gas grid.  The eligible renewable heating system types for the RHI are:

  • biomass only boilers & biomass pellet stoves
  • air source and ground source heat pumps
  • solar thermal panels - flat plate or evacuated tube only
The RHI pays for the energy predicted to be saved by their introduction. 

To be eligible for the RHI, your installation must be carried out by a registered MCS installer accredited to install your chosen technology and the product used must be MCS certified.

For more information on financial rewards and up to date tariffs please visit www.ofgem.co.uk 

Smart Export Guarantee (SEG)

Home and businesses generating renewable and low-carbon electricity are guaranteed money for power supplied to the grid.

Introduced by the government on Monday 10 June 2019, new homes and businesses creating 50kW or less and exporting surplus electricity to the grid will be provided a payment from suppliers under a new government scheme.

The Smart Export Guarantee (SEG) will ensure small-scale electricity generators installing solar, wind or other forms of renewable generation with an electrical capacity of 50kW or less will be paid for each unit of electricity they sell to the grid, tracked by their smart meter.

The previous Feed-in Tariff (FiT) scheme closed to new entrants from 31 March 2019.

To benefit from SEG
  • Installations up to and including 50kW in size must use MCS certified technology
  • Installations up to and including 50kW in size must be installed by an MCS certified installer
  • Exported power must be metered, with a meter capable of reporting exports on a half hourly basis
It is expected that mandated suppliers will have to offer at least one SEG compliant tariff from 1 January 2020.

For more information on SEG please read this