Renewable Energy Funding, Grants and Government Incentives

Granting you the resources to go green

The Government’s commitment to cutting UK greenhouse gas emissions means that there are a range of financial incentives and grants to encourage homeowners to invest in renewable energy solutions.

These have been implemented to help the UK meet Government targets of:

• 20% reduction in carbon emissions by 2020
• 20% improvement in energy efficiency by 2020
• 20% of energy used to come from renewable sources by 2020

There are rewards, grants and incentives available for everything from sustainable energy and heating systems to home insulation, available directly from the government and through third parties.

There are a range of schemes currently available to take advantage of, and many more which have been proposed.

 

The Carbon Emissions Reduction Target – CERT

The Carbon Emissions Reduction Target (CERT) requires all domestic energy suppliers with a customer base in excess of 250,000 customers to make savings in the amount of CO2 emitted by householders. Established in 2008, the scheme requires energy providers to provide grants for measures to improve energy efficiency such as loft and wall insulation, and measures to increase the amount of energy generated by renewable means.

A restructured CERT – to December 2012 – has refocused attention on home energy insulation, paving the way for the Government’s new Green Deal.

Under the CERT scheme homeowners are eligible for grants regardless of their energy provider. You do not have to be a customer of an energy provider to benefit.

For more information please visit the Department of Energy & Climate Change’s CERT pages or the CERT information page of the Energy Saving Trust’s website, or contact your energy provider.

 

Feed-in tariff (Clean Energy Cashback) scheme

Available since 1st April 2010, this scheme sees energy suppliers make regular payments to householders generating their own electricity.

People generating electricity on-site will receive the following benefits from the scheme:

  • Generation tariff – a set rate paid by the energy supplier for each unit/ kWh) generated
  • Export tariff – a further 3.1p/kWh for each unit of unused electricity you send back to the National Grid, regardless of the technology used to generate it
  • Energy bill savings – supplying electricity for your own appliances means that you will require less from your supplier, and will therefore have less to pay

Technology which is eligible under the scheme includes:

  • Solar photovoltaic (PV) electricity
  • Wind turbines
  • Hydroelectricity
  • Anaerobic digestion
  • Micro combined heat and power (micro CHP) (currently limited to a pilot period)

Recently there has been a heated debate between installers of Solar PV systems and the Government over the speed with which a reduction of the Feed-In Tariff was introduced.

The latest official information about feed-in tariffs can be found on the Department of Energy and Climate Change’s Feed-In Tariffs pages.

Please make sure to check out the Official Feed-in Tariff Payment Rate Table (PDF).

 

For more information, please visit:

 

Renewable Heat Incentive (RHI)

The Department of Energy & Climate Change has recently announced further plans for the delivery of the Renewable Heat Incentive (RHI).

On 26th March 2012, the Department of Energy & Climate Change announced a second phase to the Renewable Heat Premium Payment scheme, which will provide further short term support for installations of renewable heat technologies in the household sector.

The following Fact Sheet offers a comprehensive overview of the available grants and what these are worth.

For further information about the Renewable Heat Incentive please visit www.rhincentive.co.uk and www.decc.gov.uk.

 

Reduced VAT On renewable technologies

Professionally installed renewable technologies available from James Hargreaves Renewables are eligible for a for a reduced VAT rate of 5%.

This is applied to a range of renewable energy equipment and its installation when fitted in your own home.

For full details and to see which products are available at a reduced rate of VAT go to our reduced VAT on renewable installations information page.

 

Enhanced Capital Allowances energy scheme (ECA)

The ECA is a major Government incentive to manage climate change which gives tax relief to companies investing in energy and water saving technologies.

The scheme works by allowing businesses to claim the costs of a range of energy and water saving plant and machinery against taxable profits for their year of purchase.

Tax relief is available on many of the energy and water saving products available from James Hargreaves Renewables such as:

• High efficiency boilers
• Combined heat and power systems
• Heat pumps for space heating
• Solar thermal systems
• Warm air and radiant heaters
• HVAC zone controls
• Flow controllers
• Water efficient toilets
• Water efficient taps
• Rainwater harvesting equipment

Allowances are also available for businesses investing in cars with low CO2 emissions and many other water and energy saving technologies.

For full information on the scheme, a list of technologies covered and details on applying go to www.eca.gov.uk.

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