Breakthrough for UK solar thermal
The Solar Trades Association (STA) has welcomed a government-backed seven-year financial incentive for homeowners who install renewable heating technologies, including solar thermal.
According to the STA, households with solar thermal are set to benefit by between £1,150 and £3,250 depending on the number of people in the home.
The scheme will be open for applicants in Spring 2014 but installations since 15th July 2009 are eligible to join, meaning that customers can install right now with the knowledge that they will receive the Renewable Heat Incentive (RHI).
Stuart Elmes, chair of the STA solar thermal working group, says: “This is a massive boost for the solar thermal market. The value of this incentive is on a whole new level, there’s nothing like it anywhere in the world.”
The tariff has been set at 19.2p/kWh for seven years but this could be increased to 21.7p/kWh subject to the outcome of the non-domestic RHI tariff review, making solar thermal one of the most affordable renewable technologies for homeowners.