Australian news, and some related international items

How UK and European households gain from Renewable Energy Tariff

(UK) Making the most of the Renewable Energy Tariff’s – Better Generation, 5 July 2010,“…… the average household could stand to gain in excess of £2000 through the latest renewable energy tariff schemes.
Feed-in tariff (FiT) and the Renewable Heat Incentive (RHI) are designed to provide a guaranteed annual return, free from income tax, of 8% on investment. The Renewable Heat Incentive (RHI) is actually due to go live in April 2011 but any system installed between now and then will be eligible. The scheme has gathered wide cross-party support in UK government, with plans to double the maximum generation limit to 10MW and an overall aim of sourcing 8% of the UK’s energy through tariffs.

Ownergy’s guide highlights the benefits for UK property owners:

The average household will be £2,000+ better off a year through the renewable energy tariffs

  1. The tariffs are for virtually everyone with a property – householders, businesses,landlords, schools, hospitals, entire communities, the list is endless…
  2. The tariffs put you in control of your energy – you are free to manage your consumption and generation
  3. By installing renewable energy systems and benefiting from the tariffs, you will make a significant contribution to environmental sustainability in the UK

Outside of the UK, a number of other European countries are quickly implementing and updating feed-in tariff policy with the German system serving as the lead model.

Making the most of the Renewable Energy Tariff’s – Better Generation

July 6, 2010 - Posted by | climate change - global warming, energy, wind | , , , ,

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: