Tariffs & Funding
Green Deal is an initiative to enable people to fund Energy Efficient Measures (EEM) improvement to their homes and businesses via funding the savings made.
Dodd Group are Green Deal Installer accredited - for more information please click here.
Energy Company Obligation (ECO)
The Energy Company Obligation (ECO) is an OFGEM managed funding scheme designed to support Green Deal and provide energy efficient measures - for more information please click here.
The Feed in Tariff (FiT)
Introduced in April 2010 the Feed in Tariff is a Government backed initiative which was created to encourage the generation and use of energy from renewable sources
You can receive feed-in tariffs for both the generation of electricity (a generation tariff) even if you use some or all of the electricity yourself and for giving unused generated electricity back to the National Grid (an export tariff). The level of payment depends on the technology and whether it is being fitted to an existing home, or installed as part of a new build. In the UK, future payments are guaranteed for the next 25 years for solar and 20 years for wind turbine-generated power and are linked to inflation.
To be eligible for the FiT, it is important to note that both the product and the installer that carries out the work must both be accredited by the Microgeneration Certification Scheme (MCS). MCS Accreditation has been introduced by the government to evaluate the quality of the products and of the installers and thus protect the consumer.
When a system is installed the utility provider will need to be notified so that the FIT can be paid
The Benefits of generating your own electricity are:
- A payment for all the electricity you produce, even if you use it yourself
- Additional bonus payments for electricity you export into the grid
- A reduction on your standard electricity bill, from using energy you produce yourself
- Added value to your property
Please visit the Government Website and / or the Energy Saving Trust for further details on the levels of payments available.
Renewable Heat Incentive
The Renewable Heat Incentive (RHI) scheme was set up to encourage the uptake of renewable heat technologies for home owners, communities and businesses.
Technologies systems eligabe for RHI include:
- Air to water source heat pumps
- Ground source heat pumps
- Biomass boilers
- Solar thermal hot water systems
RHI has been split into 2 distinct phases.
Phase 1 for Non-domestic RHI rates and Phase 2 for the start of Domestic RHI.
Please click here for details on the start date of RHI Phase 2 and details of RHI rates.