Renewable Heat Incentive launches 9th April

albyota

peat wrote: »

Albyota I fear you have miss-calculated. I think the calculation should be:
Annual kwh x (1 - 1/SPF) x 7.3p which in your case would be:
11,509 x 0.71 x 7.3p = £596.51 per year

I would love to be proven wrong as I am in a similar situation and feel somewhat conned when looking back on the payments that were mooted back in 2010/2011 when I made the decision to install ASHP.

No peat, DONT FEAR.... I have not mis-calculated, just didn't put all the info in the post......

My GDA EPC states 13,053 kWh space heating, and 2,882 kWh DHW, TOTAL 15,935 kWh x 1 - 1 / SPF 3.6 = 11,508.61 x 7.3p = £840.12

I had my system re-assessed from a legacy System SPF 2.5 to a 3.6 as I have full UFH.

Hope this helps

AL

peat

I'm planning switching to a wood-pellet system, the RHI payments make it a no-brainer, I will get the ASHP physically detached but still be there when the 7 year RHI runs out

albyota

peat wrote: »

I'm planning switching to a wood-pellet system, the RHI payments make it a no-brainer, I will get the ASHP physically detached but still be there when the 7 year RHI runs out

Have you had any costs for pellet boiler system,
RHI payment and ROI figures. Be interested to know which boiler you would go for.....

peat

Hope to price it next week, probably one of the Klover range

matelodave

Whoopee :j the RHI payment dropped into my bank account yesterday as planned (and hoped for), only 27 more to come.

[Deleted User]

Well just submitted ID documents, not without phoning them up first...


1] Copy of driving license - fine


2] Copy of bank statement - (Bank Statement, if it is an online statement it must be certified by your bank (i.e signed and stamped in branch) or any letter on bank headed paper that clearly show your name, address, account number and sort code. This must be dated within the last three months.)


Well my online account produces yearly only statements with last one being more than three months ago. RBS cannot order paper statements for online accounts and have had a policy of not certifying statements for the last two years Fortunately the teller thought sod it and certified the last statement anyway.


The RHI helpdesk said this should be fine. I thought it better be as we live in an online world - get with it...


Cheers


PS is this RHI saga ever going to end...

matelodave

That's what I had to do although I still get paper statements (no discounts for not getting them). I just photocopied the header with my driving licence on the same sheet and sent it off. I also had to send them a copy of my GDAR even though it's on the web and I printed it off my self (the same as they could).


I'm beginning to wonder if the RHI is just another job creation scheme for civil servants;)

[Deleted User]

£208.40 a quarter...


Not sure if I should laugh or cry...


Cheers

matelodave

Do the sums work out then? - it's probably nowhere as good as originally planned but at least you've got in before they change their minds again and nearly £6k is better than a poke in the eye.

[Deleted User]

matelodave wrote: »

Do the sums work out then? - it's probably nowhere as good as originally planned but at least you've got in before they change their minds again and nearly £6k is better than a poke in the eye.

Our calculation...


7.3p/kWh x 12973.2kWh/pa / 4 quarterly payments - £850 RHPP / 28 quarters = £208.40 p/quarter. Tried to copy from the RHI website so hope it makes sense.


Our recent electricity bill estimated our annual consumption at 8000kWh.


Between FITs & RHI almost knocking on £200 a month so can't grumble, RHI payments don't start till Oct tho...


Cheers