Rural Energy’s online tool for RHI calculations

Rural Energy, RHI, Renewable Heat Incentive, boiler, biomass

Rural Energy offers an online tool to calculate the expected return for projects qualifying for the non-domestic Renewable Heat Incentive. It provides a quick reference guide to expected savings and payback periods, as well as estimating the cumulative cash flow throughout the RHI period.

The calculator enables users to select the size of boiler, expected usage level, the fuel type (wood chips or pellets) and the current fuel (gas, oil, LPG or electricity). The cost of the project is also selected using a slider tab.

This information is used to estimate the payback period, the net cash benefit over 20 years and the internal rate of return.

Paul Clark, managing director at Rural Energy, commented, ‘We were pleased to welcome the news that the RHI is set to continue beyond its initial end date of March 2016, which was announced in Chancellor George Osborne’s Comprehensive Spending Review at the end of last year. The RHI makes accessing biomass energy simpler and more affordable for a wide variety of large-scale applications, but it’s not always immediately clear what the cost implications and savings might be.

‘Our aim with the RHI calculator was to create a handy reference tool that could give a quick insight into these questions.’

Related links:
Related articles:



modbs tv logo

WIN a £500 Amazon voucher – in the MBS subscriber prize draw 2021

Subscribe, or renew your free subscription, to MBS between 1st June and September 30 2021 and you could win a great prize.

ECS card holders reminded of new Occupational Qualification Structure ahead of July renewals

The Electrotechnical Certification Scheme (ECS) is reminding ECS card holders with a Network Infrastructure occupation that from 1 July 2021 all card renewals need to meet the requirements of the new Occupational Qualification Structure for the Network Infrastructure industry.