The Green Deal aims to fund energy-saving upgrades for your home without any upfront costs. You'll still be charged for the improvements, but the cost will be repaid over time as an additional charge on your energy bill. However, the 'golden rule' of the Green deal is that your repayments will have to be less than the money you will save on your energy bills. Therefore you will never see an increase in your energy bills as a result of the installation.
If you invest in solar PV, the Government's Feed-In Tariff (FIT) states that you will receive money for every unit of energy you generate, this is paid to you by your energy supplier every quarter. The FIT works in two ways, firstly for every unit generated you will receive the governments FIT, Plus you will save whatever your energy supplier is charging you per unit. Secondly you have an export tariff, This occurs when you generate more energy than you use, the excess energy will be sent to the grid paying you an additional Export tariff on top of your FIT. Whether you use the energy or export it you are continually making and saving money. This is why millions of people around the uk have made this intelligent investment, contact Green Deal Savings today for a free solar survey.
The Renewable Heat Incentive (RHI) is a Government scheme set up to encourage the uptake of renewable heat technologies among householders. The financial incentive will be paid as a set rate per unit of renewable heat produced (kilowatt hour or kWh), for seven years, to the owner of the heating system.