The Feed-In Tariffs scheme was introduced to support the widespread adoption of proven small-scale low-carbon electricity generating technologies. The scheme was intended to give the wider public a stake in the transition to a low-carbon economy and in turn foster behavioural change that would support the development of local supply chains and reductions in energy costs. To date the scheme has supported over 830,000 installations, or 6 GW of capacity.
The Renewable Heat Incentive (RHI) is the world’s first long-term financial support programme for renewable heat. The RHI pays participants of the scheme that generate and use renewable heat, or that provide green gas to the gas grid. Under the RHI, the Government has supported over 71,500 homes and over 19,500 businesses, schools, farms and other organisations to install new low carbon heating systems, and these numbers continue to grow (in August 2019 there were over 1,100 domestic applications to participate in the scheme). We estimate that by 2021 the RHI will have supported 21.4 terawatt hours of renewable heat generation. This is equivalent to the annual gas consumption of over 1.6 million households.
In January 2020 the government is introducing a new Smart Export Guarantee, which will ensure that homes and businesses who export their surplus low carbon electricity to the grid can receive payment from their energy suppliers.