As we begin 2018, heating oil prices are increasing, and Government support at it's highest ever level. As such, demand for Ground Source Heat Pumps and Air Source Heat Pumps is set to increase. Alto Energy is the UK's exclusive distributor for IVT Heat Pumps, including the IVT Greenline HE: the most popular Ground Source Heat Pump in the UK market.
Ofgem have now confirmed that the Renewable Heat Incentive ("RHI") payments for Air Source Heat Pumps will increase by 33% from 20th September 2017 (subject to final Parliamentary approval).
Ofgem have stated that the Renewable Heat Incentive ("RHI") payments for air source heat pumps are due to increase by approximately 33% this Spring/Summer. For a typical 3-bedroom property with a heat load of 15,000 kWh, the amount of RHI payable is now over £1,000, an increase of around £240 from the previous tariff rates.