This is a very brief, introductory guide to renewables. Links to more information can be found throughout.
It makes sense to make your home as energy efficient as possible before you consider generating your own energy from renewables. This will mean that you don't need to generate as much energy or heat. There is lots of advice on how to do this in the other pages of the Take Action, Save Money section.
Types of Renewable
There are two types of renewables. Those that generate electricity and those that generate heat.
The main types that generate electricity are:
Those that generate heat are:
It is important to get the right sort of renewable technology for your own home. For example solar panels require a roof which faces a suitable direction.
Funding
Until 2019 there were two government schemes to help fund domestic renewables. THe FITS scheme is now closed but the RHI scheme still exists (July 2019):
Feed in Tariff:
NB: the FITS SCHEME CLOSED TO NEW APPLICANTS IN APRIL 2019. Anyone registered to receive FIT payments before this date will not be affected.
FITS were introduced in April 2010 to make it more financially worthwhile to install renewables that produce electricity.
Technologies covered were:
A two way meter allows the sale of electricity to the grid. Households need to have the money to purchase solar panels in the first place. You then needed to apply for the FIT. Under rules introduced in 2016 there was no guarantee that applying will meant getting FIT payments; only a certain number of households received support.
If you have had an application for FITs accepted then you will save/earn money in three ways:
Renewable Heat Incentive: Whilst the FITS scheme has now ended, the RHI scheme continues for now. It can provide money towards renewable heating costs in your home. You can claim for:
Payments are made for seven years and are determined by the amount of renewable heat made by your heating system. Find out more and apply for RHI.
The Green Homes Grant
The Green Homes Grant is a £2bn grant available to most landlords and homeowners in the form of a voucher that is worth around two-thirds of the cost of renovations and improvements that are energy efficient. Participants will receive up to a maximum of £5,000 per household (Which is raised to £10,000 for low-income households & the homeowner won't have to pay for any of the improvements.) The list of energy efficient improvements covered is quite extensive and covers the addition of insulation, heat pumps, and solar thermal systems. If one of these upgrades has been undertaken, the remainder of the voucher can also be applied to double or triple glazing, adding energy-efficient doors & heating controls. To be eligible your property must be in England. For more information on what is covered and how to apply, consult Simple Energy Advice.
Links
A number of homes in Nottinghamshire and Derbyshire have installed the technologies mentioned above. Some have taken part in the Nottinghamshire and Derbyshire Eco Open Homes Week and may be available to visit or to contact the owners to find out more about their experience of installing renewables.
Friends of the Peak District has produced a Quick Guide to Micro Hydro Power in the area.
Ground Source Heat Pump Association
Logpile allows you to search for supplier of wood and wood fuel equipment by postcode.
Investing in Community-Owned Renewables
If you can’t, or don’t want to, install renewables on your own home then you could invest in a community-owned project instead. These schemes usually involves lots of people buying shares in a larger scheme which them feed energy into the grid. Shareholders receive a return on their investment and many schemes also reserve some of their profits and use them to fund community projects. There are some projects in Nottinghamshire and Derbyshire, and many more further afield. Local examples:
Our newsletter regularly includes news of schemes you can currently invest in.