NI to launch renewable energy incentive scheme - 23/07/2012
This autumn a renewable energy incentive scheme will be launched in Northern Ireland in a bid to encourage businesses to reduce their carbon footprint.
Energy minister Arlene Foster announced the Renewable Heat Incentive (RHI) initiative will help firms to fund the cost of biomass boilers, heat pumps and solar panels.
Ms Foster said: "The RHI will provide businesses, community groups, schools, churches and other organisations with long term financial support when switching to renewable heating."
Money will be paid out in payments that last the lifetime of the technology and bridge the gap between the costs of fossil fuels and renewable heating.
The RHI is designed to help increase the levels of renewable heating in Northern Ireland to four per cent in 2015 and ten per cent in 2020.
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