By opening up the incentive scheme to new builds, converted properties and by making it more accessible and affordable for oil users, the RHI has the potential to significantly lower Britain's carbon footprint," said Jeremy Hawksley.
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(PRWeb UK) May 29, 2010
A leading representative for a new bio-liquid heating fuel estimates that up to 1.25 million tonnes of CO² and a reduction in household fuel bills of up to £600 per annum could be saved every year if oil users are incentivised to make the switch.
The Oil Firing Technical Association (OFTEC) was successful in its campaign back in February 2010 for the new bio-fuel to be included in the proposed Renewable Heat Incentive (RHI) due to be introduced in April 2011, which offers incentive payments for using renewable heat technologies in homes and other buildings.
As an eco-fuel it is one of the more cost effective ways to encourage the take up of renewable heating and can also be combined with other renewable technologies such as solar thermal panels. The representative for the 1.4 million oil users in the UK also wants to see the introduction of new builds and converted properties into the RHI scheme.
Jeremy Hawksley, OFTEC director general said, “Due to its versatility and relatively low cost and ease of conversion compared to other renewable alternatives, there is the opportunity to make a significant environmental impact by switching oil users in rural and semi rural locations to the new liquid bio-fuel. It is also vital that the scheme covers new as well as existing buildings. We understand that the new Government will enact the RHI as proposed.”
OFTEC hopes to encourage a large percentage of the UK’s 1.4 million oil users to sign up to the RHI scheme, as many of the homes currently heated by oil will be able to switch to bio-fuel with relatively low effort and cost.
Jeremy adds: “Almost half of the UK’s CO² emissions come from buildings and by opening up the incentive scheme to new builds, converted properties and by making it more accessible and affordable for oil users, the RHI has the potential to significantly lower Britain’s carbon footprint.”
The RHI is intended to encourage switching to renewable heating sources in exchange for receive regular payments from OFGEM for up to 23 years after installation.