By Della Sims, Mar 30 2017 08:56AM
The FiT (Feed in Tariff) and RHI (Renewable Heat Incentive) are financial inducements introduced by the government several years ago to promote the take-up of renewable energy technologies. They are effectively subsidies to encourage the use of renewable energy technologies. The rates are set by the Department for Business, Energy and Industrial Strategy (BEIS), formerly known as the Department of Energy and Climate Change (DECC).
Since the Industrial Revolution, which started in Great Britain in 1760, the UK and all other industrialised nations have been almost entirely dependent on finite supplies of fossil fuels such as coal, oil and natural gas for fuel. Furthermore, the use of these fossil fuels produces greenhouse gases such as carbon dioxide which cause harm to the environment.