Finance & Incentives
Welcome to the Finance & Incentives section of the MCS website. Here you will be able to find out about any finance schemes and incentives that are available for the different technology types.
MCS covers up to 50kW for electricity generating technologies, and 45kW for heat generating technologies. For installations of this size, incentive schemes are available for electricity generating technologies, i.e. Feed-in Tariff (FITs), and heat generating technologies, i.e. Renewable Heat Premium Payment (RHPP) or Renewable Heat Incentive (RHI).
MCS is an eligibility requirement for the various incentive programmes available, but we do not administer any of these schemes. To be eligible for FITs, RHPP and non domestic RHI incentives, the product and the installation company must be MCS certified at the time of commissioning. It has been determined that this is the same for the domestic RHI when this is launched in spring 2014.
The new innovative Green Deal financial mechanism was launched in October 2012 and certain technologies covered by MCS are included in the Green Deal measures.
The Home Renewables Loan Scheme offers interest free loans to help with the cost of buying and installing renewable systems. It is available to homeowners in Scotland and administered by Energy Saving Scotland.