RHI UPDATE – 25 NOVEMBER 2011
The Renewable Heat Incentive (RHI) for non-domestic generators will open for applications on Monday 28 November 2011.
The start of the scheme follows a short delay while DECC resolved the scheme’s compatibility with EU state aid rules and re-submitted the draft regulations to Parliament. Organisations will be able to apply to Ofgem for support under the scheme from Monday 28 November and will receive payments on a quarterly basis for heat generated over 20 years.
Applications can be made by the owner through Ofgem
For installations less than 200 kW the payment for biomass (wood pellets, wood chip, logs, miscanthus etc) will be 7.9p per kWh of metered heat below 1314 hours and 2p per kWh of metered heat above 1314 hours.
For instance for a 50 kW boiler using 1314 hours over 1 year would gain a little over £5000 per annum for 20 years.
For information on how you may be able to benefit from these payments please contact us.