The Government recently published its response to the consultation on Renewable Heat Incentive (RHI) reform, which includes an announcement on changes to the scheme tariffs.
Tariffs set the rate for your Domestic Renewable Heat Incentive (RHI) payments. People who join the scheme and stick to its rules receive quarterly payments over seven years. 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).
BEIS announced on 30 November 2016 that the degression trigger for biomass has been passed. This means that the biomass tariff of 4.68p per kilowatt hour has now reduced by 10% to 4.21p per kilowatt hour for all new applications made. If you joined the scheme before 1 January 2017 you’re not affected and your tariff rate stays the same.
The tariffs for air source heat pumps, ground source heat pumps and solar thermal are not affected.
For more information on current and historical RHI tariffs please visit the Ofgem website.
Article Source: Ofgem