Government in the UK have now confirmed changes on May 10th 2017 affecting the domestic Renewable Heat Incentive scheme in response to the proposed back in December 2016.
The reason being that the general election will be held next month in June 2017, meaning that the existing Parliamentary session will be ending. In turn, the RHI regulations that were in place cannot be renewed and come into play before the election.
If you are worried about these changes, do not panic as there is still time for you to submit your applications now, which will ensure you the current rates. In very uncertain times it is great to have some reassurance in knowing your future can be catered to and you can earn regular income with RHI and renewables.
The specifics of RHI and its regulations and changes will be a decision made by the allocated UK government.
2017 Tariffs April - June
How much could I earn with RHI?
How much you could earn depends on your personal circumstances - such as the size of your home, how much heating you need and which renewable heat technology you choose to install.
The rates for domestic RHI tariffs for applications submitted between 1 April to 30 June 2017 are:
- 7.63p/kWh for air-source heat pumps (air to water)
- 19.64p/kWh for ground-source heat pumps
- 4.28p/kWh for biomass boilers and biomass 'cooker stoves'
- 20.06p/kWh for solar thermal panels
The rates for RHI payments on heat pumps and biomass boilers will increase from spring/summer 2017. The government has not announced the precise date yet, but if you applied to join the RHI scheme from 14 December 2016, your tariff will automatically increase once available. The higher rates will be:
- 10.18p/kWh for air source heat pumps
- 19.86p/kWh for ground-source heat pumps
- 6.54p/kWh for biomass boilers
Who is Eligible for RHI?
- Home owners, self-builders, and landlords of private property. Registered providers of social housing who have had renewable technology installed can also apply for RHI – subject to meeting criteria.
- RHI is not available to new build properties unless it is strictly a self build project
- You must ensure that you apply within one year after your installation date.