In previous posts we advised that the Department for Business, Energy & Industrial Strategy (BEIS) were due to re-lay the revised non-domestic RHI regulations before parliament after the Easter recess. However, we anticipate this will now be delayed until after the recently called General Election, with an expected timescale of approximately eight weeks for approval. Depending on parliamentary schedule, this means that we forecast it is now likely to be around September before the reforms are introduced. The good news is that current tariffs will be available until then.
If you have a biomass project that you think you can move on quickly then please contact us on firstname.lastname@example.org or phone 01397 706412 to discuss.
For projects below 1MW completing after the reforms, the new RHI rates will still offer an attractive return on investment. For projects above 1MW, the new rates are a 30% uplift on the old rates which is very exciting for large heat users.
Please note that existing accredited installations will not be affected by the proposed RHI changes.