The proposals provide further information on what the situation will be for new project installations next year and also for the period covering April 2017 – March 2021.
From the perspective of non-domestic biomass boilers the key headline messages are that the tariff rates for “medium scale” systems (those between 200kW and 1MW) will reduce by approximately 50% after the 1st April 2017. This means that there are financial advantages to progressing with the installation and delivery of new projects of a certain size during 2016.
From April 2017, there will be simplifications to the biomass tariff structure under the RHI which will standardise the rates of payment received across boiler sizes – in many ways these will improve the RHI and they are likely to make larger district heating and industrial scale schemes more viable.
Contact us for more details on the proposed RHI changes and to discuss the posibility of progressing a biomass project for completion this financial year.