The latest Renewable Heat Incentive (RHI) stats have been published by The Department of Energy and Climate Change (DECC) and there will be no reduction in non-domestic RHI tariffs from 1st April 2014.
The quarterly forecasts shows the current estimated committed expenditure for the next 12 months based on the number of RHI applications and accreditations. It advises whether any tariffs will be reduced, the level of reduction, what the new tariff(s) will be and when they will take effect.
There had been considerable speculation that the below 200kW biomass tariff would be reduced but whilst small biomass is over its allocated budget by circa £8m the overall RHI scheme has achieved less than 50% of its projected expenditure therefore no cut will be applied to any technology or any size.
Click here to view the report or call us on 01397 706412 for more information.