The government’s Department for Energy and Climate Change (DECC) has announced a 10% reduction in the domestic Renewable Heat Incentive (RHI) rates for biomass boilers in January 2015. This change comes as a reaction to the huge demand for biomass that has been seen since the RHI was launched in April 2014.
The good news for homeowners considering a biomass boiler is the changes will have very little impact on the returns you can expect from installing a biomass boiler in 2015 and most biomass boilers will still pay for themselves over 7 years.
The Renewable Heat Incentive rate for domestic biomass boilers from January 2015 will be 10.98p/kWh. The rates for all other renewable heat technologies remain unchanged.
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