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Renewable Heat Incentive rates for biomass reduced from January 2016

Ofgem have confirmed there will be changes to the Renewable Heat Incentive rates from 1st January, for both the Domestic and Non-Domestic schemes.

The Domestic RHI rate will fall by 20% from 6.43p/kWh to 5.14p/kWh.

The Non-Domestic rate will be reduced by 10% from 4.18p/kWh for Tier 1 and 1.11p/kWh for Tier 2, to 3.76p/kWh and 1p/kWh respectively.

For more information about the Domestic RHI click here

For more information about the Non Domestic RHI click here

Even with the reduced tariff levels, the monetary returns remain attractive, and if you would like to find out more please contact your local EnergyMyWay office.

 

James Eades

By: James Eades

Operations Director, James Eades is EnergyMyWay's in-house expert on renewable energy policy, microgeneration technologies and best practice in the renewable energy industry.