Renewable Heat Incentive Early Tariff Review

Posted on by Lewis

Details of the Renewable Heat Incentive Early Tariff Review have been announced which propose to increase the rates for all

Key points

Details of the Renewable Heat Premium Payments increases have been announced and are as follows;

This news means that renewable installations will receive greater payments over the 20 year lifetime of the Commercial tariff and should encourage uptake for installations. This means that in addition to savings of up to 60% in running costs compared with off mains gas fossil fuels, premises will be able to generate an income from their heating systems after paying back the intial capital costs.

Additional information on how the review and the ongoing consultation can be found here from the GOV.UK website.

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