Summary: A press release from Government (30.06.20) announcing a tariff extension to the Non Domestic Renewable Heat Incentive (RHI) has brought market confusion and threatened the financial support for thousands of shovel ready low carbon schemes, as the true nature of the announcement has been revealed by industry.
Read the full story at kensacontracting.com
- The Domestic Renewable Heat Incentive (DRHI) scheme will finish in March 2022, having fallen well short of its initial aims
- However, the reality for the Non Domestic Renewable Heat Incentive (NDRHI) is that the extension is only applicable to those in receipt of tariff guarantees or to those that apply for a tariff guarantee and are able to provide evidence of Stage 2 Financial Close before March 2021, earning the applicant one extra year – until 31st March 2022 – in which to get the installation work completed.
- Therefore the deadline of March 2021 remains for all other applicants to the Non Domestic RHI.
- David Broom, Sales Director of Kensa Contracting commented “Miss-interpretation of the Government’s announcement has understandably led to clients wrongly assuming the Non Domestic RHI has been extended and thus taking the pressure off applications.”
Read the full story at kensacontracting.com
Please note, the RHI has now closed. Please visit this page to explore other funding.
