Money Really Does Grow On Trees

The Government has, at last, made their announcement on the Renewable Heat Incentive (RHI), which is intended to make renewable heat not just an environmentally sound decision, but also a financially attractive one.

They have decided to take a staged approach to the introduction.Non-domestic installations will become eligible soon after July 2011, with domestic ones being delayed until October 2012, subject to the results of a trial scheme in the interim.

Various technologies are covered by the scheme, but we believe that biomass boilers are probably the most relevant for Estate owners who control the fuel source. Biomass is the only sector where the tariffs for some installations are nominally higher than in the Consultation Paper.

Tariffs will run for 20 years and will be linked to the RPI. Payments for biomass heating will be made on a tiered basis to act as a disincentive to wasteful production.

Other points to note are that any installations installed after 19 July 2009 will be eligible, but any grant already received will need to be repaid. Those pioneers who installed apparatus before this date may have the opportunity to benefit from the scheme.

Importantly, non-domestic installations include district heating systems covering multiple residential properties.

Although it is disappointing that the RHI is not yet available for domestic properties, we believe that there are major opportunities for Estate owners to benefit from the non-domestic scheme.

We have commissioned and managed a number of existing biomass schemes. We understand the complex interaction between installation, wood supply and business structures to set up projects to the best effect.

For further information on the RHI or any other matters concerning renewables please contact Athole McKillop at the Bywell office on 01661 843168.

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Head Office: Land Factor Limited, South Acomb, Stocksfield, Northumberland, NE43 7AQ | Tel: 01661 843168 | Fax: 01661 842838 | info@landfactor.co.uk
with offices in Haltwhistle, Blagdon and Penrith.

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