Commercial RHI Tariffs fixed until 1st April 2014
The Department of Energy and Climate Change (DECC) have announced that there will be no reduction in any of the Commercial RHI Tariff categories until April 2014.
As a consequence of the quarterly Commercial RHI scheme assessments published by DECC, tariffs are to remain fixed at the rates shown below:
|Tariff Category||Eligible Size||Tariff Rate (pence/kWh)|
|Small Commercial Biomass||<200kW||Tier 1: 8.6 / Tier 2: 2.2|
|Medium Commercial Biomass||>200 – <1,000kW||Tier 1: 5.3 / Tier 2: 2.2|
|Large Commercial Biomass||>1MW||1.0|
|Small Commercial Heat Pumps||<100kW||4.8|
|Large Commercial Heat Pumps||>100kW||3.5|
According to current trends and figures, which determine whether there are to be any tariff reductions in the upcoming quarter, it is likely that we will witness some tariff reductions post April 2014.
This threat of future tariff reductions will only potentially apply to the Small and Medium Commercial Biomass tariff categories. If each of these tariffs were to be affected by future reductions, a rate decrease of 5% for each tariff would be likely from 1st April onwards.
Any future tariff reductions will not be announced until the end of February next year so there is still time to take advantage of the current tariff rates. We do recommend that, if you are considering installing a Small to Medium Commercial Biomass system in the near future, you contact us as soon as possible so we can help you secure the best possible tariff rate!