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Energy efficiency is not just low-hanging fruit; it is fruit on the ground.Stephen Chu, US Secretary of Energy
RHI spending cap announced
If, in any financial year, the RHI reaches 97% of its allocated budget, the scheme will be suspended — i.e. closed to new applicants until the start of the next financial year (April). Only one week’s notice of this will be given before closure.
To provide some advance warning, the amount committed to date vs. budget will be published weekly by DECC. However, as the uptake of RHI has been relatively slow so far, the capping level is unlikely to be reached in 2012.
Any installation that is already fully accredited will not be affected — i.e. will continue to receive RHI payments. However, rules for new applications and applications that are in progress are more complicated...
- If you have already applied for or received preliminary accreditation, you can still apply for full accreditation once the installation is commissioned and receive RHI payments even if scheme is suspended. This is also the case for applications made before these changes come into effect (expected in July 2012).
- An application for preliminary accreditation made after these changes come into force, but before a suspension, will be completed — but you will not be able apply for full accreditation until the RHI re-opens in the new financial year.
- An application for full accreditation made after these changes come into force, but before a suspension, will be completed and RHI payments made.
- Any new application (preliminary or full) made after a suspension will not be processed until the start of the new financial year.