Further to Friday’s news item regarding the Commercial RHI only to degress by 10% on January 1st, we have also been advised by DECC and the REA that the Domestic Renewable Heat Incentive tariff for biomass will also only be degressed by 10%
This is great news as we had been expecting a 20% tariff degression!
The new rates, effective January 1st 2015, for domestic biomass boilers will be;
| Existing tariff | New tariff for installations accredited on or after 1 January 2015 | |
| Biomass tariff | 12.2p/Kwh | 10.98p/Kwh |
The regulations can be found here and the degression data here.
To give you a good idea of what your predicted payback might be, we have revised our Domestic RHI worked examples. See what your payback might be from 20-45kW and what your fuel cost saving versus Mains Gas, LPG, Heating Oil and Electricity might be.
Alternatively, check out Rainbow Heat and Power's Domestic RHI Caclulator, which you can find here.