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28/06/2011

Renewable Heat Incentive Introduces Two Phases

Renewable Heat Incentive (RHI) is currently being introduced in two phases.

Phase one for the non-domestic sector will be available from post- July 2011, while phase two the domestic sector will be available from October 2012.

The RHI will be funded with £860 million from the government budget over the period 2011-2014, with payments guaranteed for twenty years from entry to the scheme within this time.

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Payments will be paid quarterly to the owner of the equipment and cannot be assigned to any other person. Anyone who has installed renewable heat since 15 July 2099 will qualify for the Renewable Heating Incentive.

For further information visit: www.Treadwarm.co.uk

(KMcA)

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