The Renewable Heat Incentive (RHI) scheme is coming to an end for new applicants on the 31 March 2021. There are, however, two options that can allow participants to install and apply for their projects up to 31 March 2022.
A Tariff Guarantee if the system is eligible for this or systems that are not eligible for the Tariff Guarantee can apply for an extension. For non-Tariff Guarantee participants, eligible applicants will be able to submit an ‘extension application’ in March 2021, to gain an additional 12 months.
This will allow them up to 31 March 2022 to put together a full application for non-domestic RHI accreditation. As part of the application, there will be an additional requirement for evidence that the applicant had invested capital in the project prior to the 17 August 2021, in order to ensure that this measure is targeted at those most in need of aid as a result of COVID-19 related delays.
This means that for most projects there is still time to get in on the RHI scheme provided action is taken quickly, this will include having your project scoped and relevant permissions in place.
At the moment there are no plans to further extend the RHI beyond these dates, the next support mechanism for green heat will be capital grant based, with up to £4,000 available per scheme to support the installation of smaller installations (up to 45 kWth). This will fit small commercial building and office space heating well but is unlikely to be very popular in many agricultural sectors.