As part of the 2020 budget, the Government has announced that the Domestic Renewable Heat Incentive (RHI) will remain open for new applications until March 31st 2022. This is good news for our heat pump clients who can continue to benefit from 7 years of tariff payments under the domestic RHI.
The end date for the Non-domestic RHI scheme is still March 31st 2021. However, the governtment is consulting about some form of extension after this date.
The Government also announced that it is raising the rate on gas under the Climate Change Levy (CCL) whilst freezing the rates on electricity. This will make heat pumps more competitive against gas in a running cost comparison.