Renewable Heat Incentive (RHI) under review
The new coallition Government are reviewing RHIs as part of their spending review. Michael Fallon MP asked Secretary for Energy and Climate Change what plans are being prepared for the future of the RHI scheme.
Energy Minister, Greg Barker, replied as follows: "The Government are committed to increasing the amount of renewable heat in the UK; this is a crucial part of ensuring we meet our renewables targets, cutting carbon and ensuring energy security. We are currently looking at the renewable heat incentive (RHI) proposals.
Clearly there are benefits to the scheme, but we must also consider the impact of the costs, particularly given the financial constraints we must work within and the potential impact that funding options could have on vulnerable people. We are aware that there is uncertainty in the renewable heating industry and want to provide certainty and clarity as quickly as possible, but must make sure that we make the right decision. We will look to make an announcement on the future of the proposed scheme as soon as possible."
