The Regulations for the UK’s Renewable Heat Incentive (RHI) have now been amended, incorporating the Government’s degression mechanism into legislation.
The changes to the cost-control mechanisms to RHI are a result of the July 2012 consultation on the Non-Domestic Renewable Heat Incentive: ‘Providing Certainty, improving performance’, with the UK Government’s response announced in February.
The UKCHPA bulletin reports that the Government stated they would implement a degression mechanism to ensure that RHI tariffs fall as deployment for renewable heat technologies increase. Degression triggers have been set out up until March 2015. DECC will make its first degression announcement by 1 June 2013.
The full text of the Renewable Heat Incentive Scheme (Amendment) Regulations 2013 can be found here.
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