11.02.16 NI's RHI scheme to be scrapped

Posted on February 11, 2016
Archive : February 2016
Category : News

Essentially, this move will mean the end of Government subsidies for domestic pellet boilers, which is where much of the funding went. The RHI scheme was set up in December 2014 to encourage Northern Ireland's home owners to move to renewable energy as part of its strategy to produce 10% of our heat requirements from renewable energy by 2020 – the idea being that the more heat a home generated then the more money the homeowner could earn over the next 20 years. The government say that because of the success of the scheme they must respond to a severe overspend, believed to be around £30 million and therefore NI's RHI will be shut as soon as possible. 

Currently, approximately 6% of NI’s heating needs are now met by renewable sources, including solar – although this figure would be much, much greater if everyone's much-loved, unsubsidised, tried and tested, low-tech wood burning stove were added to the figures. Fortunately stove owners know a good thing when they see it and don't need a government subsidy to distort the sound economics stove ownership makes (although a small subsidy would be very welcome any time you're ready Mr O).

Source: BBC News and Clean Energy News (David Pratt) – click to see the complete stories.