Renewable Heat Incentive Scheme
(asked on 19th October 2017) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government (1) what was the cost of the Renewable Heat Incentive scheme in Great Britain in each of the last four years; (2) what is the budget for the Renewable Heat Incentive scheme subsidy payments for the next six years; (3) why a cap was introduced in 2016; and (4) at what cost level it is pegged.
Data on payments from the Renewable Heat Incentive (RHI) schemes are given in the table below.
Year | Domestic RHI | Non-domestic RHI | Total |
13/14 | 0 | £54m | £54m |
14/15 | £23m | £148m | £171m |
15/16 | £77m | £296m | £373m |
16/17 | £92m | £454m | £546m |
Based on data to end Aug 2017 | |||
In November 2015, the Government confirming a continued budget for the RHI to 2020/21, as set out in the table below. A budget cap allowing the scheme to be closed to new applications was introduced to reinforce existing cost control mechanisms within the RHI, to ensure that scheme expenditure does not exceed the allocated annual budgets.
| 16/17 | 17/18 | 18/19 | 19/20 | 20/21 |
Budget | £640m | £780m | £900m | £1010m | £1150m |