The domestic Renewable Heat Incentive announcement had met a widely positive reception and been praised for providing some much-needed certainty in advance of next year’s launch.
There has been little mention of the disappointing funding levels, however, following the government’s recent spending review.
The linking of the domestic RHI with the Green Deal was something alluded to by a number of industry experts earlier this year, so will again be welcomed by many.
It would also be helpful to see progress with the commercial version of the Green Deal, which still has no clear date for its official launch, following recent announcements by the Green Deal Finance Company.
With only four Green Deal projects listed as ‘pending’ in the recent progress announcement, it can reasonably be assumed that the reason for the delay to the commercial version is definitely not down to the GDFC being inundated with applications.
Although it was stated at a recent meeting of the H&V News editorial advisory board that the RHI was playing no part in the decision-making process of
commercial projects, as these often take two years to come to fruition and there is no confidence that payments will remain consistent, they therefore are not factored in to projected benefits.
Commercial Green Deal loans would presumably be assured at the start and therefore be a driver of new projects.