Multiple Properties.

 

The non-domestic Renewable Heat Incentive (RHI) offers an attractive financial incentive to set up community heating schemes and provide heat to several properties from a central boiler.

 

Size is unimportant – just two small cottages sharing a single biomass boiler qualify as a ‘non-domestic’ installation in the same way that a scheme covering an entire town would qualify. The key is that a single boiler is providing heat to more than one separately rated/council-taxed property.

 

The RHI is designed to provide a 12% return on investment and is funded by HM Treasury with a guarantee that it will increase in line with RPI, and is payable for a period of 20 years from the date the installation is accredited.

 

We have now undertaken many such schemes, most on farms and rural estates but some where there is a small holiday cottage adjoining a house, or where there is a granny-annexe attached to a property and the annexe has a separate council tax bill. The return provided by the RHI, couple with cheaper fuel bills, makes such installations very attractive indeed.

 

Please contact us to discuss your particular requirements, or to be put in touch with someone who has a similar installation.