Govt 'on track' to meet RHI targets - 12/06/2012
The government is well on course with its plans to help people generate green cheap energy from renewable sources.
It was noted by climate change minister Greg Barker that the Renewable Heat Incentive (RHI) is on track and the first milestone in the rollout of the initiative has been met.
The scheme, which Mr Barker said is the first of its kind in the world, provides long-term support for technologies such as biomass boilers, heat pumps and solar thermal panels.
However, the minister noted a cap of £70 million has been put in place for the initiative in 2012/13, as a higher limit would leave insufficient funds for developments in subsequent years.
If this cap is reached, a mechanism will be activated to suspend the scheme, though Mr Barker said this is unlikely to happen.
"We have learnt from our previous experiences and want to provide assurances to the market and the public that we are spending money on the RHI in a sustainable way," he stated.
Recently, the government allocated £10 million to help install renewable heating systems in social housing schemes around the UK.
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