Following the Chancellor’s comprehensive Autumn spending review, the Heat Pump Association has welcomed the news that the government remains committed to RHI funding and that this will rise to £1.15bn in 2021.
It was stressed, however, that this is not new money and in fact spending on the RHI will be less than originally forecast, so there remain some questions to be answered as to how the UK’s renewable heat 2020 target will be met.
HPA President, Mike Nankivell commented. “We had already learned that the RHI scheme would be reformed to deliver better value for money and we hope this signals that government may take on board some of the suggestions we, and others with interests in renewable heat technologies, have already made for future improvements to the scheme. We look forward to further constructive discussions between government and the renewable heat industry.”