Non Domestic Renewable Heat Incentive (ndRHI)
You receive a guaranteed 20 year, index linked payment.
The payment is based on the size of the boiler multiplied by the run time of the boiler which is metered, multiplied by the ndRHI rate.
Boiler Size 72kW
Current ndRHI Rate 6.8p per kW hour
Run Time 1,314 hours
Annual RHI Payment = £6,790
Plus your expected fuel savings of 40%.
Two Tier Payment
A boiler will typically run at peak load for 15% of the year – this equates to 1,3,14 hours.
In order to avoid fraudulent claiming by letting a boiler run 24/7 Ofgem put in place a cap.
The ndRHI will pay a higher rate of 6.8p per kW hour for up to 1,3,14 hours and thereafter a rate of 1.8p per kW hour. With pellet typically costing 4.2p per kW this stops fraudulent profiteering.