News - Yorkshire Heat Pumps

Yorkshire Heat Pumps will be at the Harrogate Homebuilding and Renovating Show from 4th - 6th November. Come and visit us on Stand C255 to talk about your renewable energy heating project and find out what we could do for you.

With RHI scheme changes due to be announced in the spring we know there are changes afoot which will impact on the amount anyone can receive in RHI payments, so we'd advise anyone considering a move to renewable energy heating to act now to avoid missing out.

Amid all the uncertainty caused by the referendum result, the change of leadership and governmental department changes, there are two really good reasons for considering a switch to renewables right now.

Looks like there's good news on the VAT front with a Labour-backed amendment to the Finance Bill, which could safeguard the special 5% VAT rate on renewable energy heating systems.

Sadly the game will soon be over for Special Rate VAT on domestic renewable energy heating installations, but there may yet be some exceptions, which could make at least some people happy.

There are winners and losers, but probably no surprises as DECC make announcements this week about RHI tariff changes coming into effect on January 1st 2016.

With government spending on the Renewable Heat Incentive only committed until April 2016, and its future plans for RHI or alternative green incentives uncertain, the time to act is now.

This is the first in a series of updates we will post in response to questions asked by our customers or prospects visiting our showroom.

The attractive 5% VAT rate on domestic renewable energy heating installations could be under threat thanks to the pronouncement from The European Court of Justice that this reduced rate VAT is illegal.

Friday 29th June saw DECC announce further tariff degressions for both domestic and non-domestic small biomass under their respective Renewable Heat Incentive schemes. Does this latest drop sound the death knell for biomass?