NI RHI scheme debacle.

[jcb360]

Yes we are heading for big fines but the ppl in our assembly are so concerned with trying to take the heat off themselves by trying to shift the blame on to the genuine claimants of the scheme they dont seem to worry about that. After what they have done with RHI i think they will find it very hard to meet their targets because no one here would touch any renewables incentives they come up with with a barge pole.

Agreed there is massive blame shifting going on.....do you know what the targets are and how far off the targets NI currently is?

 

[jcb360]

Yes your right ppl heating empty sheds etc should never have been allowed into the scheme in the first place but thats not the fault of the people who joined with a genuine need for heat, thats down to the setting up of the scheme. Now ppl like myself who used the scheme as it was intended are left with a huge amount of debt and no way of paying it off. Our first minister wrote to all the banks saying the tariff was Grandfathered and even if there were any reviews the tariff wouldnt change for the life of the scheme but they just ripped that letter up it seems. Maybe some one who knows could explain how a rate of return of 12% can be achieved in ROI and GB with yearly payments of 18k to 20K but we are now on 2k per year and we are being told that its a 12% return??
In my case i was on the tiered scheme, the same rate as GB and certainly wasnt making money out of it but a 2k per year tariff isn't sustainable, after wednesdays cuts I get no more payments until june 2020 but in the mean time my bank repayments and servicing are 30k, i dont have that kind of money kicking about and will find it a real struggle.

If you have a genuine need for heat then you are being penalised due to those that exploited the scheme - and that is wrong. The way in which the cuts have been dished out unfairly will affect genuine businesses like yourself. Is there any form of appeal? Especially if the 12% ROI is unachievable........

 

[Digester Man]

Must be some very smart mathematics going on, if 2,000 a year against a 50,000 investment and with annual maintenance of approx 3k a year plus the various other costs associated with running the boiler = 12% ROI.

It’s also highly convenient that State Aid suddenly comes into play - don’t the rest of the UK fall under the same rules? Oh that’s right, they are getting a 12% ROI as well..

 

[GreenerGrass]

Must be some very smart mathematics going on, if 2,000 a year against a 50,000 investment and with annual maintenance of approx 3k a year plus the various other costs associated with running the boiler = 12% ROI.

Govt lost when they did this (retrospective cuts outside of the agreements) to PV in England (&Scot+Wales I think), court over ruled them. Was their own fault if they got their sums wrong. Seemed to me that the case was exactly the same in NI, yet the Govt won in court. Don't really understand it tbh.

 

[johnspeehs]

Govt lost when they did this (retrospective cuts outside of the agreements) to PV in England (&Scot+Wales I think), court over ruled them. Was their own fault if they got their sums wrong. Seemed to me that the case was exactly the same in NI, yet the Govt won in court. Don't really understand it tbh.

I would expect the boiler owners won’t get a victory until it gets to a court outside NI, I would think political interference here will mean we never get a fair hearing.

 

[Matt]

Yes your right ppl heating empty sheds etc should never have been allowed into the scheme in the first place but thats not the fault of the people who joined with a genuine need for heat, thats down to the setting up of the scheme. Now ppl like myself who used the scheme as it was intended are left with a huge amount of debt and no way of paying it off. Our first minister wrote to all the banks saying the tariff was Grandfathered and even if there were any reviews the tariff wouldnt change for the life of the scheme but they just ripped that letter up it seems. Maybe some one who knows could explain how a rate of return of 12% can be achieved in ROI and GB with yearly payments of 18k to 20K but we are now on 2k per year and we are being told that its a 12% return??
In my case i was on the tiered scheme, the same rate as GB and certainly wasnt making money out of it but a 2k per year tariff isn't sustainable, after wednesdays cuts I get no more payments until june 2020 but in the mean time my bank repayments and servicing are 30k, i dont have that kind of money kicking about and will find it a real struggle.

how much did your boiler set up cost if your prepayments and servicing is 30k

 

[johnspeehs]

how much did your boiler set up cost if your prepayments and servicing is 30k

My system cost 120k. Servicing is 2.5k per year.

 

[akaPABLO01]

My system cost 120k. Servicing is 2.5k per year.

That’s extortion, 2.5k. I hope you haven’t paid it?

 

[johnspeehs]

That’s extortion, 2.5k. I hope you haven’t paid it?

Thats for 2 199 kw boilers and we haven't much choice as its part of the audits we are all being subjected, have to be serviced twice a year. My boilers really only need serviced every 2000 hrs but they ripped the rule book up here and wrote their own version.

It must cost those of you on the mainland a lot more than that though as they are telling us we only get 2 k a year here and you can get 20k on the mainland as its much more expensive to buy, run and service your boilers.

 

[akaPABLO01]

Thats for 2 199 kw boilers and we haven't much choice as its part of the audits we are all being subjected, have to be serviced twice a year. My boilers really only need serviced every 2000 hrs but they ripped the rule book up here and wrote their own version.

It must cost those of you on the mainland a lot more than that though as they are telling us we only get 2 k a year here and you can get 20k on the mainland as its much more expensive to buy, run and service your boilers.

I see I thought it was 99kW on your earlier opening post. Still though should be more than 500 and less then 1,000.

As for service cost the cowboys on ETAs service line charge a kings ransom but I do all the farms around here for less then half what they charge. Is it not worth going on the MCS service register and shop around for quotes on servicing biomass boilers if that register is there?

 

[f0ster]

doing a service on an eta is not difficult, it is when they go wrong that sorts out the men from the boys and if you are not registered with eta as having attended training they wont help you.

 

[akaPABLO01]

doing a service on an eta is not difficult, it is when they go wrong that sorts out the men from the boys and if you are not registered with eta as having attended training they wont help you.

Lol. What is it £90 to get on the register and then charge whatever you want? I don’t have trouble talking to them being biomass installer registered, paying insurances and having men qualified biomass installers.

I wonder how that “closed shop” attitude would hold up in court not supplying advice on products they sell? Yup, they soon dropped the draw bridge, scam and a joke.