Archibald confirms formal closure of Non-Domestic RHI Scheme
Date published:
Economy Minister Dr Caoimhe Archibald has confirmed the Executive has agreed a pathway to deliver on the closure of the Non-Domestic RHI Scheme.
Speaking in the Assembly today, Minister Archibald updated members on the next steps in relation to the closure of the scheme.
The Minister said: “I am pleased to confirm that the Executive has now agreed a pathway to deliver the closure of the RHI Scheme. A tariff up-lift has also been agreed for this coming winter to support Scheme participants as work to implement closure is progressed.
“Today marks a significant step forward for participants who joined the scheme in good faith and sets out a clear path to fulfilling the New Decade, New Approach commitment to close the RHI scheme. In providing this pathway toward closure, I must strike a fair and responsible balance — recognising the genuine expectations of those participants who entered the scheme in good faith, while safeguarding the interests of the taxpayer.”
Highlighting the next steps, the Minister added: “My Department will now: prepare and take forward the introduction of the RHI (Closure of the Non-Domestic Scheme) Bill; publish a public consultation on the preferred closure arrangements and payment mechanism; and following this consultation; introduce the regulations to the Assembly.”
Notes to editors:
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