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Amendment to the Domestic Renewable Heat Incentive Scheme Regulations 2014, introducing: (1) investor registration framework allowing third parties (RIs/NRIs) to receive RHI payments via assignment; (2) additional metering requirements for heat pumps installed after the third relevant date; (3) new ongoing obligations for registered investors; (4) updates to technical meter standards and definitional references.
The 2018 amendment substantially expands regulatory intervention by introducing a third-party investor payment structure (Parts 22A-22F, 7A) that was absent from the original scheme. This creates new compliance burdens—investor registration requirements, ongoing obligations, annual declarations, notification duties—that increase costs for participants without corresponding benefit. The assignment mechanism introduces unnecessary intermediary complexity into what should be a direct incentive for homeowners to install renewable heating. The additional metering requirements for post-amendment heat pumps add installation costs. This amendment, passed without full democratic scrutiny of a new policy framework, represents the kind of regulatory expansion that suppresses economic dynamism and should be reconsidered.