Key terms explained for the Domestic Renewable Heat Incentive

These key terms have been designed as a reference tool when you need more detail on a specific topic.

You can also download this as a pdf: Domestic RHI reference document

Nominated Registered Investor

When an applicant intends to enter into an assignment of rights agreement with a Registered Investor, as long as an applicant meets all other scheme eligibility criteria, they can assign their RHI payments to one of the Registered Investors. This means that participants will not receive any RHI payments. Please note that only RHI payments can be assigned; participants cannot assign their Metering and Monitoring Service Package (MMSP) payments.

During the application process, the applicant has the option to assign their RHI payments to a Registered Investor. At the point of accreditation the investor becomes the “Nominated Registered Investor”. Following accreditation of the plant RHI payments will be made directly to the Nominated Registered Investor.

Nominated Registered Investors have ongoing obligations to fulfil in order to continue to keep their registered status, as well as remain a Nominated Registered Investor under the Domestic RHI Scheme.

*Model agreement will be available on RECC and HIES’s website at a later date