- Publication date
- 27th June 2018
- Information types
- Policy areas
Assignment of Rights allows an investor to help fund the purchase or installation of a renewable heating system and in return receive the rights to a participant’s RHI payments.
Assignment of Rights came into effect under the Domestic RHI on 27 June (the Non-Domestic RHI is unaffected by this change). It’s intended that Assignment of Rights will replace third party financing models currently in use (this is where individuals and third parties have an agreement outside of the Domestic RHI to transfer the RHI payments to the third party).
Therefore, in the case of any renewable heating systems for which RHI applications are made on or after 27 June and for which the funding for purchase and/or installation is provided by a third party, the Assignment of Rights model will have to be used, and the third party will receive RHI payments directly from Ofgem. Heating systems accredited or for which applications were submitted before 27 June are unaffected by this change. To find out more about Assignment of Rights, see our Essential Guide to Assignment of Rights and the Factsheet: Introduction to Assignment of Rights. To register, investors will need to read the Essential Guide (below), complete an Investor Application Form and send to Investors.DomesticRHI@ofgem.gov.uk.