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Worked Example's for the RHI for commercial
installations.
Example 1:
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A 80KW Boiler operating 2314 hours annually will claim for the
first 1314 hours of operation (capex) (capital expenditure)
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80KW x 1314 hours x .076 pence = £7989.12 pa (first tier)
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All other hours @ .019p / KW
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80KW x 1000 hours x .019 pence = £1520.00 pa (second tier)
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Total income tax free PA £9509.12
PA
Example 2:
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A 50KW Boiler operating 2314 hours annually will claim for the
first 1314 hours of operation (capex) (capital expenditure)
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50KW x 1314 hours x .076 pence = £4993.20 pa (first tier)
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All other hours @ .019p / KW
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50KW x 1000 hours x .019 pence = £950.00 pa (second tier)
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Total income tax free PA £5943.20
PA
The above figures are for illustration purposes only.
Actual figures will depend on individual circumstances.
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