FAQs
How is ‘owner’ defined?
Chapter 2 of the government's RHI announcement says
Owner
The word ‘owner’ has its standard meaning, so the owner of an installation will be the person with exclusive rights and liabilities in respect of that installation. The owner will therefore usually be the person who purchased and paid for the installation of the equipment.
However, where a hire purchase agreement, conditional sale agreement or other similar arrangement has been entered into to cover the cost of purchasing and installation, the legislation provides that the individual in possession of the plant under that agreement is the ‘owner’ and the payment would therefore be made to the recipient of the loan, despite the fact that the terms of the loan agreement may provide that they are not legal owner.
There may be situations where the owner is not the person operating the equipment. In such cases, where the owner retained all rights and liabilities, including maintenance of equipment, the RHI payments would be paid to that owner.
