Solar energy - Feed-in Tariff payment delays - your experiences?

Doc_N

Most people who've installed solar panels in the last 18 months or so will be claiming Feed-in tariff payments from electricity suppliers.

Some suppliers are paying fairly quickly after the claim goes in - but some aren't. E.on, for example, used to pay within a few days but are now delaying payments for up to a month.

Great for companies' cashflow - but not for the individuals claiming.

Experiences with various companies shared here would be useful in helping people to decide which company to go with - and whether to switch away from companies that delay payments due.

energysavingexp

npower meter reading need to be in by the 25th and i got my payment on the 5th the next month

keith_r59

Yes, E.on's new T&Cs do say "payment within 30 days" but in my experience they are a lot quicker than that so no complaints from me so far.

Doc_N

keith_r59 wrote: »

Yes, E.on's new T&Cs do say "payment within 30 days" but in my experience they are a lot quicker than that so no complaints from me so far.

That used to be my experience with e.on - my first payment was made within a week.

My recent payment, however, took almost a month.

tiggerpud

British Gas said "within 28 days" but took nearer 40!

keith_r59

Doc_N wrote: »

That used to be my experience with e.on - my first payment was made within a week.

My recent payment, however, took almost a month.

I'm due to send in my meter reading in a couple of weeks time and as long as the money hits my bank account within the stated 30 days then I will be more than happy.

furndire

Atlantic Gas & Electric are quoting 65 days!!!!!

albyota

Centrica Via British Gas payment by cheque on Sept 19th exactly one month after sending them my meter reading 1290 units = £578....happy.

Doc_N

Just out of curiosity, why are people apparently 'happy' at a delay of a month in paying them the money due to them? Particularly when it's several hundred pounds that could be in your account, rather than the power company's. :think:

raider

EDF. My first reading took 43 days until payment. Second reading is currently being processed, 27 days and counting......

keith_r59

Doc_N wrote: »

Just out of curiosity, why are people apparently 'happy' at a delay of a month in paying them the money due to them? Particularly when it's several hundred pounds that could be in your account, rather than the power company's. :think:

As I'm being paid well over the market rate for generating electricity I really don't mind waiting up to 30 days each quarter to receive my payment. It's just not that big a deal to me.