Solar PV Feed In Tariffs - Good or Bad?

jamesingram

grahamc2003 wrote: »

That's a bit of a biased view - where does it come from? Of course there's no legislation saying the suppliers must recover the fits from their customers. But the regulator has said they can pass all costs onto customers.

Graham , yes perfectly fair , but Hjack was for some reason dividing his total figure
(CH's (not FITs budget as we both know)) by no. of houses ?

You know that's a biased view as well as I do.

don0301

according to:

http://www.parliament.uk/briefing-papers/SN05870.pdf para 4

the total cost of Renewables Obligation is £9.773bn for period 2011-12 to 2014-2015

so for period of present Government

the total cost of Feed in Tariffs is £867m over the same period.

jamesingram

don , check my eidted post 165 , FITs budget til 2014 now £1064m.
things move fast , that link already out of date !
anyway it's small change to those gravy train / buffet eating boys in whitehall.

jamesingram

Oh , just before I go
Cardew ,
yes your right , large solar farms will definately give better value for money in terms of
kW installed /£ , I wonder if the competion mantra of the last few decades made them go for the mirco level , bottom up model , rather than the large installs , few players cartel thing ?

I do think the long term benefits of lowering demand and on site mircogeneration need longer to show thier potentials before we compare these budgets and generation types/models against one another.
cheers jim

mysterons

Yes extra money was transferred from the ROC's to FIT's so was already part of the renewables budget anyway.
Moving of deckchairs exercise to give the impression they are working hard tackling the deficit.

Cardew

jamesingram wrote: »

From elsewhere
"The electricity suppliers make the FiTs payments to the homeowners. They take this money from their working capital and settle any cross-funding amongst themselves via the FiTs levelisation process administered by OFGEM. There is nothing in the FiTs legislation that requires them to recover these costs from their electricity customers - via a specific levy or anything else. They could just as easily make a lower profit and the money would effectively come from lower dividends they pay to their shareholders. DECC's stance on this is that they 'let the market decide'. There is a small amount of money DECC put into the levelisation 'slush-fund' to compensate the electricity suppliers for their admin costs (and they obviously fund OFGEM's costs to an extent as well). "

The electricity supplier will clearly be looking to recover this cost some how but how it will do this is up to them . A specific increase in only domestic bill to do this as far as I'm aware has not been mentioned.
Therefore I believe it's just only negative speculation

Not sure of the point being made in the quote.

FIT can be paid by a company to someone who is not their electricity customer.

Some small companies are exempt from paying any FIT even though they have electricity customers receiving FIT from another company.

If over a period of time people find that, say, E.ON administer the payment of FIT in the most efficient manner, hypothetically they could pay ALL the FIT for UK and only have 10% of the UK's electricity customers.

don0301

jamesingram wrote: »

don , check my eidted post 165 , FITs budget til 2014 now £1064m.
things move fast , that link already out of date !
anyway it's small change to those gravy train / buffet eating boys in whitehall.

til 2014-15? if so

£11.80 per household per year then,

£15.73 if 2011-12 to 2013-2014

£1064m

22539000 households

Av. household annual energy bill £1175 or so?

rogerblack

don0301 wrote: »

til 2014-15? if so

£11.80 per household per year then,

Someone will presumably think of pointing out that domestic use is only a fraction of total use - which is true.
But then of course, companies charged more for their electricity get that back in part by raising prices, and councils by raising council taxes/...

jamesingram

rogerblack wrote: »

Someone will presumably think of pointing out that domestic use is only a fraction of total use - which is true.
But then of course, companies charged more for their electricity get that back in part by raising prices, and councils by raising council taxes/...

My point , so hjack's estimate of £350 on electric bills per household for FITs installs is a nonsense .

jamesingram

Cardew wrote: »

Not sure of the point being made in the quote.

FIT can be paid by a company to someone who is not their electricity customer.

Some small companies are exempt from paying any FIT even though they have electricity customers receiving FIT from another company.

If over a period of time people find that, say, E.ON administer the payment of FIT in the most efficient manner, hypothetically they could pay ALL the FIT for UK and only have 10% of the UK's electricity customers.

Yes, hypothetically , but "They take this money from their working capital and settle any cross-funding amongst themselves via the FiTs levelisation process administered by OFGEM. "
covers your point doesn't it ?