Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Renewable Energy Payments (NIROCs)
waltsalt
Posts: 271 Forumite
in N. Ireland
Hello all,
I've been round the internet and back and most of the information I can find on payments for using renewable energy seems to pertain to installations in England and Wales.
I have found this information from Power NI which explains the situation in Northern Ireland - http://www.powerni.co.uk/saving-energy/renewable-energy/powerni-generation-tariff/.
But I don't really understand it all.
Can anybody help simplify it for me?
I'd like to install a Solar PV system in a new build.
I've been round the internet and back and most of the information I can find on payments for using renewable energy seems to pertain to installations in England and Wales.
I have found this information from Power NI which explains the situation in Northern Ireland - http://www.powerni.co.uk/saving-energy/renewable-energy/powerni-generation-tariff/.
But I don't really understand it all.
Can anybody help simplify it for me?
I'd like to install a Solar PV system in a new build.
0
Comments
-
If you install Solar PV you will be paid 17.22p/kWh for every unit you produce, even the ones you use yourself, this is paid once a year.
You will also be paid 6.39p/kWh for every unit you sell back to the grid i.e. the units you produce but do not use yourself. This is also paid once per year0 -
If you install Solar PV you will be paid 17.22p/kWh for every unit you produce, even the ones you use yourself, this is paid once a year.
You will also be paid 6.39p/kWh for every unit you sell back to the grid i.e. the units you produce but do not use yourself. This is also paid once per year
Ah, good stuff. That's a bit easier to read/understand!
What does the bit about branding level mean? For Solar Photovoltaic it says 4 ROCs.
Do you have any experience with renewable energy CL? Is Solar Photovoltaic the way to go or is Solar Thermal better? Or a mix of both?0 -
I am not sure about Solar, I generate wind energy so that is how I know about the ROC's, i'm not to sure about branding, they cahnge it all the time for new generators and different forms of grants/incentives
Basically ROCs are renewable obligation certificates and they sell on a market for energy providers, the type of generation you have determines how many ROCs you earn0 -
So do the ROCs only really concern the energy provider?
I take it it's the amount of ROCs a certain renewable energy is eligble for is what sets the price the energy provider is prepared to pay for your energy?
Do I just need to concern myself with the amount they pay for the generation/export and just not worry about the ROCs?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards