British gas feed in tariff

ali666_2

A year ago i rented a new build flat which has solar panels, the agent said that it will reduce my electricity bills

For the past few months I've noticed that my bills are coming at about 200.00 per quarter. Which is roughly the same that I was paying in my old property.

I checked the electricity meter coz i thought something wasn't right and the meter flashes up the word RED which means that am sending more electricity back to the grid than am using.

I sent an enquiry to british gas and they said that am on a feed in tariff. I always thought i was on a standard tariff

Could anyone explain this to me coz its quite confusing

Wail

I am no expert here but I thought you had to have two meters if you had FIT because the energy you generate is separate to the energy you receive off the Grid.

FIT or Feed in Tariff is where you generate energy to the grid but this is separate to the energy you receive from the NAtional Grid

victor2

A Feed in Tariff is what the supplier pays you (or the panel owner) for the spare electricity the panels generate. It is not the tariff you are on for the electricity you use from the grid.
If you are on the standard tariff, there will almost certainly be a cheaper option, probably even from British Gas.

Wywth

ali666 wrote: »

A year ago i rented a new build flat which has solar panels, the agent said that it will reduce my electricity bills

For the past few months I've noticed that my bills are coming at about 200.00 per quarter. Which is roughly the same that I was paying in my old property.

I checked the electricity meter coz i thought something wasn't right and the meter flashes up the word RED which means that am sending more electricity back to the grid than am using.

I sent an enquiry to british gas and they said that am on a feed in tariff. I always thought i was on a standard tariff

Could anyone explain this to me coz its quite confusing

The feed in tariff relates to the energy you are selling back to the grid.

But why are you on standard (expensive) tariff for what you take from the grid? :huh:
Do yourself a favour and get yourself on a cheaper tariff:
http://www.moneysavingexpert.com/utilities/you-switch-gas-electricity

Ecodave

The Feed in Tariff is paid on the total amount generated, not just on the amounts exported, and is paid on the amounts shown on a generation meter which will be installed at the property. The exported amount (which is deemed rather than metered), attracts an extra payment.

The meter that shows how much the solar panels have generated is totally separate from the electricity supply meter.

So you will be on a feed-in-tariff for the amounts generated by the solar panels, and the Standard tariff (sort it out!) for the electricity consumed.

rogerblack

To clarify.
It sounds like the OP is in a rented flat - with importantly the landlord collecting the FIT payments.
The OP will benefit from the reduced bills in the daytime when it's sunny, as the solar panels provide some, or all of their power.
They do not, and will not ever get any money from the solar panels feeding electricity back to the grid, or a payment for the generation.

Their only concern should be to switch to the appropriate tariff for their usage.
Economy 7 in some cases may be more appropriate than usual for people with solar panels - because they will have particularly low (or zero) use during the day.
However - if the OP is out most days, this is probably not the case.

solarpvman

the whole thing will be largely irrelvant to you , don't worry about it. On a sunny day when the sun is shining and you are at home using electricity then it might help you save a little energy.

The feed-in tariff is nothing to do with you it relates to the owner of the house. Ignore it.

MeterMan

When giving a reading for your own electric usage, make sure to give the correct reading.

The correct reading is the reading which is before the meter flashes RED. RED stands for reverse energy direction. Dont worry to much about it, like everyone says.

Only use your tumble dryer on the sunny warm days!