We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Need help with FIT tariff calculation
Hello, I've had my first FIT payment and it doesn't look right to me.
Installation is 3.9KW and installed on 20/2/14, so I'm expecting 14.9p FIT and 4.64p export at 50%.
Those figure were confirmed by 4 salespeople/surveyors so I think they are right.
Generation has been 1037.53 over 3 months (yippee).
I was expecting about £180.
Today I received £334.47
I'm sure some of you are expert at this.
Am I missing something or does this figure look wrong?
I'm with EON. Do they send any statements or calculations or just put money in the bank?
Installation is 3.9KW and installed on 20/2/14, so I'm expecting 14.9p FIT and 4.64p export at 50%.
Those figure were confirmed by 4 salespeople/surveyors so I think they are right.
Generation has been 1037.53 over 3 months (yippee).
I was expecting about £180.
Today I received £334.47
I'm sure some of you are expert at this.
Am I missing something or does this figure look wrong?
I'm with EON. Do they send any statements or calculations or just put money in the bank?
0
Comments
-
Hi lisyloo
Once the money's been paid into your bank we'll send a statement to show how we've worked it all out.
To be honest, I'm not sure about all the possible combinations with FIT schemes. I've just had a chat with our FIT team and they've told me the calculations are based on when we received the application and the start meter reading.
For more specific information, I'd give our FIT team a call. They'll be happy to talk you through our calculation.
Sorry this is vague lisyloo but hope it points you in the right direction.
Malc“Official Company Representative
I am an official company representative of E.ON. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards