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Eon FIT Payment confusion

I've just received my first FIT payment from Eon but it doesn't add up. They paid me £161.78 for 1100kWh, which works out as 14.7p/kWh. My FIT plan states my generation tariff rate is 14.9p/kWh with an export tariff rate of 4.64p/kWh. With that math shouldn't the payment have been £214.94? Has anyone experienced the same?

Comments

  • Allan87 wrote: »
    I've just received my first FIT payment from Eon but it doesn't add up. They paid me £161.78 for 1100kWh, which works out as 14.7p/kWh. My FIT plan states my generation tariff rate is 14.9p/kWh with an export tariff rate of 4.64p/kWh. With that math shouldn't the payment have been £214.94? Has anyone experienced the same?

    I suggest that you wait until you receive your statement - it usually arrives a couple of days after the payment - to see exactly how they have calculated the FIT/Export and then phone them if it doesn't match the generation information you provided them and your FIT plan.
  • Martyn1981
    Martyn1981 Posts: 15,651 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Allan, what GH said, also the export rate is only paid on a deemed 50% of generation. I think the export went up to 4.77p in April.

    Mart.
    Mart. Cardiff. 8.72 kWp PV systems (2.12 SSW 4.6 ESE & 2.0 WNW). 28kWh battery storage. Two A2A units for cleaner heating. Two BEV's for cleaner driving.

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
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