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New FIT rates from April

Not seen any posts on this but as the RPI figures have been released for December the new FIT rates can be worked out.

Looks like it should be an increase of 1.6% as that was RPI - fortunately not the much lower CPI figure! So the main rate for original installations should be 48.8p per kWh as of April.

http://uk-solarpanels.blogspot.co.uk/2015/02/fit-rates-april-2015.html
Remember the saying: if it looks too good to be true it almost certainly is.
«1

Comments

  • The difference is tiny, but what triggers the higher rate? It is on all meter reading submitted after 1 April, i.e. is pre-April generation paid at the higher rate if the trigger date for payment is April?
    I have osteoarthritis in my hands so I speak my messages into a microphone using Dragon. Some people make "typos" but I often make "speakos".
  • EricMears
    EricMears Posts: 3,326 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The difference is tiny, but what triggers the higher rate? It is on all meter reading submitted after 1 April, i.e. is pre-April generation paid at the higher rate if the trigger date for payment is April?

    The paying organisation will have a wild guess at what your generation might have been on 1st April unless you make a point of reading on that day & telling them
    NE Derbyshire.4kWp S Facing 17.5deg slope (dormer roof).24kWh of Pylontech batteries with Lux controller BEV : Hyundai Ioniq5
  • legoman62
    legoman62 Posts: 5,105 Forumite
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    EricMears wrote: »
    The paying organisation will have a wild guess at what your generation might have been on 1st April unless you make a point of reading on that day & telling them

    Agreed, but somehow they always seem to do it in their favour.:naughty::naughty:

    Not a lot of money, I just send 2 readings, 1 before and 1 after Apr 1st:cool:
    16 Sanyo Hit 250s.4kWp SMA 3.8kWp inverter. SW roof. 28° pitch. Minimal shade. Nov 2011 install. Hybrid car. Ripple Kirk Hill. N.E Lincs Coast.
  • EricMears
    EricMears Posts: 3,326 Forumite
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    legoman62 wrote: »
    Agreed, but somehow they always seem to do it in their favour.:naughty::naughty:

    Not a lot of money, I just send 2 readings, 1 before and 1 after Apr 1st:cool:



    I'm not sure that their errors would be either good or bad for them. Surely they just claim whatever they've sent you from a central fund ?


    I too have been taking & reporting an extra reading after sunset on 31st March although after last year's one Scottish Power asked me to change my quarterly reading date to 3 months after that (which I'd actually suggested & they ignored for the previous year !). But they would be shaping up to introducing another error in that when paying one period they keep asking me to claim again in a little bit less than 3 months time. I of course ignore that and keep reporting on evening of the last day of month.
    NE Derbyshire.4kWp S Facing 17.5deg slope (dormer roof).24kWh of Pylontech batteries with Lux controller BEV : Hyundai Ioniq5
  • zeupater
    zeupater Posts: 5,398 Forumite
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    jimjames wrote: »
    Not seen any posts on this but as the RPI figures have been released for December the new FIT rates can be worked out.

    Looks like it should be an increase of 1.6% as that was RPI - fortunately not the much lower CPI figure! So the main rate for original installations should be 48.8p per kWh as of April.

    http://uk-solarpanels.blogspot.co.uk/2015/02/fit-rates-april-2015.html
    Hi

    Official table went up on the Ofgem site a few days ago ....
    https://www.ofgem.gov.uk/ofgem-publications/92754/fitpvtarifftablefor1april2015.pdf

    HTH
    Z
    "We are what we repeatedly do, excellence then is not an act, but a habit. " ...... Aristotle
    B)
  • zeupater
    zeupater Posts: 5,398 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    EricMears wrote: »
    .... But they would be shaping up to introducing another error in that when paying one period they keep asking me to claim again in a little bit less than 3 months time. I of course ignore that and keep reporting on evening of the last day of month.
    Hi

    Same with SP here, I just keep submitting after sunset on the last day of every calendar quarter and they keep giving me a new submission date with every payment .... dumb computers programmed by dumb people ...

    HTH
    Z
    "We are what we repeatedly do, excellence then is not an act, but a habit. " ...... Aristotle
    B)
  • legoman62 wrote: »
    Agreed, but somehow they always seem to do it in their favour.:naughty::naughty:

    Not a lot of money, I just send 2 readings, 1 before and 1 after Apr 1st:cool:
    There's certainly no intend to favour themselves. At least 2 of them just use a simplistic calculation based on number of days before/after Apr 1st with the assumption that generation on each of those days is equal. Clearly the reality is more power is "likely" generated on days after Apr 1st but it by no means definite and given the bill payer foots the bill for FIT it would be wrong to make that assumption. As said you're talking pence but just submit a reading with a read date of March 31st. I'd advice not submitting a read before that date as it's likely they'll ignore the March 31st one due to mainly only paying out once per qtr.
  • legoman62
    legoman62 Posts: 5,105 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    EricMears wrote: »
    I'm not sure that their errors would be either good or bad for them. Surely they just claim whatever they've sent you from a central fund ?
    .

    True.

    Last year I know 2 people that had SP fitted and sent FIT applications off as required with start up readings.

    Both received confirmation weeks later, asking them to telephone in with the Gen meter read on that day.

    This was then classed as the opening read.

    Both the people had produced over 150kWh that was "lost" to them:eek:

    When I had my SP installed, I informed my power supplier, gave them a reading of 3kWh??

    This was accepted and I was paid accordingly:T
    kevin6666 wrote: »
    There's certainly no intend to favour themselves. At least 2 of them just use a simplistic calculation based on number of days before/after Apr 1st with the assumption that generation on each of those days is equal. Clearly the reality is more power is "likely" generated on days after Apr 1st but it by no means definite and given the bill payer foots the bill for FIT it would be wrong to make that assumption. As said you're talking pence but just submit a reading with a read date of March 31st. I'd advice not submitting a read before that date as it's likely they'll ignore the March 31st one due to mainly only paying out once per qtr.

    I just send both readings at the same time, on the 14th of the appropriate month:D
    16 Sanyo Hit 250s.4kWp SMA 3.8kWp inverter. SW roof. 28° pitch. Minimal shade. Nov 2011 install. Hybrid car. Ripple Kirk Hill. N.E Lincs Coast.
  • legoman62 wrote: »
    True.

    Last year I know 2 people that had SP fitted and sent FIT applications off as required with start up readings.

    Both received confirmation weeks later, asking them to telephone in with the Gen meter read on that day.

    This was then classed as the opening read.

    Both the people had produced over 150kWh that was "lost" to them:eek:
    Ofgem updated/clarified their guidance so what SP did is correct.
  • legoman62
    legoman62 Posts: 5,105 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 6 February 2015 at 5:42PM
    kevin6666 wrote: »
    Ofgem updated/clarified their guidance so what SP did is correct.

    Yeah, rang up for one of the people involved..didn't make them feel any better tho.:)
    16 Sanyo Hit 250s.4kWp SMA 3.8kWp inverter. SW roof. 28° pitch. Minimal shade. Nov 2011 install. Hybrid car. Ripple Kirk Hill. N.E Lincs Coast.
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