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Solar panel fit payments

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Comments

  • I think para 10 explains why your repayments were reduced, and the settlement takes into account the loss of FITs. However, I am no solicitor and you need independent advice. As I said before, I would start with Citizens Advice as they must have filing cabinets full of paperwork on the subject.
  • Will call ofgem tomorrow to see who owns my fit payments 

    Thanks everybody for your advice 
  • Chino
    Chino Posts: 2,031 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Will call ofgem tomorrow to see who owns my fit payments 
    The following document advises you what you need to do to discover who owns your FIT licence:
    https://www.ofgem.gov.uk/system/files/docs/2018/10/third_party_ownership_under_the_fit_scheme.pdf
  • tim_p
    tim_p Posts: 906 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    I was away somebody else was claiming the fit helms I thought but was missold this as it did not reduce my Bill's 
    But your bills would have been reduced, albeit not by the amount you were expecting / were told. The very fact is that the panels were on the roof and generating upwards of 20kWh on a mid-summer day.  Obviously you’d struggle to use all of this but had you been aware then you’d maximise the usage by doing household chores when the sun was shining (hoovering, tumble drying, washing, disk washing etc)
    Actively doing none of these things would still result in many hours of base load being covered by the panels. 

    ( it seems impossible to quote and remove the images, new text just gets added to the original quote, I tried twice, so apologies for including the images)
  • Upwind
    Upwind Posts: 186 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Rather than open another thread, I wondered if anyone had seen an increase in their FITs payment recently.  I haven't, but I would have thought with the current increase in energy costs, that FITs payments would have increased to match the respective energy increases.  Is it something that Martin and his team could perhaps be investigating....?
  • chris_n
    chris_n Posts: 640 Forumite
    Part of the Furniture 500 Posts Name Dropper
    FIT payments are tied to RPI not energy prices. They went up by 7.5% on 1sr April.
    Living the dream in the Austrian Alps.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 23 June 2022 at 2:50PM
    Upwind said:
    Rather than open another thread, I wondered if anyone had seen an increase in their FITs payment recently.  I haven't, but I would have thought with the current increase in energy costs, that FITs payments would have increased to match the respective energy increases.  Is it something that Martin and his team could perhaps be investigating....?
    You signed a FIT contract which includes an increase based on RPI. There is nothing to investigate.

    https://www.ofgem.gov.uk/publications/feed-tariff-fit-tariff-table-1-april-2022
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