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Energy Crisis & Solar FIT rip-off

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Comments

  • Benny2020
    Benny2020 Posts: 525 Forumite
    100 Posts Second Anniversary Name Dropper
    Mine were installed late 2015 and i get 18.4p kwh with export included.

  • Benny2020
    Benny2020 Posts: 525 Forumite
    100 Posts Second Anniversary Name Dropper
    "I installed a 4kW system in 2014… and only get paid for 50% of what I produce and at 14p per kW and I do not believe that has changed in the 8years I have had the panels? I do feel that I have received less in the last couple of years?"

    Can you explain this?
  • Benny2020 said:
    "I installed a 4kW system in 2014… and only get paid for 50% of what I produce and at 14p per kW and I do not believe that has changed in the 8years I have had the panels? I do feel that I have received less in the last couple of years?"

    Can you explain this?
    So when I take a reading and I have generated 100kW I only get paid for 50kW and at 14p per kW…. I am starting to think I have been conned somewhere along the line, as nearly everyone on this thread are receiving a lot more than what I am? I am going to check all my readings and payment statement now. I do not believe I have ever received more than £600.00 in a year for the last 8years, either I missing something or I have been duped? 
  • QrizB
    QrizB Posts: 18,501 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 26 April 2022 at 9:27PM
    Dweareit said:
    Benny2020 said:
    "I installed a 4kW system in 2014… and only get paid for 50% of what I produce and at 14p per kW and I do not believe that has changed in the 8years I have had the panels? I do feel that I have received less in the last couple of years?"
    Can you explain this?
    So when I take a reading and I have generated 100kW I only get paid for 50kW and at 14p per kW…. I am starting to think I have been conned somewhere along the line, as nearly everyone on this thread are receiving a lot more than what I am?
    Can you check your recent FIT statements? you should receive them quarterly from your FIT supplier.
    The statements should include two elements:
    • A generation payment in the high teens of pence for every single kWh you've generated in the period (exactly how much will depend on the date your system was commissioned), plus
    • An export payment of around five pence per kWh for *half* of the kWh you've generated in the period.
    If you want, post a photo of a recent statement here (remove any personal information like your name, address and account number) and we'll offer our opinions.
    Mine looks like this (my FIT rates are different to yours due to the age of my system but you can see the two different elements):
    Screenshot-56
    Dweareit said:
    I do not believe I have ever received more than £600.00 in a year for the last 8years, either I missing something or I have been duped? 
    A 4kWp system should be generating around 4000kWh/yr, unless you're in Scotland when it might be 10-15% less. If you are on the same 18.4p/kWh rate as @Benny2020 (and, with his system being newer than yours, you should be on the same or better) you'll be earning £736 this year.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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