FIT rate increase in 2023

Chris_Type_R

Oct 2022 is sitting at 14.2% for 12 months. Holistically, hopefully this is the peak. 

Chris_Type_R

14% for Nov 2022 - it's looking like high 13s for Dec 2022.

frugalfran

We've just submitted our figures to eon next for March 23 to June 23. There was nowhere in the website to log 01 April figures when the tariff changed. They estimated the figures, but April was not a good month and May has been brilliant. There is a discrepancy of 200kWh between their figures and our readings on 01 April, so info they have underpaid us. Anyone else had this? I've emailed and await reply.....

legoman62

frugalfran said:

We've just submitted our figures to eon next for March 23 to June 23. There was nowhere in the website to log 01 April figures when the tariff changed. They estimated the figures, but April was not a good month and May has been brilliant. There is a discrepancy of 200kWh between their figures and our readings on 01 April, so info they have underpaid us. Anyone else had this? I've emailed and await reply.....

You used to be able to put the readings in on April 1st but that option is not there anymore.
Put my reading in to E.ON today, checked it, and they have underestimated mine by 138kWh...

Krakkkers

First of all there should be no estimates as you give the generation meter reading.
If you mean the change over from old to new payment figures then a poor April makes no difference as it falls entirely within the higher payment month?

legoman62

No, E.ON have over estimated my March to April by 138kWh and underestimated April and May (higher Fits rate) by the same amount.

Krakkkers

It could be worse, my generation meter became faulty last month and kept jumping backwards, i lost about 250 kwh.

frugalfran

The period is from 01 March to 01 June, so all of March falls within the lower fit payment. By overestimating the March generation, the payment is lower.

QrizB

All you can do is contact your DIT provider and challenge those estimates.

I suspect the sums involved will turn out to be relatively small, so you might not want to spend too long on this.

EricMears

In the early years of the scheme,  I just emailed Scottish power with the actual reading for 31st March and referred them to that when they used a different 'estimate'.  After a couple of years of that,  they realigned payment dates to 1st  of April, July, Oct & Jan.