UW Club rip off?

EricMears

robrac said:

My point is this,
all the way through I have been trying to get an answer to this from UW.
Once I asked why they were paying me this (X divided by 2 times by 4.1p)
when another Company is paying 
X times by 15.0p??

its not complicated.

No,  it's very simple !  You're obviously on a FIT scheme with deemed exports of 50% of production paid at the current rate. UW have no power to alter the rates.

As Petriix has suggested, you could arrange to opt out of the deemed export scheme and join a SEG scheme.

jimjames

robrac said:

its not complicated.

You're absolutely right, it's not complicated. You're being paid what you signed up to when you had the panels installed and agreed to the FIT scheme. You've also omitted to say that you're also being paid 60p per kWh that you generate regardless of whether you use it or not. That makes the 4.1p pale into insignificance.

Martyn1981

robrac said:

My point is this,
all the way through I have been trying to get an answer to this from UW.
Once I asked why they were paying me this (X divided by 2 times by 4.1p)
when another Company is paying 
X times by 15.0p??

its not complicated.

Assuming you mean 4.25p, then like me you must be on one of the two earliest FiT rates, both prior to Aug 2012, after which the export rate was increased a bit. [But the FiT reduced a lot, and was also cut from 25yrs to 20yrs.]

So you signed up to the 50% deemed export element. You can of course leave if you want and opt for a metered export payment.

Not sure it's fair to compare against some current rates, as they are far higher now due to the Ukraine war, but previously were around 5p. And those huge inflationary impacts will be reflected in higher FiT rates (that are also indexed linked (as is the export rate)), so we early 'FiTers' have nothing to complain about.

For myself the deemed 50% is fine. For nearly ten years I used about 33% (so lost a bit), now with BEV's and A2A units, I'm using about 55%, so it'll all come out in the wash.

Have you asked about leaving the deemed export and having a metered export figure used? Do you have any estimates on what %age of generation you use?