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smart export payments
By generating electricity, you’re making Britain greener. That’s because all the electricity you don’t use at home feeds into the national grid, contributing to the total amount of renewable power.
You’re paid a set rate for this power through your Feed-in Tariff contract, based on an estimate that you export 50% of what you generate.
Now, thanks to smart meters that can send us accurate meter readings, we can pay you for the actual amount of electricity you export – not just an estimate. This is called smart export, and it means you could earn more from your electricity, depending on how much you feed into the grid. just recieved off my fit provider good energy
Comments
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@markdeakin Welcome to the forum.
You will find the forum members lurking on here and in energy sections to be fairly switched on and are a few years ahead of the general population!
There is no one size fits all.
You could be on FiT and consume 100% of your generation (if you strategise and have a battery) and still earn 50% export or can do as you say and come off the the FiT export if the math adds up. Octopus flux tariff is going to make this a bit more interesting.
“Don't raise your voice, improve your argument." - Desmond Tutu
Solar - 9.2 KWp + Enphase IQ7+ and IQ8AC (Feb 22 & Sep 24) + Givenergy AC Coupled inverter + 2 * 8.2KWh Battery (May 2022) + Mitsubishi 7.1 KW and 2* Daikin 2.5 KW A2A Heat Pump
Vaillant Arotherm + 10KW A2W Heat Pump + Open energy monitoring0
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