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Smart generation payments
Comments
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sevenhills said:matt_drummer said:But, if they are going to pay only the FIT deemed export rate, you could move to another energy supplier and get paid more per Kwh of export.
I get 23 to 37p for each kWh that my solar array exports.
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[Deleted User] said:What information? Why don’t you transfer your FIT contract to Octopus? AFAIK, they have not said that they will move to smart metered export payments.
I get 23 to 37p for each kWh that my solar array exports.
"You're currently paid for exporting a deemed 50% of everything you generate. If you export more than this, you'll earn more than you do currently. If you export less, you'll earn less."
It states that I will earn less, but I thought 50% was guaranteed?0 -
sevenhills said:[Deleted User] said:What information? Why don’t you transfer your FIT contract to Octopus? AFAIK, they have not said that they will move to smart metered export payments.
I get 23 to 37p for each kWh that my solar array exports.
"You're currently paid for exporting a deemed 50% of everything you generate. If you export more than this, you'll earn more than you do currently. If you export less, you'll earn less."
It states that I will earn less, but I thought 50% was guaranteed?
Unfortunately the 50% export isn't guaranteed - or certainly not in my FIT agreement. It's just a pragmatic workaround to avoid the cost of having a separate export meter. Because smart meters can measure export the need for the workaround goes away and the FIT providers are within their rights (and maybe even required by virtue of their agreement with the Government) to pay you on the basis of your actual exports not an approximation based on your generation. Keep in mind this will make many owners better off as many people export more than 50% of what they generate. Although others with devices that detect export and use anythong spare to heat water or charge batteries will be worse off. But in most cases this is only a small component of what you get paid monthly so unlikely to make a huge difference to your payments.
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sevenhills said:[Deleted User] said:What information? Why don’t you transfer your FIT contract to Octopus? AFAIK, they have not said that they will move to smart metered export payments.
I get 23 to 37p for each kWh that my solar array exports.
"You're currently paid for exporting a deemed 50% of everything you generate. If you export more than this, you'll earn more than you do currently. If you export less, you'll earn less."
It states that I will earn less, but I thought 50% was guaranteed?
It was always envisaged with smart meters that array owners under the FIT scheme would more to measured exports.
Edit: this it what it states in the EDF FIT contract:Clearly, when a smart meter is fitted it is ‘practicable and possible’ to measure exported electricity using meter readings.0 -
I have three adults living in my house at the moment, so not the normal at work during the day, quite the opposite.
So my preference would be 50%, but I may need to accept these new terms.0 -
sevenhills said:...I may need to accept these new terms.Reed0
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Reed_Richards said:sevenhills said:...I may need to accept these new terms.0
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mmmmikey said:Best check your own FIT agreement but mine definitely says something to the effect that you can only get deemed export (i.e. the assumption that 50% of what you generate is exported) if you don't have a way of providing export readings.
If my smart meter was capable of sending solar meter readings, surely that would be happening now, as it does for Scottish power with my domestic energy.0 -
sevenhills said:mmmmikey said:Best check your own FIT agreement but mine definitely says something to the effect that you can only get deemed export (i.e. the assumption that 50% of what you generate is exported) if you don't have a way of providing export readings.
If my smart meter was capable of sending solar meter readings, surely that would be happening now, as it does for Scottish power with my domestic energy.
I know this as I am currently going through the process with Octopus.1 -
sevenhills said:mmmmikey said:Best check your own FIT agreement but mine definitely says something to the effect that you can only get deemed export (i.e. the assumption that 50% of what you generate is exported) if you don't have a way of providing export readings.
If my smart meter was capable of sending solar meter readings, surely that would be happening now, as it does for Scottish power with my domestic energy.
If you look, you should be able to access the exported energy reading on your meter. The supplier cannot see it as yet as it needs a separate MPAN to do so.1
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