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feed in tariff rate
Comments
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No, it raises in line with inflation. Every April if I recall correctly.PPI success. Banding success. Double Dip PCN cancelled! South facing solar (Midlands) and battery. Savings Session supporter (is it worth it now!?)0
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It will rise by the inflation rate to be announced on Jan 17th.
To be fair we have done pretty well the last couple of years, 13.4% last year and 7.5% the year before.
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Garyrich said:Does anybody know if the feed in tariff is going to rise in line with the current electricity tariff?Krakkkers has posted the correct answer above.It's worth noting that electricity is currently cheaper than it was this time last year, so "rising in line with the current tariff" would be a FIT reduction rather than an increase!
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.1 -
And for even more clarity it's the RPI rate that is used not the headline CPI that will be revealed on the news.Krakkkers said:It will rise by the inflation rate to be announced on Jan 17th.
To be fair we have done pretty well the last couple of years, 13.4% last year and 7.5% the year before.Remember the saying: if it looks too good to be true it almost certainly is.3 -
Ofgem tend to update their FiT rate table at the end of January.
Feed-in Tariffs (FIT) - Payments and tariffs | Ofgem
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