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Smart Meter install with old PV

Hi
Looking to get. Smart Meter installed as I’ve just got an EV. 

I have an old PV system on an old FIT payment that I send in quarterly meter readings. 

If I change to a smart meter, does this replace the export meter?

thanks

Comments

  • Are you on 50% deemed export payment at present?    Once you have a smart meter you can ask your FIT  payer to apply for an export  MPAN  and then get paid for what you actually export, which is good if you export more than 50% of what you generate.

       There is no requirement at present to move to metered export when you get a smart meter, but that will probably come in time.

    The reading you send in for your FIT payment is from your generation meter, it is not measuring what you export.
  • Qyburn
    Qyburn Posts: 4,145 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper

    I have an old PV system on an old FIT payment that I send in quarterly meter readings. 

    If I change to a smart meter, does this replace the export meter?
    Are you sure you aren't referring to your generation meter, which you read to claim FIT? Generation meter sits between the solar inverter and the house electrics and reads everything the solar produces whether you use it or whether it goes to the grid.

    It was pretty rare to have an export meter in the FIT days.

    A smart meter won't replace the generation meter. 
  • Yeah the generation meter 😂 not the export meter. 

    Thanks


  • Petriix
    Petriix Posts: 2,303 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    In theory, as soon as you have a smart meter, your FIT provider can insist that you switch to metered export payments. In practice they don't tend to do this but it's more likely if they are also your supplier. However, it's currently better* to maximise exports and switch to one of the lucrative SEG export tariffs while importing whatever you need on your cheap overnight EV tariff.

    You can still retain your FIT generation payments and could, in future, switch back to receiving FIT export payments, albeit on actual metered exports; there's no return to 'deemed' export payments unless your smart meter is subsequently removed and replaced with a meter that can't measure exports.

    I'm currently enjoying 15p per kWh exported while paying 7p per kWh for most of my imports with Octopus. 
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