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FIT feed in tariff increase for 2026
Comments
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Thanks for the information on rates.
I have to say that there are no complainst here on the returns from a 2013 investment of 6.1K. No problems with your point, opportunity cost, alternative investments etc. but as the money came from my emergency liquid funds I wasn't denying myself any discernable yield (!) so only a small risk.QrizB said:For example the total return on the FTSE250 since my PV was installed in 2012 is ~200%, just under 6% equivalent pa. The ~£8k we spent on our PV would now be worth ~£24k as a conventional investment. Meanwhile I'm carrying the risk of inverter failure, panel failure and so on.
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The response has now been published. Spoiler alert - it's moving to CPI
https://www.gov.uk/government/consultations/feed-in-tariffs-fit-scheme-indexation-changes
Remember the saying: if it looks too good to be true it almost certainly is.3 -
Same outcome for the Renewables Obligation (RO) certificates:
It is really disappointing to see the government renege on it's contracts which will undermine and harm infrastructure investment in the UK at a time when it is most needed.
Our green credentials: 12kW Samsung ASHP for heating, 7.2kWp Solar (South facing), Tesla Powerwall 3 (13.5kWh), Net exporter2 -
It's not a contract according to the Government.
"A number of responses from private individuals suggested that any change to their FIT tariff would constitute a breach of contract. As set out above, the FIT scheme does not involve any contracts between the government and FIT generators. When they join the scheme, FIT generators enter into a “FIT Agreement” or “Statement of FIT Terms” with their electricity supplier. Suppliers make payments to FIT generators based on tariff rates. The means by which these rates are indexed to inflation is set out in legislation. The government is entitled to amend this legislation, subject to established parliamentary and legal processes."
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Lol. Sure I would like to make a deal with the UK government as it always has the power to enact legislation to change the terms unilaterally….
No doubt the same could be done with government bonds (gilts) if they wanted to.
I think....1 -
Comparing to the FT250 index isn't a fair comparison. The risk and volatility of returns from the index naturally give rise to higher returns. And note that the 250 is mid-table (from the 101st to 250th largest stocks on the market) and hence riskier then the FT100 index. I'm sure most PV investors were not looking at PV v's stock market but got into this arena for very different reasons to the average market investor.
Install 28th Nov 15, 3.3kW, (11x300LG), SolarEdge, SW. W Yorks.
Install 2: Sept 19, 600W SSE
Solax 6.3kWh battery1 -
New rates from ofgem.
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Morning All …..
So with the new figures that were released yesterday does that mean for us early adopters - November 2011 for us - that our new FIT rate from April is 76.9p ?
Or am I reading it wrong ?
Cheers
Nobby.
SMA 4000TL Inverter, 17 REC 235PE Panels, South facing, roof angle \ `ish, 3995 watt system.Installed Nov 2011.1 -
Yes 76.9p plus if on deemed export of 50% at 5.43p,
or a combined rate of both of 79.615p.
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Good.
Though personally it’s been quite a while since we opted out of deemed export as the ability to maximise revenue from excess generation meant much higher prices were available elsewhere.
SMA 4000TL Inverter, 17 REC 235PE Panels, South facing, roof angle \ `ish, 3995 watt system.Installed Nov 2011.0
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