Who pays for new home solar generated power ie Feed In Tariff

AncientMariner: 
 

Do any suppliers pay FITs for new installations?

I can see from their website that SSE have discontinued the scheme, although will continue to pay FITs to those who signed up earlier.

Thanks

Clive

The fits are paid by the green tax on all of our energy bills.

From an Ofgem site:

Elements of your domestic bill to nearest %

VAT 5%

Other costs 1%

Operating costs 16%

Network costs 22%

Wholesale costs 33%

Environmental and social costs 23%

Regards

BOD

Jon & Bob

Perhaps I worded my question incorrectly.

I will put it this way:

If I was to put solar panels on my house roof, would some/most electricity supply companies  pay me for the electricity I produce?  Assuming that I export 100% of it. 

Thanks.

Clive

If you were to?

On 18 December 2018 the government laid legislation which will close the FIT scheme to new applicants from 1 April 2019, barring some exceptions.

This FAQ helps to explain the implications of these legislative changes for applicants.

In September 2020, the government amended legislation extending the validity periods for preliminary accreditations and pre-registrations which expire after 1 March 2020.  This document has been updated to reflect these changes.

Regards

BOD

The exceptions were for community groups/schools

Like the subsidies for EVs (and EVCPs), the political motive is to get things rolling, which I think is perfectly reasonable. I fear that the best you can do with solar nowadays is to charge your EV. Clearly when the sun is shining brightly (too brightly) you don't need heating, but air-con will make you more comfortable.

Thanks Bod and Chris.

I thought that was the case, but wanted to make sure.

The reason I asked was related to my post on EPCs for rental property.  Seems that one of the recommended ways of improving the EPC rating so as to allow the property to be rented out, is to install solar panels at a cost of £5,000 -£8,000 which, unless the tenant can use the power generated during sunny hours, becomes a donation to the national grid. 

Clive

The original feed in tarriff scheme is closed to new applications.

A small number of suppliers will pay you for exported anergy, if you have a SMETS2 electricity meter.  For example https://octopus.energy/outgoing/

I am not a customer of Octopus Energy, so have no idea how easy it is to set up.  Expect to get a few pence per unit.  Much less than the import rate.

Thanks Simon.

Thanks for your post. At least there is some hope out there!

Clive

It seems the new buzzwords are ‘Smart Export Guarantee (SEG)’ as the replacement for the Feed-in_Tariff (FIT) - https://www.ofgem.gov.uk/environmental-and-social-schemes/smart-export-guarantee-seg

Rates seem to vary between suppliers (receivers?) and it appears to be dependent on having a smart meter to record the exports.

   - Andy.

I found Infinity Renewables Group Ltd. will pay 20p for first 100kwh exported. But they seem to be a shower. Look at  https://greenpowershop.co.uk/ for diy deals.

Russ