FiT increase
For anyone with PV - I just checked this morning and the FiT has risen by 13% this year (with RPI). So expect your payments to rise. The export tariff has also risen, but there are two different rates. 4.82p/kw for those from April 2010 to July 2012 and 6.79p/kw for those after August 2012.
it means my blended payment under the FiT/Export scheme is now 8.2p/kw generated - 4.76p/kw for 100% of my generation and 6.79p/kw x 50% of my generated power. I'm expecting just over £700 this year for having my panels on the house.
Wow! My FiT goes up to 68p/kWh
Daikin Altherma 3H HT 18kW ASHP with Mixergy h/w cylinder; 4kW solar PV with Solic 200 electric diverter; Honda e and Hyundai Ioniq 5 P45 electric vehicles with Myenergi Zappi mk1 charger
Is everyone’s FiT the same? According to OVO, our FiT rate is:
Generation and Export rates | |
---|---|
Generation rate for this period | 4.21 p/kWh |
Export rate for this period | 5.99 p/kWh |
Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
Follow our sustainability journey at My Home Farm: https://myhomefarm.co.uk
@julianc, 68p/kWh! You’ll be rolling in cash.
Buy Bodge Buster – Homeowner Air Source Heat Pump Installation Guide: https://amzn.to/3NVndlU
Follow our sustainability journey at My Home Farm: https://myhomefarm.co.uk
Posted by: @editorIs everyone’s FiT the same? According to OVO, our FiT rate is:
Generation and Export rates Generation rate for this period 4.21 p/kWh Export rate for this period 5.99 p/kWh
The FIT rate is not the same for everyone. The rate has been dropped over the years since it was first made available. I not certain if it is still available, but I seem to remember there was a website that gave details of the rates and the date when they were changed.
@derek-m https://www.ofgem.gov.uk/publications/feed-tariff-fit-tariff-table-1-april-2023
as well as varying by date of install (earlier = more) there are also variations by system size. 0-4, 4-10, 10-50 and up from there. there were periods when larger paid less (per unit) and periods when it paid more.
My octopus signup link https://share.octopus.energy/ebony-deer-230
210m2 house, Samsung 16kw Gen6 ASHP Self installed: Single circulation loop , PWM modulating pump.
My public ASHP stats: https://heatpumpmonitor.org/system/view?id=45
11.9kWp of PV
41kWh of Battery storage (3x Powerwall 2)
2x BEVs
Posted by: @ronin92Posted by: @editor@julianc, 68p/kWh! You’ll be rolling in cash.
But systems were quite a bit more expensive then too.
It was due to the 'cowboy' and 'bandwaggon' effect.
As soon as Government grants or subsidies were announced, the cowboys came riding over the hill, jump on the bandwaggon, and the prices went up.
@ronin92 I paid £10,250 for a 4kW system. 16 Hyundai panels and an SMA Sunnyboy 4000 TL-20 inverter with 10 year warranty.
Was ok for the time & paid back in 4.5 years. I’ve had one connection short out that cost me £150 for my electrician to diagnose and replace. Best investment ever
Daikin Altherma 3H HT 18kW ASHP with Mixergy h/w cylinder; 4kW solar PV with Solic 200 electric diverter; Honda e and Hyundai Ioniq 5 P45 electric vehicles with Myenergi Zappi mk1 charger
@derek-m there was a bit of that. The market exploded rapidly. My fitters were cowboys but it was a really complex system. Just the estimation process. We are a perfect south facing, no shade, 44 degree room. No brainer really
Daikin Altherma 3H HT 18kW ASHP with Mixergy h/w cylinder; 4kW solar PV with Solic 200 electric diverter; Honda e and Hyundai Ioniq 5 P45 electric vehicles with Myenergi Zappi mk1 charger
- 24 Forums
- 1,423 Topics
- 29.9 K Posts
- 26 Online
- 1,209 Members
Join Us!
Latest Posts
-
RE: Additional ASHP kW for DHW cylinder?
Thanks for your reply. Perhaps the forum could help m...
By Project_Electrify , 4 hours ago
-
RE: No-code, plug-and-play monitoring for your heat pump
No. Surely you just select the type of weather that you...
By Derek M , 5 hours ago
-
RE: Observations on my Ecodan's estimates of energy consumed and delivered
On page B-89 of the document Ecodan_ATW_Databook_R32_Vo...
By Derek M , 6 hours ago
-
RE: Bivalent (or even trivalent!) system design options for a new GSHP installation
Right, back to the topic at hand. To answer some of you...
By Algienon , 6 hours ago
-
RE: Heat Pump Truth or Myth#2 - Cycling uses a lot of power and ruins your COP
Old thread but it does address part of my question henc...
By puntloos , 8 hours ago
-
RE: Is this a bad installation and is there something wrong with my Samsung heat pump?
@transparent there are details on the terminals just ha...
By David999 , 9 hours ago
-
@editor I sent an email to these people a few months ba...
By Toodles , 10 hours ago
-
RE: Are Octopuses Slowing Consumer Adoption of Heat Pumps?
@ivanopinion Im in the same team as Ivan. I think for a...
By bontwoody , 12 hours ago
-
RE: ASHP Cut-off Temperatures: What's Your Setting and is a Your Heating Still On?
@technogeek Our Homely controller turns the heating on ...
By Toodles , 16 hours ago
-
RE: Issues with Vaillant connectivity via the MyCONNECT gateway
@drew-pa I don't know about hard work! It is pretty cl...
By dr_dongle , 2 days ago
-
RE: Are Solar Diverters Necessary for Homes with ASHPs and Solar PV?
@editor No, I made one 😀 Loft insulation all...
By Andris , 2 days ago
-
@hughf Thanks for that. Ah so they are talking about ...
By IRMartini , 3 days ago
-
RE: Ecodan software update. Real or scam?
@abernyte, hmm, must have been a major disruption if 40...
By Mars , 3 days ago
-
RE: Installing your own ASHP - DIY
I’m in the DIY camp, completed the install last Septemb...
By HughF , 3 days ago
-
Riello / Midea - modbus set flow temp
Hi, I’ve got a Riello NXHM 8kW HP with emonHP, all wo...
By stuartornum , 3 days ago
-
RE: Noise problems with newly installed Samsung 8kW ASHP
That could be the case, depending on where the triple r...
By AllyFish , 3 days ago
-
RE: Say hello and introduce yourself
@irmartini Oh! That’s a great shame.😳 Toodles.
By Toodles , 4 days ago
-
RE: New Fogstar 15.5kWh upright solution
@robl I've added the screens. Li-Bms screen is accur...
By GGW , 4 days ago
-
RE: SCOP and seasonal variations
I’ve had a long chat with Aaron from Homely Technical S...
By Toodles , 4 days ago
-
RE: Gas Combi to ASHP - Making sense of survey results and proposal.
Many thanks to everyone who has helped with advice and ...
By IRMartini , 5 days ago
Latest Topics
-
Additional ASHP kW for DHW cylinder?
By Project_Electrify 7 hours ago
-
By IRMartini 3 days ago
-
Riello / Midea - modbus set flow temp
By stuartornum 3 days ago
-
Ecodan software update. Real or scam?
By Morgan 4 days ago
-
Noise problems with newly installed Samsung 8kW ASHP
By Lokisam 5 days ago
-
Central heating inhibitor with ASHPs
By IRMartini 6 days ago
-
Advice on potential HW Cylinder size
By JWilliams89 6 days ago
-
By Graeme 1 week ago