E.ON FIT payments
Posted: Mon Jun 26, 2023 10:45 am
I have received m FIT payment statement E.ON for June, having submitted a meter reading on 24 June, as I was away for the weekend.
The previous reading was for 24 March.
This year, E.ON has prorated the 1 April reading on a day count basis, thus assuming I was generating 8.2 kWh per day throughout the quarter. It also includes 1 April at the old rate instead of the new rate.
Last year, they apportioned it differently, assuming 5kWh per day in March and 8.3kWh a day for the rest of the quarter.
Thus they have managed to pay me £2.15 less than if they had calculated things as they did last year. I know it is not a lot, but it is the principal of it. Over many customers, this will add up to many thousands of pounds.
I was originally with NPower prior to their being taken over by E.ON. NPower allowed meter readings for the first quarter to be summitted on any day in March and I always did it on the last day. Normally, they are required between 1-25 of the month, which is what E.ON require.
How do other FIT providers apportion generation over the FIT increase period?
I am stuck with E.ON as my FIT provider as I am one of the few people who received a Low Carbon Trust Grant and was eligible for FITs. It has been confirmed that there is no requirement for me to repay the grant. If I try changing FIT provider, I have to complete a declaration that I have not received any grant, or if I have, that I have repaid it. I cannot make the declaration and thus the computer says no.
The previous reading was for 24 March.
This year, E.ON has prorated the 1 April reading on a day count basis, thus assuming I was generating 8.2 kWh per day throughout the quarter. It also includes 1 April at the old rate instead of the new rate.
Last year, they apportioned it differently, assuming 5kWh per day in March and 8.3kWh a day for the rest of the quarter.
Thus they have managed to pay me £2.15 less than if they had calculated things as they did last year. I know it is not a lot, but it is the principal of it. Over many customers, this will add up to many thousands of pounds.
I was originally with NPower prior to their being taken over by E.ON. NPower allowed meter readings for the first quarter to be summitted on any day in March and I always did it on the last day. Normally, they are required between 1-25 of the month, which is what E.ON require.
How do other FIT providers apportion generation over the FIT increase period?
I am stuck with E.ON as my FIT provider as I am one of the few people who received a Low Carbon Trust Grant and was eligible for FITs. It has been confirmed that there is no requirement for me to repay the grant. If I try changing FIT provider, I have to complete a declaration that I have not received any grant, or if I have, that I have repaid it. I cannot make the declaration and thus the computer says no.