Prices of the electricity we use to charge

soundwave

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May 23, 2015
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not my fault my bus is 20 cars long and takes up all the disabled places :oops:
 

soundwave

Esteemed Pedelecer
May 23, 2015
17,287
6,618
 

soundwave

Esteemed Pedelecer
May 23, 2015
17,287
6,618
20250220_211034[1].jpg

those mofo at lcx said they have nothing to do with the feed in tariff they installed my new inverter never registered the warranty so i nicked it but it has been installed wrong as meant to go outside.

and with no ct clamp connected to the inverter it does not know whats coming in via the mains cable on the consumer unit.

thats why if you got a faulty inverter it saves you nothing and powering it via the feed in cable connector to the fuse box means massive feed back loops that blow light bulbs and power sockets.

2 have blown the consumer unit of the wall! as 11 years old and not even looked at.

question is what happens in 9 years when the feed in tariff ends ?
 

Woosh

Trade Member
May 19, 2012
20,709
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wooshbikes.co.uk
Another $2bn, yeehar!
Seems to be adding up just fine? hehe :)
Counting the chickens before they hatch.
Most of those discoveries will amount to little, every government in the past has tried to cut waste before, this one is the most shortsighted so far.
It's like Trump 's tariffs, the cost of rolling back their idiotic shutdowns are greater than any hopeful savings.
Trump is lazy. He wants results immediately. If there is only upside and no downside, others cleverer than him would have done it.
The danger is those idiots would change the constitution to keep going in 2028.
 
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Woosh

Trade Member
May 19, 2012
20,709
17,040
Southend on Sea
wooshbikes.co.uk
You're assuming that those cleverer would want to make the spending more efficient.
No assumptions needed. There is nothing really new under the sun. Musk's kids are like my kids, happy to jump to conclusions, like the story with SSA. Old systems are developed over time, often with ad hoc solutions. You open their databases, you'll see a lot of tables because they deal with different administrations that asked them to do different things or the same things differently, so instead of rewriting the whole system, they just add some extra tables and different views. I have done that myself. After 50 years, the database is full of similar sounding tablenames. You wouldn't know which ones are current which ones are not unless you ask the previous developer.
The SSA pays out about a trillion dollars a year in benefits and about 1% goes to unlawful claimants or paid in errors because people change address. You will see similar things here with UC and DWP. Musk has already stopped money paid legally to thousands of emergency workers. Expect every time he thinks he finds a new scandal, it will be disputed in court pretty quickly.
 

Woosh

Trade Member
May 19, 2012
20,709
17,040
Southend on Sea
wooshbikes.co.uk
How many "brave and stunning" milk float companies have gone bust now?
and there will be more casualties like Nikola in the near future.
I hope they find a buyer soon.
Did you buy or own cars that were made by brands that have disapperared?
That's the unfortunate nature of business.
 
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soundwave

Esteemed Pedelecer
May 23, 2015
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wow i get 7p a kw for my solar feed in tariff
 

soundwave

Esteemed Pedelecer
May 23, 2015
17,287
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soon as i buy the house im ripping it out :p
 
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soundwave

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May 23, 2015
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After 20 years, a Feed-in Tariff (FiT) payment will stop as the standard FiT contract period is typically 20 years, meaning once that period ends, you will no longer receive payments for the electricity you export to the grid under the FiT scheme; however, you can still benefit from using your solar panels to power your home

so after 20 years do they expect me to give it to them for free?
 

Woosh

Trade Member
May 19, 2012
20,709
17,040
Southend on Sea
wooshbikes.co.uk
If I understand correctly, you are paid a minimum guaranteed around 7p per kwh (smart export guarantee or SEG) when FIT is finished.
 

soundwave

Esteemed Pedelecer
May 23, 2015
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Is there a replacement for the Feed-in Tariff?
The Smart Export Guarantee was introduced as a replacement for the FiT on 1 January 2020.
The SEG compels energy suppliers with at least 150,000 customers to pay households for the renewable electricity they export to the grid, though it doesn’t include a generation rate.
Initially, energy suppliers offered low rates simply to fulfil their obligation, but a growing realisation that higher tariffs can attract new customers has since made the market extremely competitive.
There are now many time of use tariffs – including Intelligent Octopus Flux and British Gas Electric Driver – that allow you to profit by importing electricity to your battery at off-peak times, then using or selling it during peak periods.
From the start of April 2023 to the end of March 2024, a massive 283,666 installations signed up to an SEG tariff – three times more than the previous year’s 92,946 total – according to Ofgem’s Annual Report.
It was also considerably more than the 153,010 new domestic installations in this period, because it also includes households with older systems that joined an SEG tariff during this time.
Overall, households on SEG tariffs earned £30.7 million – a 327% increase on the £7.2 million received in the previous year.
How do SEG rates compare to FiT rates?

SEG tariffs only pay you for exported electricity, unlike the FiT, which also paid you simply for generating electricity.
But even though households are no longer paid for every kWh of electricity they generate, the earnings you can make by exporting your electricity are substantially better.
As of November 2024, any solar household that signed up to the FiT after August 2012 will receive 7.14p per kWh until the end of March 2025.
Compare that with the best SEG rates, which include more than a dozen better tariffs. If you’re happy to change your import supplier, you can currently earn three times as much as you can on the FiT export rate – or more.
 

soundwave

Esteemed Pedelecer
May 23, 2015
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so lcx get the fit generation payments from the bean counter on the wall and they charge a fee for what?

now you can see why they dont check anyone's inverters as if not exporting still get paid where as seg you only get paid for what is exported.

aint that handy not to fit a ct clamp the the mains cable so i got my own :rolleyes:

to date i have exported 367.2kw and generated 2066.0kw

For example, a household exporting 1,200kWh per year would be getting £85.68 from the Feed-in Tariff export rate, but £180 from a standard 15p SEG tariff.
 
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soundwave

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May 23, 2015
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What if I don’t have a smart meter?


You’ll need a smart meter if you want to sign up for an SEG tariff.

Owning one is compulsory, as it ensures your SEG tariff’s supplier receives accurate export readings every 30 minutes, and can therefore pay you the correct amount.

All energy suppliers are legally obliged to install smart meters for their customers, for free – so just request one, and you should have one fitted in the near future. It’s as easy as that.


my meter works fine :p
 
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