Feed In Tariff

MarkeR · 3 Jun 2019 at 10:24

Moving into a property hopefully 11th July. The present owner has a contract that will transfer to me with a remaining 14 years left on it.
I’ve yet to see the tariff details, would it be best for me to go with the same energy supplier she has for electricity. She has stated that she pays roughly £17 a month electricity and has £300 in credit from last June.

Psycho Sonny · 3 Jun 2019 at 14:13

MarkeR said:
Moving into a property hopefully 11th July. The present owner has a contract that will transfer to me with a remaining 14 years left on it.
I’ve yet to see the tariff details, would it be best for me to go with the same energy supplier she has for electricity. She has stated that she pays roughly £17 a month electricity and has £300 in credit from last June.

i would stick with the same feed in tariff company.

as for supplying you with energy. i'd go with whoever is cheapest.

my FIT is with EON who is the company I was with at the time. and they will be my FIT people until I no longer have solar or sell the property.

i have changed supplier 3-4 times since leaving EON. but they pay my FIT. it's a PITA to change FIT supplier with no upsides so keep it the same.

Troop · 3 Jun 2019 at 16:56

Stay with the same FIT company, if like ours fitted 6 years ago, count on 20P per unit generated(that's the generated and exported combined)

Last month (May) 3.5kw system we generated 460KW @20p per unit = we will be paid £92.00 for the month.

MarkeR · 3 Jun 2019 at 18:05

So I can stay with avro for my gas and electricity, but go with whoever the fit is with now for payment for the fit?

{SAS}TB · 3 Jun 2019 at 23:05

Should be able to

I have my gas and electric from EDF and FiT with British Gas

GW1970 · 6 Jun 2019 at 05:59

This is probably a silly question but have you checked that she owns the solar system or if a company installed it at their own cost so they take the Fit payment ?

{SAS}TB · 6 Jun 2019 at 06:06

GW1970 said:
This is probably a silly question but have you checked that she owns the solar system or if a company installed it at their own cost so they take the Fit payment ?

Should come up as part of the searches by the solicitors (ours did) as it's essentially a charge on the property which could have issues with the bank / mortgage provider (should you have / need one)

samcat · 6 Jun 2019 at 08:17

{SAS}TB said:
Should come up as part of the searches by the solicitors (ours did) as it's essentially a charge on the property which could have issues with the bank / mortgage provider (should you have / need one)

Or check yourself, land registry and it costs about £4

{SAS}TB · 6 Jun 2019 at 08:19

But you shouldn't have to if your solicitor has done their job properly

MarkeR · 6 Jun 2019 at 11:12

GW1970 said:
This is probably a silly question but have you checked that she owns the solar system or if a company installed it at their own cost so they take the Fit payment ?

I've got the invoice for the installation, well my lawyer has. Paid for by the house owner.

{SAS}TB · 6 Jun 2019 at 11:35

From experience, I would just double check / confirm that they haven't sold / taken the equity release on the FiT as well

MarkeR · 6 Jun 2019 at 16:00

{SAS}TB said:
From experience, I would just double check / confirm that they haven't sold / taken the equity release on the FiT as well

Thanks for the tip, i'll get my lawyer to check that!