1st April fit rate increase

[wstevew]

For those on 43p I understand there will be an indexed linked increase in the rate 1st April.

Do you have to give a meter reading on the 1st April?
Do they calculate your FIT payment pro rata?
Do you get the new rate for all generation since last quarter?

I know it amounts to next to nothing money wise but wondering if you do need to submit a reading.

 

[TedM]

Most suppliers ask for a meter reading on 31st March, but not all. Presume the others use a pro rata. If yours has not asked just take a reading and note it down somewhere.

The new rate only applies to generation from April 1st.

 

[wstevew]

Thanks.

Can't go wrong I suppose if you submit a reading on the 31st.

 

[FB.]

My FiT provider is Scottish Power and at the moment they seem to indicate that they want readings on the same date every third month - that date being an exact rolling three-month time period since registration of my system. My system being registered on the 20th of the month it was installed and, therefore, SPW want a reading on the 19th day of every third month.

 

[Aquinas_Quark]

nPower sent letter to request my reading on March 31.

 

[Scobo]

nPower sent letter to request my reading on March 31.

Were with npower too and were told any time between the 1st and 25th.
Confused !!?? :dizzy2:
By the way, I read somewhere the new rate from April is 45.4p.

 

[Osbo]

Add on 50% of the new export rate of 3.2p gives a nice round 47p per kWh

 

[Aquinas_Quark]

Confused but not surprised! As new rate kicks off April 1, makes sense to give reading up to end of March, doesn't it.....?

 

[Scobo]

Npower aren't very good at keeping us informed regarding FIT.
Will contact them later (again) to confirm what date they need readings each quarter.

 

[Kevin Ward]

Npower mega slow at every thing had it installed since 13th jan only just got my terms and cond thro the post and sent of today