@ray_cun
Ray Cunningham
2 years
I've seen lots of people asking when they will start getting paid for the solar energy they feed back to the grid. This is the situation.... #Microgeneration
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@ray_cun
Ray Cunningham
2 years
@EamonRyan signed the regulations on microgeneration payments on the 15th of February. The first payments will be made by July 1st. (That is the latest possible date, a lot of people will be paid earlier, it depends on billing cycles)
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@ray_cun
Ray Cunningham
2 years
That's the date of first payment. Many people (again,it depends on contracts) have been accumulating credit since the regulations were signed in February.
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@ray_cun
Ray Cunningham
2 years
The tariff rate depends on the company (and is variable anyway) but the electricity you sell back to the grid will always get more than the wholesale price.
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@ray_cun
Ray Cunningham
2 years
(A lot of people with solar panels get a battery for storage, which is pretty expensive. Now you can just sell your surplus to the grid, a simple solution, easier and cheaper to set up)
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@josephmcmanus
Joseph McManus
2 years
@ray_cun Hi Ray do you know which electricity providers are offering feed in tariffs at the moment? I'm struggling to find any
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@ray_cun
Ray Cunningham
2 years
@josephmcmanus They won't all have announced the tariffs yet, but Pinergy have and Arden Energy/Local Power
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@McCourtNiall
Niall McCourt
2 years
@ray_cun Great summary thanks for sharing
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@ray_cun
Ray Cunningham
2 years
@BarryWilliamsIE @ShamrockSpring The regulations apply to everyone, but the implementation details will be different for different companies, so they'll have to get in touch with their supplier.
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@shero80
JJ Sheridan
2 years
@ray_cun Thanks for this. Was only looking into this a few days ago. This should drive cost of installation down as no batteries will be required. Great for the consumer and about time too.
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@HegartyTom
Tom Hegarty
2 years
@ray_cun A long time coming. Great to hear that it is finally here.
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