Feed in tariff updates?

irishchris

Is anyone else in here starting to doubt the government's rollout of this? Nothing I can find since the public consultation yet supposedly happening end of this month. Can't see it somehow

slave1

Still reckon it will be a derisory amount in any case, 4c/5c and eliminated with 5pm - 7pm rate hike

irishchris

slave1 wrote: »

Still reckon it will be a derisory amount in any case, 4c/5c and eliminated with 5pm - 7pm rate hike

Even at say 5c though it will still be very beneficial as even last month gave away just under 350kwh which over two month billing period would be a nice 35€ off my bill. Agreed they will hike prices with the smart plans but will be making sure my battery is discharging over those peak hours.

Bobeagleburger

Unless it's incredibly generous I'll be saying no thanks to a smart meter for as long as possible.

Dudda

6 wrote: »

Unless it's incredibly generous I'll be saying no thanks to a smart meter for as long as possible.

Interesting. Is that the case for just people with renewable energy or everyone. Haven't done any maths so interested to hear more on this.

irishchris

Dudda wrote: »

Interesting. Is that the case for just people with renewable energy or everyone. Haven't done any maths so interested to hear more on this.

Everyone really as smart meters are excessively expensive but unfortunately everyone is going to have to accept one over next coming years

slave1

irishchris wrote: »

Everyone really as smart meters are excessively expensive but unfortunately everyone is going to have to accept one over next coming years

Why? If existing meter working....

irishchris

slave1 wrote: »

Why? If existing meter working....

Unfortunately most that will be replaced will be working but Esb networks are replacing 2.4 million meters to smart meters by 2024. Part of cost saving by them. On one hand not needing to employ meter readers and having an easier managed network and in doing so also sneaking higher priced plans onto people. Bad enough they got away with several price rises in last year with the lowest rates now all circa 16c but they then won't seem such a jump when they further hit people with smart meter unit prices.

Also as it is part of the government's climate action plan it is definitely happening and people unfortunately don't have a choice long term but to have one.

gallyind

I heard 8 cents for up to 80% of feed in

Ubbquittious

gallyind wrote: »

I heard 8 cents for up to 80% of feed in

80% of what? how does this work?

They'll delay it until after the solstice and decreasing sunlight

lightson

Chase Huge Ax wrote: »

They'll delay it until after the solstice and decreasing sunlight

🀣🀣🀣

DaveyDave

Was just thinking about this today. I'm sure the plans with feed in tariffs will have a higher unit rate like the plans with 'free' Climotes or Amazon crap.

purethick

I presume there's zero likelihood that a net metering model will be used for FiT here?

purethick

purethick wrote: »

I presume there's zero likelihood that a net metering model will be used for FiT here?

You presume correctly

And surprise surprise, tumbleweed from our outstanding government

spacetweek

https://www.boards.ie/discussion/comment/117622558#Comment_117622558

Not even an announcement on the matter.

I, honestly, expect an announcement in September. They'll get their PR while not actually having to pay people for months

machiavellianme

In fairness, days when there's high RES, the market price trends towards 0 or indeed heads negative. There's a handful of days during summertime when the sun shines and there's no wind that might justify a FiT but ultimately, the distribution network is designed for one way power transfers. There's substantial upgrades required for you to get your ability to export. Industrial customers are charged for MEC and for any reinforcements to the network but residential aren't. Expecting a significant FiT beyond the short to medium term is probably unlikely. I'd be more worried about being exposed to the negative prices after the 10GW+ that is required for 2030 are there!

kabakuyu

https://www.boards.ie/discussion/comment/117668346#Comment_117668346

I do'nt anything about the state of the grid, but small exporters are currently exporting to the grid and not getting paid,what major upgrades does the grid need ?we are exporting at the moment with no problems.

https://www.boards.ie/discussion/comment/117668346#Comment_117668346

They promised a FiT to push people towards sustainable home energy.

That's why

discostu1

From Memory FIT was part of RED and was to be introduced here circa July I heard Eamon Ryan waffling on the radio and got the impression it would be near the end of the year. Anyone any further updates

graememk

Nothing Nada. Boards will be a flurry if there is anything.

https://www.boards.ie/discussion/comment/117355947#Comment_117355947

Imagine being French and "only" getting 9c...

buzz11

https://www.boards.ie/discussion/comment/118006192#Comment_118006192

Sparks might fly 🤣

Ubbquittious

Did anyone complain to d'EU about this? d'EU needs to light a bigger fire under their arse

bullit_dodger

As far as I'm aware they have until the end of the year from an EU perspective - which means that we won't see a red cent being paid for a FIT until 00:01 on Jan 1st. Why would they? It's not in their best interest. Right now they are getting excess for free from people with wind/solar, and effective selling on those units that people have given for nought.

But I believe they need to make it into law to get the FIT adopted. In order for that to happen, usually they send out a draft of the bill in advance asking for comments. So be surprised if we don't see a draft bill appear in the next short while.

Be truly excellent if we can get 9c like the French - can't see it though. My gut feeling is 4c.

DaveyDave

What's stopping them increasing costs across the board for everyone else so they don't lose out once the feed in tariffs come in?

simpsimp

According to an article in the Business Post (October 3rd, can't post the link, sorry), there will be an announcement on this in the Supplementary Budget in late October.

Bobeagleburger

Well, they'll need to announce it at some stage this year!

I won't hold my breath for a large FIT, but holding off on another battery purchase until details are released anyway.

simpsimp

From the article...

The plans will be included as part of the forthcoming Climate Action Plan, which is expected to be published shortly after Budget 2022. The Department of Environment, Climate and Communications is engaging with the Office of the Parliamentary Counsel on transposing relevant articles from the new European Renewable Energy Directive to allow for the microgeneration scheme to be up and running by the end of the year.

Answering various parliamentary questions in the Dail last week, Eamon Ryan, the Minister for the Environment, said he expected a proposed framework to be published in the coming weeks. "It is expected the Commission for Regulation of Utilities (CRU) will publish a draft framework in the coming weeks outlining the details, including eligibility criteria and timescales for introduction," he said. Ryan added that the scheme, known as the clean export guarantee tariff, will introduce an obligation on electricity suppliers to offer remuneration to their customers "for excess renewable electricity exported to the grid by eligible micro- and small-scale generators".

It is understood that the CRU consultation will last four weeks, with a decision expected to be published in November, while the micogeneration scheme will make up a part of the revised Climate Action Plan to be announced in the coming weeks.