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CEG Tarrif - How will I get paid?? Credit vs Payment

  • 22-07-2022 8:55pm
    #1
    Registered Users Posts: 40


    Hi,

    For who have smart meters installed and are getting/planning on getting paid which supplier did you go with. From looking at the CRU website you will either get paid for it or get credit added to you account. If you go with the latter, I assume that has you tied to there account as long as you are in credit. Or is there a function that after your 12 month contract is completed and you decide to leave, they will write you a cheque?? or would you have to buy Sh1T off the SSE shop??


    I assume most suppliers will be going with the credit as its the easiest way of retaining customers...


    Your payment for your exported electricity may be paid out by suppliers in a number of ways:

    • It may be via a monetary credit on, which offsets your regular bill for the electricity you import from the grid. The amount of the credit will be shown.

    • It may be via a separate payment. In this case you may receive a separate statement with details of the payment amount and the quantity of exported electricity you are being paid for.



Comments

  • Moderators, Home & Garden Moderators Posts: 6,430 Mod ✭✭✭✭graememk


    You've got the same amount of info as we do so far!



  • Registered Users Posts: 40 oojohoo1


    Thanks, just checking in case im missing something is all



  • Registered Users, Registered Users 2 Posts: 12,157 ✭✭✭✭the_amazing_raisin


    I guess it'll take the same form as the recent government credit, ESBN will tell your electricity provider how much you've exported and they'll credit your account with the appropriate amount

    If you're in credit you can request you have the credit refunded to your bank account. I had to do the same with BG a few years back when changing supplier while there was a load of credit on my account

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



  • Registered Users Posts: 899 ✭✭✭ColemanY2K


    anyone know if the credit would cover standing charges and pso or are they payable no matter how much credit you earn?

    it would be ridiculous to have 100's of euro in credit but still having to pay the full amount in standing charges and pso

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 12,157 ✭✭✭✭the_amazing_raisin


    Since the credit is money and not free kWh for example, I assume it can be used towards standing charges as well


    The PSO levy is going negative in October anyway so that's not gonna be an issue

    My guess is that it'll be a bit like the €200 credit that was applied a few months ago


    ESBN will tell your supplier how much you exported, either by reading your smart meter or by an estimate if you're on an old meter. Then your supplier will work out how much you're owed and apply that as credit to your account

    As for the hundreds you'll get from export, I kinda feel like €200 is a pretty optimistic estimate for most domestic PV arrays. I don't think it'll be the next get rich quick scheme for example

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



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  • Registered Users, Registered Users 2 Posts: 15,787 ✭✭✭✭AndyBoBandy


    I assume that has you tied to there account as long as you are in credit

    I'd hazard a guess that whatever anyone earns from FIT would last no more than a bi-monthly billing cycle before it's used up, so worst case if they paid you and you wanted to leave when the credit was all used up, you wouldn't be waiting long.... (price increases are on the way again, and again.....)



  • Registered Users Posts: 899 ✭✭✭ColemanY2K


    hmmm that's what i think as well in that the credit is seen as money.

    don't get me wrong my motivation is not to get rich quick but to have a system large enough that it meets my needs and generates enough FIT credit that it covers the sc and pso (which lets face it won't be negative forever). i'm not concerned about the roi angle but rather the sc and pso is a bug bear of mine.

    the conundrum i'm trying to figure out is would a 10kW or 15kW system do the trick or would i need something much bigger. in short i want to be virtually off grid but at the same time connected to the grid as an insurance policy. my initial calcs suggest an 15kW array would cover the winter period and generate vast quantities of power from february/march to september/october to cover the sc and pso for the year. don't take that as gospel though, i need to check my numbers lol.

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 2,594 ✭✭✭bullit_dodger


    I hate to say it, but 15Kwp won't cover winter. I averaged 1.8Kwhr/day in December last and 3.3Kwhr/day in Jan. My consumption in winter is in about 30Kwhr/day. If you have a heat pump.....forget about it.

    This is on a 5.3kwp system (east/west split). if you went to 15Kwp perfect south, you might average 6-8Kwhr/day in Dec. I'd forget about even attempting to try and cover winter. I briefly thought about this 2 years ago when I first started looking at solar, and worked out that i'd need 40-50Kwp to cover winter. That obviously isn't a runner.

    You should have a look at the performance spreadsheet. You'll get some real-world production numbers from the boards members.



  • Registered Users, Registered Users 2 Posts: 15,787 ✭✭✭✭AndyBoBandy


    Doesn't any system bigger than 6kWp require a 'micro' (not sure the exact wording) generation connection, which costs around €1,000 to apply for from ESBN?

    And the whole domestic FIT system is designed for sub 6kWp systems?



  • Registered Users Posts: 899 ✭✭✭ColemanY2K



    hmm that's what i fear might happen in real world conditions.

    i've played around with the photovoltaic geographical information system...if i tilt the array to the optimum angle in january which in this case is 70 degrees it gives an estimated generation of ~650kWh & ~825kWh in February from the 15kW array. i've heard the pvgis to be an accurate indicator, is this true or is it wildly optimistic?



    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



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  • Registered Users, Registered Users 2 Posts: 2,594 ✭✭✭bullit_dodger


    PVGIS: Generally it's quite good. Here's my own actual verses forecast (obviously Aug isn't finished hence why it's under reporting)

    The problem though is more about when you get the power. I've got pretty good stats tracking and here's some additional info.

    So there were days in Dec (quite a few of them) where I got less than 1kwhr. This would be fairly typical. Then you will get the odd bright crisp day (my 3.3Kwhr day above) which drags up the month. But you could be a week with a dark cloudy days where you're getting feck all from the panels, and no matter how big a battery you have (unless it's like 100Kwhr or above) will see you through it.

    Again, not to sound defeatist - but winter is really a no show with solar. I do think that a large array like we talked about 9.6kwp on a 6Kw inverter will see you right though for perhaps 8 (maybe 9) months of the year, but the law of sunshine and ireland don't do us favours I'm afraid for winter

    Note: This is probably going off the original point here which was CEG tariffs.



  • Registered Users Posts: 899 ✭✭✭ColemanY2K


    cheers for your assistance.

    i think i got the answer to my ceg query, plenty to ponder.

    🌞 7.79kWp PV System. Comprised of 4.92kWp Tilting Ground Mount + 2.87kWp @ 27°, azimuth 180°, West Waterford 🌞



  • Registered Users, Registered Users 2 Posts: 12,157 ✭✭✭✭the_amazing_raisin


    I feel like if the objective is to get through winter at the lowest cost, then a bigger battery is the best method. If it's sized to cover a days usage then you can charge it using night rates to offset the lack of solar power

    "The internet never fails to misremember" - Sebastian Ruiz, aka Frost



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