Microgeneration Rates

I don't get how they are allowed reduced micro gen rate within contract, seems absurd that it's not a break in contract on their behalf.

It is a part of contract. A provider can change whatever they want during the contract period but that change allows you leave without penalty if you dont accept the new terms.

I emailed Energia earlier this week to confirm it, and have already changed supplier after finding a better one for me using energypal.ie

I contacted Energia this week and asked if the reduction of microgen rates would lead to a reduction in tafiffs. I also asked if I could terminate the contract early due to this change. See response below…

"Thank you for contacting Energia.

I hope that you are well.

We do not currently have a reduction in tariffs planned. We have previously had 2 with no amendment to CEG tariff. If we do so in the future, we will inform you accordingly.

The lowering of the CEG export tariff is a change to your contract, and you do have 30 days from the notification to switch suppliers with no termination fee.

Please contact us by either email or telephone to advise if you are doing so to ensure that your termination fee is removed as this will not happen automatically."

i stand corrected

Yeah I'm pretty sure it would be the same, I've left mobile phone and TV providers in the past without penalty when the price has changed. First time doing it for electricity though I think.

great site thanks for that!
contract due in January and a decent saving to be made.

The person behind it should make the “buy me a coffee” button bigger!

Plush you can always just leave if they do drop it.

Can you please support this petition?

The rates have been dropping and at this rate, give it another couple of years and we won't get anything for our microgeneration.

https://chng.it/PGNPZGR2FY

You are fighting a losing battle. As more solar comes online, the only way is down

Before the FIT rates were announced, my personal guess was €0.08/kWh. So when it was announced that it was €0.18/kWh I was pleasantly surprised. it's a shame that they are reducing (along with the actual consumption rates), but it will go to €0.10/kWh or so I reckon within 2-3 years.

Best way to look at FIT is a bonus. Solar even without FIT was always a money saving thing……adding in FIT just makes it that little bit better.

It will be a lot worse than peanuts 😀

Once there is an oversupply of electricity from PV during sunny hours - like there is nearly every sunny day in the Netherlands, the price goes negative and solar panel owners with dynamic electricity plans actually have to pay to export. Might not happen here for a long time as the solar install per household in Ireland is shamefully low.

Still, I can't wait for dynamic plans here, I have all the hardware ready and roaring to go. Could make quite a decent bit of money on it.

I wouldn't be quite so pessimistic, you're assuming there'll be a drop in electricity demand in the near term which doesn't seem likely given the amount of money being poured into data centers

Of course if/when it turns out that this whole AI thing is a bubble designed to drive share prices rather than any meaningful productivity then there might be a collapse in demand. I still don't think it'll result in a drop in data center usage, just an adjustment of prices which will slow growth

There's also the production side, I would say personally that there's been a definite decline in the number of home solar installations in my area. It seems that people have just gotten used to prices as they are and will sit on the status quo no matter how miserable they are. I feel like humans true power is the ability to put up with things that annoy them

So barring anything drastic, my guess is we'll see a steady decline in FIT rates over the next 2-3 years, but a few smaller suppliers will try to keep them high as a way to lure in new customers.

As I recall BG tried low balling the FIT initially and lost a bunch of customers as a result, so there's a definite lower limit to how far one company can go

Agreed, In the last couple of years my average daily consumption has gone from under 10 kwh to about 35 kwh in winter. 2 Ev's, and heat pump.