PV Feed In Tariff

100% - pay for what you use not for the bonuses of the morons at the elec companies.

I've been saying the same thing about motor tax for many years (since well before there were any electric cars around). It should be abolished and the tax should be on the fuel.

Yes but the most important law of taxation is that collection must be easy. Far easier to collect tax on fuel than motor tax. Far easier to up the income tax than to collect individual TV license fees (a joke in this country). Far easier to tax excise duty of alcohol at wholesale level than to ask individuals to put aside €1 for every pint they drink and expect them to pay it in their yearly tax return 😂

I can see that conversation at 2a.m. how many did I have? Was it you that bought the third round or me? Never mind on January with the tax return: you spent what on pints?

Yeah, those standing charges and how they relate to the PV feed-in-tariff begs belief. The levels of obfuscation that goes on with the suppliers pricing plans. Geez. While I've been lazy and not switched providers, I doff my cap to bonkers.ie for doing the leg work.

I can however get in behind a reasonable standing charge for a service. Myabe what.... €100 or so for the year, and it should be the same across all providers. My thinking is that well if I use no electricity, well they still have to have accountants, and service techs, indirectly pay for step-down transformers (even if I don't use it), but yeah.... €500 knicker for something which I may not even user a single 1Kwhr. Cowboys Ted ! :-)

Jonathan - good find on that RMDS discussion. Very interesting.

Well 🤬 the rest of them will follow suit I bet

Anyone know who George Lee is on about on the news this evening saying 3 companies have announced the rate of between 13.5c and 17.5c? I know two who have announced the 13.5c and 14c but the 17.5c is new to me and can' find anything more about who it is.

To be fair they're probably telling the truth, I get the impression that forward thinking is strongly discouraged at many energy companies

Possibly, but you would imagine RTE would be announcing up to date news on the FIT. I was hoping one of the bigger suppliers eventually showed their cards. It's a joke at this stage all the green trumpet blowing about it being paid from the 1st of July and here we are still in the dark and not knowing the red tape each company will put in place. 🙄

If government was really interested in solar generation, they would be giving generous tax breaks on the cost of the install.

Grants never seem to work in Ireland as prices just inflate to match the grant.

For them to talk of taxing exported power from the ordinary homeowner is absolute lunacy.

I could see exported power being taxable if your power bills were negative over the year but trying to tax a part of a domestic contract where the other side of the same contract is not tax deductable is nuts imo.

Yes. Your effective FIT is the day rate or peak rate. So ~1/2

They will see a raft of people with PV leaving them asap so, as well as over the latest increases.

I'm up with them end of August, so will definitely be leaving. Have almost 300kwh exported this year, so guessing 500+ for the year, at 16c, approx €80, that'll cover one months bill.

Assuming the d/n and SC rates aren't a rip off.

You can't keep the credit for sure... I already left once and came back. I'm not sure what happens if you leave before contract and not fully consumed the credit.

If sept comes round and no news from ei I will happily break contract with them as well.

I like your style, irishchris 😁

for me it was balanced out by the handover to the new provider. i switched back a month later again - i recieved the switch bonus a second time no problem.. but i didnt end up with 400 (NOT both combined, only 200) - it was reconciled in closing bill.