Navitron Renewable Energy and Sustainability Forum

Energy/Electricity Storage and Use/Grid Connection => FITs (Feed In Tariffs) => Topic started by: paul149 on January 16, 2019, 11:15:42 AM



Title: December 2018 RPI. 2.7%
Post by: paul149 on January 16, 2019, 11:15:42 AM
Just released today and it looks like the figure to be used for this April's rise in the FIT rates is going to be 2.7%*
Haven't done the math yet but better than a poke in the eye with a sharp stick!!!!

* Source https://www.eef.org.uk/resources-and-knowledge/research-and-intelligence/inflation-update



Paul m.


Title: Re: December 2018 RPI. 2.7%
Post by: philx on January 17, 2019, 07:26:44 AM
YAY! to 2.7%
Phil


Title: Re: December 2018 RPI. 2.7%
Post by: JohnS on January 17, 2019, 03:08:54 PM
On the face of it, 2.7% looks a bit low for RPI.  It is down 0.5% on November's whereas CPI is down only 0.2%.

But delving deeper, in December 2017 RPI was up 0.2% on November and CPI down 0.1%.  So it looks as though there was something in December 2017 which caused an upward blip which has now fallen out.

Net result is that we all got a 0.3% cash benefit a year earlier than we otherwise would have.  Yippee


Title: Re: December 2018 RPI. 2.7%
Post by: nowty on January 17, 2019, 09:00:22 PM
And I think in 2018 most of us got a little more sun than average too. :crossed


Title: Re: December 2018 RPI. 2.7%
Post by: john999boy on March 02, 2019, 09:22:02 AM
Has there actually been an official Ofgem posting on this yet and if so, can someone please supply the link.


Title: Re: December 2018 RPI. 2.7%
Post by: Ted on March 02, 2019, 10:00:11 AM
The April 2019 update hasn't been posted yet but when it is, it should be here:

https://www.ofgem.gov.uk/environmental-programmes/fit/fit-tariff-rates


Title: Re: December 2018 RPI. 2.7%
Post by: paul149 on March 17, 2019, 01:38:11 PM
yer 'Tis

https://www.ofgem.gov.uk/environmental-programmes/fit/fit-tariff-rates


Title: Re: December 2018 RPI. 2.7%
Post by: mikegally on March 30, 2019, 10:22:16 PM
Hi,
does that make the higher tariff rate (plus export) as 56.08 ?


Title: Re: December 2018 RPI. 2.7%
Post by: Westie on March 31, 2019, 09:38:43 AM
Hi,
does that make the higher tariff rate (plus export) as 56.08 ?

Yes that would be the rate per  MWh  or as most folk have it  56.08 p /kWh


Title: Re: December 2018 RPI. 2.7%
Post by: john999boy on March 31, 2019, 09:43:53 AM
As far as I can see, even though the 2.7% should be correct, there hasn't been official confirmation on Ted's link. Most odd as it was posted a lot earlier last year......


Title: Re: December 2018 RPI. 2.7%
Post by: Ted on March 31, 2019, 10:38:43 AM
If you scroll down the page it is there. The just haven't included it in the dated block at the top.

https://www.ofgem.gov.uk/publications-and-updates/feed-tariff-fit-tariff-table-1-april-2019