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Author Topic: December 2018 RPI. 2.7%  (Read 3132 times)
paul149
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« 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.
« Last Edit: January 16, 2019, 08:25:16 PM by paul149 » Logged

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philx
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« Reply #1 on: January 17, 2019, 07:26:44 AM »

YAY! to 2.7%
Phil
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JohnS
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« Reply #2 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
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nowty
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« Reply #3 on: January 17, 2019, 09:00:22 PM »

And I think in 2018 most of us got a little more sun than average too. fingers crossed!
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john999boy
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« Reply #4 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.
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Ted
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« Reply #5 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
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paul149
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« Reply #6 on: March 17, 2019, 01:38:11 PM »

yer 'Tis

https://www.ofgem.gov.uk/environmental-programmes/fit/fit-tariff-rates
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mikegally
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« Reply #7 on: March 30, 2019, 10:22:16 PM »

Hi,
does that make the higher tariff rate (plus export) as 56.08 ?
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Westie
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« Reply #8 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
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john999boy
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« Reply #9 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......
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Ted
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« Reply #10 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
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