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9th Dec 2019 Login  
NPower have cut the amount they are paying for exported electricity.
by Stuart at 2008-04-04 15:53:53 (Forum::Public::Wind)
I have just been filling in my yearly return and see that they have cut the amount they pay for exported units down to 10p!!
Guess I will have to start thinking about looking elsewhere.

The reasoning given is that they want to make it fairer and pay the same rate for export across all the electricity regions.

I wonder if they will be levelling down the amount they charge for green tariff NPower juice in the same manner?
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Stuart

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NPower have cut the amount they are paying for exported electricity. Stuart - 2008-04-04 15:53:53
Re: NPower have cut the amount they are paying for exported electricity. Peter Henderson - 2008-04-04 16:51:28
We are with Scottish Hydro Electric who are part of Scottish and Southern Energy. They have just upped their payments to 50 per ROC plus 5 pence for each unit exported. The Export meter was supplied and fitted free, and they handled the OFGEM accreditation and act as our agents free of charge. We are currently paying 9.05 pence per unit but I heard that prices will probably rise by 14%.

There are so many different deals around that the maths gets complicated when you try to work out which is the best!

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P J

Re: NPower have cut the amount they are paying for exported electricity. BigSkeff - 2008-04-05 22:27:22
Stuart,

Can I ask who you are going to sell your ROC's too ? I presold all eleven of the ROC's that we made up to March 31st 2008 for last year's BUY OUT PRICE of 34.30.

That was because I was pushed for time and couldn't find a agent that charged a fee per ROC, agents I found charged 50 for any amount up to the first hundred and then 50p per ROC from then on. I still haven't found a way of selling a small amount of ROC's without, either, incurring at least 50 fee or getting far less than the true price which is circa 49.95/ROC. Any ideas ? As this will apply to many on the forum.

Very disappointed with nPower as they sold their JUICE Microgeneration Scheme on the fact it was 'Same In As Out' they only changed to paying 50% of total generated when they found it impossible to organise getting Export meters fitted. (Which isn't impossible) I wonder if we should uproot our turbines and move them to Germany where they, apparently, pay a whole pile more. Anyone know how much ? I heard 70p/Kwh, No, can't be !

James

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Planet 'B' presumed non existent.

Re: NPower have cut the amount they are paying for exported electricity. Stuart - 2008-04-06 18:58:15
James,

I use Trade Link Solutions.

Regards

Stuart

Re: NPower have cut the amount they are paying for exported electricity. BigSkeff - 2008-04-06 20:12:48
Thanks Stuart,

Can you tell me what the TradeLink's charges are ? They don't seem to publish them on their web site, and the last time I got some figures they were quite hefty.

I was quoting from the eROC site where they charge 50 but can get a price of circa 50/ROC. I'm sure I remember hearing of a better deal out there, but can't for the life of me remember who told me. Any body else know ?

Would it be possible to group all our ROC's together before going to eROC's or Trade Link, thereby getting a better end price per ROC ?

James

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Planet 'B' presumed non existent.

Re: NPower have cut the amount they are paying for exported electricity. Peter - 2008-04-08 20:32:52
I pay Tradelink 20% commission on whatever price they get for my ROCs in the auction.

We received our first payment in respect of ROCs in August 2007. This was for a total of 7 x ROCs for the period since installation of our Bergey turbine at the end of November 2006 through to March 2007 and was paid at the rate of 48 per ROC (i.e. amounting to 336 less 20% commission paid to the aggregator, Tradelink Solutions).

Our next payment for the period March 07 > Marchg 08 should come through in a couple of months - and will hopefully amount to around 750 net, on the same basis.

The RoC auctions are conducted Qtly - see http://www.nfpa.co.uk/auctions.html.

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Peter

Re: NPower have cut the amount they are paying for exported electricity. BigSkeff - 2008-04-08 21:46:57
Thanks Peter,

O.K.
For the Eleven ROC's I made this year:

I presold at the BUY OUT PRICE of 34.30 / ROC X 11 = 377.30
If I sold through TradeLink at 48.00 / ROC X 11 = 528 - 20% = 422.40
If I sold through eROC auctions at 48.00 / ROC X 11 = 528 - 50 = 478.00

It looks like eROC is a clear winner here, but can it be improved on ?

Economics isn't everything but it sure helps to make sense of the outlay.

James
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Planet 'B' presumed non existent.

Trade Links solutions Fact Sheet Stuart - 2008-04-14 13:13:59
Peter

Here is a interesting article from Tradelink that outlines their payments and a lot of info about ROCs and LECs.

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Stuart

Attachments...
Word document (1Mb limit) Microgeneration Fact Sheet
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