Power Purchase Contracts
by Peter
at 2009-12-22 18:12:49
(Blog::Peter)
I have just reached the end of my current 3 year Power Purchase Agreement with edf and they are now offering a new rolling agreement which can be terminated at 28 days notice.
I am therefore seeking advice that anyone feels able to offer.
The rates that edf are offering on a new agreement are 10p per unit for generators upto 5kW installed load and 9p per unit with those with wind and solar installations between 5 -30kW, paid annually, provided the RoCs are signed over to edf.
As we have a 10kW turbine, we would be in the 9p/unit category.
Can anyone tell me how well this compares with other purchase agreements available in the market? The edf contract requires me to purchase power from edf too.
Obviously we have the new FITs around the corner. Thanks for any advice.
_______________________________
Peter
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