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B
Rank 1
BrandyCat
Rank 1
October 17, 2023
Solved

Will anything happen to my generation payments if I get a Smart Meter?

  • October 17, 2023
  • 10 replies
  • 1734 views

I have solar panels running under the FITs system. I get an amount for the generated power and a deemed amount at 50% of the generated.

If I move to a Smart meter what happens to the FITs payments?

Will I end up out of pocket by moving across?

Best answer by BPLightlog

Updated on 01/07/25 by Chris_OVO:

Your generation is entirely separate (I’ve been through this myself) and stays as is. If you export less than the deemed 50% then you’d lose (or gain) that amount but the export is a lot lower payment anyway as you know.
You would be able to see your export figure on your smart meter. You should have a separate generation meter which would stay. 

 

Book a smart meter here today! Or check out this really handy topic on booking a smart meter online: 

10 replies

BPLightlog
Super User
BPLightlogSuper User
Super User
October 17, 2023

Hi @BrandyCat , theoretically your deemed export would become measured instead and so it depends on that difference. The generation side stays the same driven by your separate generation meter

Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
    B
    Rank 1
    BrandyCatAuthor
    Rank 1
    October 17, 2023

    Thanks. I was hoping that was the case.

    I had been told that the whole amount becomes measured as export. The export being after I had used any power internally. I would lose quite a bit then!!

    My last payment was nearly £500 for the generated and £17 for the deemed amount. So the only bit at risk would be the £17, depending on how much I use or export ranging from 0-100%?

    BPLightlog
    Super User
    BPLightlogSuper UserSolved
    Super User
    October 17, 2023

    Updated on 01/07/25 by Chris_OVO:

    Your generation is entirely separate (I’ve been through this myself) and stays as is. If you export less than the deemed 50% then you’d lose (or gain) that amount but the export is a lot lower payment anyway as you know.
    You would be able to see your export figure on your smart meter. You should have a separate generation meter which would stay. 

     

    Book a smart meter here today! Or check out this really handy topic on booking a smart meter online: 

    Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
      B
      Rank 1
      BrandyCatAuthor
      Rank 1
      October 17, 2023

      That’s brilliant, thanks.

        J
        Rank 5
        jaybell
        Rank 5
        March 12, 2024

        I wish to move my generated/metered export to a new licensee. My question is: who instigates a move, the current or proposed licensee? and how long does this take? and any other tips when changibg licensee please

        BPLightlog
        Super User
        BPLightlogSuper User
        Super User
        March 12, 2024

        I wish to move my generated/metered export to a new licensee. My question is: who instigates a move, the current or proposed licensee? and how long does this take? and any other tips when changibg licensee please

        I recently moved my exports. Timing depends on whether you have an MPAN assigned or not. 
        I applied to my new chosen supplier and they got things ready. When it was time - mine took a few weeks - I told the existing supplier that I wanted to end my export tariff and then I sent their confirmation email to my new supplier 

        Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
          J
          Rank 5
          jaybell
          Rank 5
          March 12, 2024

          Thanks. I have an export MPAN, just want to change from present licensee

            Abby_OVO
            Community Manager
            Abby_OVO
            Community Manager
            March 13, 2024

            Hey @jaybell 

             

            BPLightlog has left some really helpful advice on this already for you, but I just wanted add that we’ve also got a really helpful topic all about this, I’ve linked that topic below:

             

             

            Hope this has been helpful.😊 

            Currently Playing: She's Electric
            J
            Rank 5
            jaybell
            Rank 5
            March 13, 2024

            Yes, thanks.  Had I been able to find the thread you refer to I would not have needed  tp pose a new question!

            What’s surprising is the length taken : unlike switching consumption suppliers!

            Abby_OVO
            Community Manager
            Abby_OVO
            Community Manager
            March 14, 2024

            Hey @jaybell 

             

            Not to worry, glad you got the answer you needed in the end.😊

             

            What’s surprising is the length taken : unlike switching consumption suppliers!

             

            I do understand that this is a longer process than your typical energy supplier switch when switching the solar agreement, with faster switching for energy suppliers it also seems a lot longer than that switching process. Hopefully things won’t take too long for you.

             

            Pop back any time if you’ve ever got any other questions at all.🙂

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