Are any other Feed in Tariff (FiT) account holders not receiving the email request to submit their quarterly FIT readings?

This is the email I received on 1st March, hence Jeffus asking about the date. No correction/apology received as of 13:00 2nd March. Clearly the FIT Team Process is working overtime !

Hi @P50WKB @MAG1036 yes as Jeffus has pointed out, the dates in that email are wrong. 

The feed in tariff team will be sending another email to those who received this error in the coming days. 

I’m sorry for any confusion caused. 

Thanks everyone - we have now had a revised email from OVO with the correct date.  It has come as a surprise that OVO has changed how long it keeps on our FIT money.  With SSE we had the money within 3 weeks of sending in the readings.  I suppose we will adjust to having to wait 8 weeks.  When we received the June email we thought there was another change in OVO’s favour.

The way OVO pays out is actually safer than the way SSE used to pay out. SSE used to pay without waiting for Ofgem to cough up first. If Ofgem didn’t reimburse SSE, they’d be out-of-pocket and getting their money back wasn’t always easy.

By waiting for Ofgem to hand over the cash first, OVO doesn’t have to risk taking a hit to its bank balance.

That’s a big hole you are digging Blastoise - what about the hit to our bank balance ? As a percentage of my cash flow, OVO’s delayed / late / non payment of my FIT is enormous compared to OVO’s cash flow. I don’t recall SSE ever not getting reimbursed by Ofgem - certainly not since 2012 when I started claiming FIT payments (and getting paid within 3 weeks of submitting the reading !)

I’ve always advised against relying on FiT/SEG Payouts to pay other bills or maintain your bank balance with. If you do rely on them, it’s probably a good idea to think through your strategy again.

It’s worth remembering that FiT/SEG don’t necessarily last forever and they could get terminated at anytime. Unlikely to happen, but definitely not impossible. It’s much safer to consider them a bonus thing rather than part of critical cashflow.

My understanding is that I have a watertight un-cancellable contract for my FIT payments (SEG may be different - it’s so low priced I don’t know why anyone bothers) until the end of the period. Do you know otherwise?

The most likely reason would be if the government pulls FiT completely. But I don’t see that happening anytime soon

Delayed/Withheld Feed-in-Tariff payments

Those of us with delayed FIT payments have been reminded on several occasions that the FIT Team processes readings, statements and payments at different times of the year.  
In accordance with OVO’s published terms the Spring Quarter timing is thus:
Take/Process readings: March
Statements sent: End of April
Payments sent: End of May

As we are coming rapidly towards the end of April, will the FIT Team or an authorised representative acknowledge here (not on social media) that they are indeed sending out Statements for the Spring Quarter in the next several days with the view to making timely payments in May. From what I gather from other contributors on this Forum I will not be alone in expecting to also receive aggregated missing Statements and outstanding payments for Quarterly FIT readings submitted previously.

Hey @P50WKB,

Thank you for your question,

As pointed out in your post the schedule for statements is April and payments is the end of May. There may be circumstances which mean a delay is caused such as a missing verification photo. If you don't get the expected payment, reach out to the team on 0330 303 5063 and selecting ‘4’ when the IVR instructs you to do so.