If there's a couple on the bill then Euro800 I believe.
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Where more than one individual is named on the electricity bill each individual can avail of the exemption i.e. the exemption is not split between them.
Except it's extremely easy to choose for your solar to power your house first and only after that does any surplus go to the grid. The feed in tariff is invariably lower than the day rate so doing that is a no-brainer.My understanding is that Euro400 is allowed to be earned under Clean Energy Generation before taxes etc... kick-in.
Euro400 / (365 * 0.75) = a paltry Euro1.46 per day
It really isn't.Too good to be true...
What have you done help achieve this? Batteries, Electric Car, EDDI / Smart Immersion, or something else?BIG-notorious said:
Except it's extremely easy to choose for your solar to power your house first and only after that does any surplus go to the grid.
In my case I've generated over €1,100 worth of electricity in 11 months, based on the FIT . But I've used a lot of that power myself, so the actual effect has been to cut my consumption from the grid by about 50% and the FIT pays for the remainder of my usage. I don't get paid for the power I use directly and therefore I haven't crossed the threshold of €800 limit at which Revenue might start to care.
On the SolisCloud app, I tapped on "Modify Info" and then under Info/More info I changed "Grid Connection Type" from "Maximum Export" to "Surplus Export".What have you done help achieve this? Batteries, Electric Car, EDDI / Smart Immersion, or something else?
My understanding is that the income for Revenue purposes is €500 for what you exported. Which is why it's worthwhile getting a second (or even third if your setup is big enough) name on the electricity bill.If I generate, all in, 1,000€ in a year. 500€ of that is used at the time of generation, and €500 is input into the grid. If I use that €500 (input into the grid) during the course of the year, for example in the winter months when I'm not generating anything, then the net is that I don't have to pay for any electricity, and my net "payment" for revenue purposes is 0.
Yeah, just read the revenue link from Marsupial, looks like Mrs. buddyboy will be going on the billMy understanding is that the income for Revenue purposes is €500 for what you exported. Which is why it's worthwhile getting a second (or even third if your setup is big enough) name on the electricity bill
2nd name = spouseworthwhile getting a second (or even third if your setup is big enough) name on the electricity bill
Adult child or other adult at the same address?3rd name potentially = ?
looks like Mrs. buddyboy will be going on the bill
Any adult children still living at home?2nd name = spouse
3rd name potentially = ?
PerfectBIG-notorious said:
On the SolisCloud app, I tapped on "Modify Info" and then under Info/More info I changed "Grid Connection Type" from "Maximum Export" to "Surplus Export".
Can’t understand how you came to this conclusion about a battery. I can import at 14c to offset my daytime usage at 28c, and allow my solar to export at 20c. About to put in a bigger battery so I can justify 7c/32c on an EV tariff - bigger battery means I’ll largely avoid importing at daytime rate, even in winter.I looked at batteries, eddi, and an electric car (none of which meet my definition of "extremely easy" BTW) and none of them made economic sense, they would have just been superfluous bling.
Correct. We export about €800 at 20c/kWh mostly during the summer, then buy it back in the winter at 28c/kWh using the built-up credit on our account.If this is the case, then I'm in effect using the grid as a long term battery.
How much does a battery cost, how long does it perform at it's max, and how long until it realistically needs replacing..?Can’t understand how you came to this conclusion about a battery. I can import at 14c to offset my daytime usage at 28c, and allow my solar to export at 20c. About to put in a bigger battery so I can justify 7c/32c on an EV tariff - bigger battery means I’ll largely avoid importing at daytime rate, even in winter.
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