OFGEM have confirmed their ‘minded to’ decision to cut TRIAD income for embedded generators. It is still possible that Government will reject OFGEM’s proposal, but the chances of that are pretty slim.

In a nutshell, their proposal is to start to reduce TRIAD payments for ‘embedded’ generators starting Winter 2018/2019, ramping down to 2020/21. This could reduce associated income by over £40 per kW of installed generation capacity.

For more details, read our previous blog on this.

However, there is still time to maximise TRIAD income before winter 2020/21 by checking your Power Purchase Agreement (PPA). Are you paid 100% of the TRIAD income? Or does your supplier keep a margin for themselves?

Although not connected to TRIADs, it can also be worth looking at Feed-in Tariff (FiT) payments, especially for Anaerobic Digester plants; many suppliers pay FiT quarterly. Although you don’t get any more money, our clients value the cash flow benefits that monthly payments bring.

If you have any TRIAD or PPA questions, give our Onsite Generation team a call on 024 7669 8899.