Enemalta plc and Arms Ltd are announcing an improved and streamlined feed-in tariff payment system which brings customers increased convenience and efficiency in securing the returns on their grid-connected renewable energy investment.
The Feed-In Tariffs Scheme (Electricity Generated from Solar Photovoltaic Installations) Regulations (SL 545.27) provide that families and businesses that have a grid-connected photovoltaic system under a feed-in tariff contract may request to be paid the amounts still due to them for the electricity they are generating after setting off other utility consumption accounts registered in their name. The same regulations contemplate that customers need to send a written request for payment every time their account is in credit for a consecutive number of scheduled billing periods.
As part of Enemalta plc’s ongoing commitment to continue improving the effectiveness of its services, the Company is now introducing an easier method for customers to receive these payments in less time. The new system identifies service accounts linked to grid-connected PV systems which remain in credit after setting off other accounts registered in the same customers’ name. It then automatically deposits the sums due to the customers’ bank account of choice and sends them an SMS notification. This means that customers will start receiving payments without the need to formally request them every time their account is in credit.
Enemalta and Arms Ltd are sending letters to over 17,000 customers who have photovoltaic systems feeding into Enemalta’s national electricity grid to inform them about this new procedure and to invite them to provide the details of the bank accounts where they would like to start receiving their payments. Customers have until 14th March 2016 to submit this information.
Source: http://www.enemalta.com.mt/newsDetails.aspx?id=18171
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