What is the Smart Export Guarantee?
The Smart Export Guarantee (SEG) is a government-backed initiative that compels large energy suppliers to pay homeowners for renewable electricity they send back to the National Grid.
SEG began in January 2020 as a replacement for the defunct Feed-in Tariff (FiT), but works differently – mainly because it puts the responsibility on consumers to choose the best rate, although it seems very unfair getting max 24p Per KWH when you pay 40p Per KWH, if you are not going to use it, or save it, it might as well go to the energy company? If you do chose to sell the extra we are able to complete the MCS certificate ands DNO registration for you and help with the relevant advice, Inverter and battery settings to make sure you are not selling when you need you energy.
We can recommend Octopus energy schemes such as Flux, GO and Intelligent. This schemes are very flexible, it will depend on a few questions and answers as to what’s best for you and your home.
Mr Solar can show you how to use all the Solar Power you generate through, storage, Hot water and other ideas around the house. In most cases we are able to grid parity, the earning (should be equal to your electricity bill).
CORRECT SEG RATES 05/2023
Energy supplier | Price (p/kWh) | Name of tariff |
---|---|---|
Octopus (own customers) | 24 | Octopus Flux |
OVO (own customers with a battery) | 20 | OVO SEG Tariff |
Octopus (own customers) | 15 | Outgoing Fixed |
OVO (own customers) | 15 | OVO SEG Tariff |
Scottish Power (own customers) | 15 | SmartGen+ |
Scottish Power | 12 | SmartGen |
British Gas | 6.4 | Export & Earn Flex |
EDF (own customers) | 5.6 | Export Variable Value |
E.ON (new solar accounts) | 5.5 | Next Export Exclusive |
Pozitive Energy | 5 | SEG tariff |
So Energy | 5 | So Altair |
Octopus (non-customers) | 4.1 | Outgoing Go |
OVO (non-customers) | 4 | OVO SEG Tariff |
SSE (existing customers only) | 3.5 | Smart Export Tariff |
Shell Energy | 3.5 | SEG V1.1 Tariff |
Utilita | 3 | Utilita Smart Export Guarantee |
EDF (non-customers) | 3 | Export Variable |
E.ON (non-customers) | 3 | Next Export |
Utility Warehouse | 2 | UW Smart Export Guarantee – Standard |
E | 1 | E SEG January2020v.1 |