It will guarantee that people installing new solar panels at their home or business will receive a payment for exporting electricity to the grid from the start of next year.
Solar panel exporters uk.
By way of example if a property s solar panels generate 2 000kwh of electricity in a year and the owner has a fit contract paying a fixed rate of 20p kwh for the generation tariff they will.
The smart export guarantee seg pays customers for renewable electricity they have generated and put into the grid.
A 4kwp solar panel system could make around 340 per year homeowners with solar panels can start making money again.
Solar panels for homes across the whole of the uk.
As of 1st january 2020 large energy suppliers in the uk are obliged to pay households for the renewable energy they export to the national grid.
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Big energy companies had to participate from the beginning of 2020 and it replaces the feed in tariff fit scheme which pays many solar panel owners for the electricity they generate at home.
Solar pv panels which are accredited by mcs flexi orb or an equivalent scheme are eligible for the smart export guarantee.
Residential solar panels are now over 50 cheaper than in 2011.
The fit scheme paid homeowners for all the electricity generated by their solar panels and then 50 more for their estimated exports but the seg will only pay you for exported electricity.
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The beis department has confirmed that solar panel systems with solar batteries will be eligible to take part in the scheme provided they meet certain.
Seg will build on the previous government subsidy scheme which drove the installations of 850 000 small scale renewable projects.
Their current export tariff called smarter export offers its customers 5 6p per kwh metered export making it the current best value export tariff for solar exporters it is worth noting that it is a variable rate which means you can expect fluctuations based on market conditions.
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