The new year kicked off with the introduction of the Smart Export Guarantee (SEG), which came into law on January 1st. It’s the long awaited return of a scheme to ensure solar PV owners are paid for the power they send to the grid, ending the policy void that’s existed since the Feed-in Tariff closed to new applicants last March.
According to the SEG, energy suppliers with over 150,000 customers must offer an export tariff with a rate greater than zero. The SEG is available for customers with an MCS-certified renewable energy system under 5MW and a smart meter.
With zero as the minimum, at the very least you can’t be charged for being relieved of excess solar power. However, suppliers don’t have to give you very much for it. So how much are they offering in practice?