The ‘Smart Export Guarantee’ would replace the export tariff and apply to small-scale renewable sources such as solar panels
The government is seeking views on introducing a new scheme that would pay households and businesses for surplus electricity produced by small-scale renewables such as solar panels.
Under the Smart Export Guarantee (SEG) proposal, which would replace the export tariff under the Feed-in Tariff scheme, larger energy suppliers – with more than 250,000 domestic electricity customers – would have to pay consumers for the excess power generated and exported to the grid.
It suggests smaller suppliers may also opt to voluntarily provide a SEG tariff. Continue reading “Renewable energy: UK consults on paying homes and businesses for excess generation”