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Smart Export Guarantee (SEG) rates in the UK allow solar panel owners to earn money by selling electricity back to the grid. The best SEG tariff currently available is Octopus Energy''s Intelligent Octopus Flux, which provides up to 30.31p/kWh for customers with solar panels and compatible batteries.
This tariff stands out in SEG tariff comparisons as one of the best export tariffs for solar panel owners. For example, by taking advantage of the SEG on top of the savings provided by a 4kW solar system with a 10.8p tariff rate alone, you can save up to £830 per year.
This article explores the best SEG rates in the UK and provides detailed information about top suppliers. We''ll cover essential aspects such as rates and potential annual savings for each provider. Our comprehensive guide aims to help you understand your options. However, if you still have questions after reading, we recommend consulting a reliable specialist for personalised advice tailored to your situation.
Fortunately, with our service, finding a reliable professional and comparing quotes couldn''t be easier. Just fill in our short 30-second form, and we''ll connect you with up to 4 local solar panel suppliers. Spare yourself the hassle of endless googling, and just click below to get started—it''s quick, simple, and completely free!
Octopus Energy''s Intelligent Octopus Flux offers the best SEG tariff in the UK at 30.31p/kWh during peak hours (4-7 pm). The best tariff may vary based on individual circumstances, such as having a battery storage system or an electric vehicle.
Therefore, who pays the best SEG tariff? Octopus leads, but other providers, like Good Energy''s Solar Savings Exclusive at 20p/kWh and OVO''s SEG Tariff Exclusive at 20p/kWh, also offer competitive rates.
Here''s a comprehensive table of SEG rates from various UK energy suppliers, ranked from highest to lowest:
For instance, ScottishPower''s SmartGen and British Gas Export & Earn Flex SEG tariffs emerge as the best SEG tariffs in the UK for those seeking the best export tariff without switching suppliers.
When conducting an SEG tariff comparison, consider factors like solar battery compatibility and payment schedules to find the best smart export guarantee rates for your situation. Remember, the best tariff for solar panels in the UK may vary based on individual circumstances and equipment.
Octopus Energy''s Intelligent Octopus Flux is currently the UK''s best Smart Export Guarantee (SEG) tariff for solar panel owners. This innovative tariff offers the highest SEG rates, up to 30.31p/kWh during peak hours (4-7 pm) and 22.73p/kWh at other times.
This tariff can save Octopus Energy customers up to £819.1 on their energy bills annually, taking into account a 4kW solar panel system and an average energy consumption of 2700kWh. Moreover, it combines import and export rates, optimising energy consumption and export for customers with solar panels and compatible home batteries (currently GivEnergy).
To qualify for this best solar export tariff in the UK, you''ll need the following:
1. A smart meter with half-hourly readings
2. Solar PV system and compatible battery
4. Proper certifications (MCS or Flexi-Orb) and notifications to the local energy network
These conditions apply to most SEG tariff rates. Moreover, for those seeking the best solar tariff in the UK, Intelligent Octopus Flux emerges as the top choice, surpassing other export tariff rates in the market.
Octopus Energy''s Octopus Flux tariff offers a competitive rate of 21p/kWh, making it the second-best SEG tariff option in the UK. Designed for customers with solar panels and battery storage systems, this tariff provides potential annual savings of up to £747 for a typical 4kW solar panel system.
The Good Energy Solar Savings Exclusive SEG Tariff comes third by offering a 20p/kWh rate for exporting excess solar electricity to the grid.
Exclusive to Good Energy electricity customers, this tariff provides potential annual savings of up to £740 for a typical 4kW solar panel system with battery storage. It requires a smart meter for accurate export measurement.
So Energy is a UK-based energy provider that stands out for its customer-focused approach and dedication to sustainable energy. Founded in 2015, the company has rapidly grown, offering competitive tariffs and exceptional service.
With a generous SEG rate of 20p/kWh, So Energy enables homeowners with a 4kW solar panel system to save up to £740 annually. This significant saving can substantially reduce the payback period for solar panel costs in the UK, making renewable energy more accessible and economically viable for households.
OVO Energy, a prominent UK energy supplier, offers an exclusive Smart Export Guarantee (SEG) tariff for customers with solar panels. This tariff provides a rate of 20p per kWh for electricity exported back to the grid, allowing OVO members with eligible solar PV systems to save up to £740 annually on their energy bills.
This saving is based on an average 4kW solar system, typically suitable for a 2-3 bedroom house. To benefit from this tariff, customers must install a smart meter, ensuring accurate measurement and reporting of the exported electricity.
For those seeking cheap solar panels, OVO''s SEG tariff can significantly offset the initial investment by providing substantial savings. However, checking directly with OVO Energy for the most current information is crucial, as tariff rates and terms can change. The rate mentioned, 20p per kWh, is based on the latest available data, but energy market rates are subject to fluctuation.
E.ON offers the Next Export Exclusive tariff under the Smart Export Guarantee (SEG) scheme. This tariff provides a rate of 16.5p per kWh for electricity exported back to the grid. For customers with a 4kW solar system, this can result in savings of up to £715.50 annually.
Since 2009, they''ve invested £3.5 billion in renewables and installed over 4 million smart meters. With 8,000 UK employees, E.ON is shaping the green energy workforce. Their commitment to sustainability extends to a fleet of 159 ultra-low emission vehicles and 1,200 business EV charging points installed by 2022, demonstrating a comprehensive approach to creating a more sustainable and efficient energy future for the UK.
Good Energy, a UK renewable energy sector pioneer, is the country''s largest voluntary Feed-in Tariff (FIT) administrator. Although the FIT scheme closed to new applicants in 2019, Good Energy continues to support existing FIT customers, demonstrating their commitment to renewable energy not out of obligation but genuine dedication to sustainable power generation.
Good Energy ensures continued support for their contracts for homes already receiving FIT payments, even allowing customers to switch administrators. This commitment extends to their current Solar Savings SEG tariff, which provides a competitive rate of 15p/kWh for exported electricity. A typical 4kW solar panel system can translate to annual savings of up to £705, making Good Energy an attractive option for homeowners looking to maximise their solar investments.
ScottishPower, one of the UK''s "Big Six" energy companies, offers the SmartGen tariff as part of their Smart Export Guarantee (SEG) scheme. This tariff is available to all eligible solar panel owners, even if they''re not ScottishPower customers. It is an accessible option for many solar panel owners looking to maximise their investment in renewable energy.
The SmartGen tariff offers competitive rates for excess electricity exported to the grid, with a 12p/kWh rate and annual savings of up to £684 for a typical 4kW solar panel system. As part of the Iberdrola Group, a global leader in renewable energy, ScottishPower has pledged £5.4 billion towards the UK''s green recovery, focusing on green energy infrastructure.
About Octopus energy seg tariff
As the photovoltaic (PV) industry continues to evolve, advancements in Octopus energy seg tariff have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient Octopus energy seg tariff for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various Octopus energy seg tariff featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.