Everything you need to know about the Smart Export Guarantee

The Solar industry transformed from subsidised, under Feed in Tariff (FiT) , to marketised with Smart Export Guarantee (SEG).  Naked Solar’s mission to improve the solar industry includes bringing you the facts about Solar Export Guarantee so you can make the best choices for your Solar Life.

What is Smart Export Guarantee (SEG)?

The Smart Export Guarantee (SEG) is effectively the market’s way of saying “thank you” for the green energy you generate but don’t use.

How does Smart Export Guarantee (SEG) work?

How does Smart Export Guarantee (SEG) work?

Choosing the right Tariff

so here’s the 6 facts you need to know.

  • You can shop around to get the best rate for your exported energy.
  • Smart Tariffs are available which pay different rates at different times of day.
  • Most Tariffs will simply pay a flat rate per kWh no matter what time of day the export happens.
  • Systems claiming FIT are eligible by opting out of the Export element of thier payments while still keeping the lucrative FIT payments.
  • Your energy supplier will need to install a smart meter if you don’t already have one.
  • Make sure your Solar PV system is installed by an MCS accredited installer.
  • Many customers take advantage of charging batteries on off-peak electric to export at lucrative peak-rates with Solar Grid Trading.

Each energy supplier will have their own terms and conditions as to who can apply for the SEG with them, some will require them to be your main energy supplier, all will need proof that your solar install has been undertaken by an MCS qualified installer like Naked Solar.

Please read all the Energy Suppliers contract information before choosing who to export your solar energy to.  Remember that Solar Grid Trading rates will vary as often as energy prices do and choosing a Solar PV & Battery Storage system is a longer term decision.  Before being tempted by any special offers to entice you to choose a system because it’s linked to a current tariff, bear in mind this may lead to dissapointment in a couple of years when the tariff changes.

Smart Export Guarantee - Frequently Asked Questions

  • Once your system is installed and you have received your MCS certificate, you need to apply directly through your chosen energy supplier. They will typically require proof of your MCS certification and may ask for your Microgeneration Certification Scheme (MCS) reference number.

  • No, this is a common misconception with SEG. The SEG only pays you for the electricity you export to the grid (your solar generation that you don’t use for your home).

    You “earn” by saving money on your electricity bill through self-consumption and getting paid for any excess you send back to the grid.

  • Yes. To be eligible for most SEG tariffs, your energy supplier will need a smart meter that can provide half-hourly readings to accurately measure your solar generation exported to the grid.

  • Yes!

    In fact, many Naked Solar customers utilise Battery Storage to maximise SEG’s benefits. With a battery, you can engage in “Solar Grid Trading“—where you use your battery to charge from the grid when electricity is cheap (off-peak) and export it to the grid when rates are high.

  • It’s not possible receive both the export element of the old FiT and the SEG at the same time.

    However, you can often opt out of the FiT export payments to switch to a more lucrative SEG tariff, all while continuing to receive your existing FiT generation payments.

  • Yes!

    In fact, many Naked Solar customers utilise Battery Storage to maximise SEG’s benefits. With a battery, you can engage in “Solar Grid Trading“—where you use your battery to charge from the grid when electricity is cheap (off-peak) and export it to the grid when rates are high.

  • There is no fixed industry rate, so your earnings depend entirely on the tariff you choose. Rates currently range from as little as 2p to over 20p per kWh. On average, a typical domestic solar system might earn between £150 and £500+ per year, depending on whether you have a battery, your household energy usage habits, and which supplier tariff you are on.

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