Jun
11

Gov't to implement Smart Export Guarantee



BEIS have announced they plan to implement the Smart Export Guarantee (SEG) following the publication of their response to the consultation (read more here).


The Smart Export Guarantee will place a legal obligation on suppliers with over 150,000 customers  to introduce export tariffs. Following in the footsteps of the Feed-in Tariffs scheme (closed in March 2019), the SEG will enable small scale producers of electricity to sell their excess back to the grid. One of the key differences between the SEG and the FIT export tariff, is that the SEG must be metered, the FIT export tariff deemed 50% was exported. 


You can read the press release here.