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Smart Export Guarantee

SEG Scheme

The Smart Export Guarantee (SEG) is a government initiative that was introduced in January 2020 to replace the Feed-in Tariff (FIT) scheme. The aim of the SEG is to incentivize homeowners and businesses to generate renewable energy and export any excess electricity back to the National Grid.

Under the SEG, energy suppliers with more than 150,000 customers are required to offer a tariff to their customers who generate renewable energy and wish to export it back to the grid. The tariff must be greater than zero and must be offered to all eligible customers.

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Sell Excess Energy Back to the Grid

How Does SEG Work for Solar Panels

If you have solar panels installed on your property and you generate excess electricity, you can sell this back to the grid and receive payment through the SEG. The amount you receive will depend on the tariff rate offered by your energy supplier.

To be eligible for the SEG, you must have a renewable energy generator with a capacity of up to 5 MW. This includes solar panels, wind turbines, and hydroelectric generators. You must also have a smart metre installed that can measure the amount of electricity you generate and export back to the grid.
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What are the benefits of the SEG for the solar panel industry?​

The introduction of the SEG has been a positive development for the solar panel industry. It has provided homeowners and businesses with a financial incentive to generate renewable energy and export any excess electricity back to the grid.

The SEG has also created a more competitive market for energy suppliers, which has led to an increase in the number of tariffs available to customers. This has given consumers more choice and has helped to drive down the cost of renewable energy.

In addition, the SEG has helped to promote the use of smart meters, which provide more accurate readings of energy usage and enable customers to better manage their energy consumption.
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