How much will I receive if I export electricity?

You'll receive 25p per kWh of electricity you export on a 12-month fixed-term export tariff. Available to : Customers whose electricity is supplied by E.ON Next and have had solar panels installed by E.ON Solar and Storage team from 1 January 2024.

Who receives a tariff on Eon next solar & storage?

Customers whose electricity is supplied by E.ON Next. OR: Customers who bought their solar installation from the E.ON Solar and Storage team but do not have their electricity supplied by E.ON Next. You'll receive 25p per kWh of electricity you export on a 12-month fixed-term export tariff.

Can I receive payments via the SEG for excess electricity?

To be eligible to receive payments via the SEG for the excess electricity you export to the grid, you’ll need to satisfy the following requirements: You’ll need an export meter with an export Meter Point Administration Number (MPAN).

Do energy suppliers have to pay for electricity exported to the grid?

For example, your battery could store electricity from the grid before exporting it later. Energy suppliers don’t have to pay you for non-renewable electricity exported to the grid, but some may choose to do so. Some suppliers may only pay the SEG for the electricity your low-carbon system generates itself.

Do solar batteries get a higher SEG tariff?

Solar batteries can secure a higher SEG tariff depending on the licensee you opt for. Some of the best pence per kilowatt hours (p/kWh) SEG rates on the market – Octopus Energy’s Intelligent Octopus Flux (35p) and Octopus Flux (30p) tariffs, as well as Good Energy’s Solar Savings Exclusive (20p) – are only available with a solar battery.

Do SEG payments save money on energy bills?

SEG payments and the savings you’ll make on your energy bills will go a long way in dictating how quickly you’ll be able to recoup the initial costs of your solar panel investment. The SEG is like paying your electricity bill but in reverse.