Smart Export Guarantee (SEG) tariff
The Smart Export Guarantee (SEG) is an alternative to the Feed in Tariff (FiT), which closed to new applicants in March 2019. It’s a new government scheme to pay small-scale renewable energy generators for electricity they export to the National Grid.
From 1st January 2020, all energy suppliers with 150,000 or more domestic customers will need to provide at least one export tariff. Smaller suppliers can offer a tariff if they wish.
Here at OVO we’re looking at how we’ll offer this plan to our members and will update our website as soon as we can.