As electricity suppliers constantly change their energy prices, there couldn’t be a better time to consider installing solar panels for your home. This will not only help you save on energy bills but also enhance your commitment to environmental sustainability. Additionally, you’ll have the chance to earn income from the surplus energy you contribute back to the grid, thanks to the Government’s Smart Export Guarantee (SEG). It’s a smart step towards energy efficiency and financial savings for your home.
The Smart Export Guarantee (SEG) pays homeowners and businesses for renewable electricity they generate but don’t use. It came into force in January 2020 and replaces the previous Feed-in Tariff (FIT) scheme.
The Smart Export Guarantee is a clean energy initiative set up by the government that rewards households and businesses in Great Britain for generating their own renewable electricity. The scheme allows customers who generate excess energy to send it to the national grid in exchange for a small payment. This scheme is an updated version of the Feed-in Tariff scheme which was cancelled a while back.
Rather than the government simply subsidising households and businesses for generating electricity, the SEG makes it so that energy suppliers e.g. British Gas, can buy surplus energy from the customer instead. Suppliers stipulate a price per kilowatt-hour (kWh) for the electricity that the customer generates and exports. Suppliers all offer a different rate for SEG in the same way they all offer a different rate for buying in electricity therefore, you can shop around to get the best rate. You don’t have to get your SEG tariff from the same supplier as your main electricity account.
You must also have an export meter to be able to send the electricity back to the grid. It’s important to note that you do not qualify to receive the Smart Export Guarantee if you already benefit from a Feed-in Tariff.
We understand there are a lot of questions around having solar installed on your property. You need to be sure the system you are installing is perfect for your property and will save the maximum amount for your energy bills. We are always here to help and put your mind at ease, answering any questions you may have. You can contact us directly on 0800 292 2929 to discuss your home. To make this process even easier, we have put together some of the solar panel questions we get asked most.
The cost of solar panel installation can vary widely depending on several factors, including the size of your system, the type of solar panels you choose, and the complexity of your installation. We provide personalised quotes to ensure you understand all the costs and savings associated with your specific situation.
Savings from solar panels can be substantial over the lifetime of your system. The exact amount you’ll save depends on your local electricity rates, the size of your solar system, and how much electricity you use. On average, homeowners can reduce their electricity bills by 50% to 90%. Any excess electricity your panels generate can be sold back to the grid, providing additional savings or credits on your bill. We offer a detailed analysis to estimate your potential savings based on your unique energy needs and local rates.
Choosing the right solar panels and system size is crucial for maximising your investment. We start by evaluating your current electricity usage, roof space, sun exposure, and any shading on your property. Based on this information, we recommend the type of solar panels and system size that would be most efficient and cost-effective for your home. Our goal is to ensure your system meets your energy needs, fits your budget, and optimises your return on investment.
Installing solar panels can significantly increase your home’s value. Studies have shown that homes with solar panels sell for more than homes without them. The exact increase in value depends on the location of your home, the size of your solar system, and the current market trends. Additionally, solar panels can make your home more attractive to buyers, potentially leading to a quicker sale. Solar warranties and incentives can often be transferred to the new homeowner, adding further value to your property.
It is easy to find how much you could save with our range of renewable energy solutions.
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