Smart Export Guarantee (SEG)
Home and businesses generating renewable and low-carbon electricity are guaranteed money for power supplied to the grid.
Introduced by the government on Monday 10 June 2019, new homes and businesses creating 50kW or less and exporting surplus electricity to the grid will be provided a payment from suppliers under a new government scheme.
The Smart Export Guarantee (SEG) will ensure small-scale electricity generators installing solar, wind or other forms of renewable generation with an electrical capacity of 50kW or less will be paid for each unit of electricity they sell to the grid, tracked by their smart meter.
The previous Feed-in Tariff (FiT) scheme closed to new entrants from 31 March 2019.
SEG is designed to continue to grow the small-scale renewables export mark by supporting local generation.
To benefit from the SEG
Installations up to and including 50kW in size must use MCS certified technology
Installations up to and including 50kW in size must be installed by an MCS certified installer
Exported power must be metered, with a meter capable of reporting exports on a half hourly basis
It is expected that mandated suppliers will have to offer at least one SEG compliant tariff from 1 January 2020.
For more information on SEG please read this