This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

New law guarantees payment for exporting electricity

11 June 2019

Facilities of all types with renewable energy installations of up to 5MW will be paid for electricity exported to the grid following the introduction of a new law.

This is the result of the government's Smart Export Guarantee (SEG), which includes electricity produced by both businesses and residential settings.

The owners of the premises or systems will receive payment for each unit of electricity sold to the National Grid, which will be tracked by smart meters.

Energy suppliers with more than 150,000 customers will now be legally obliged to introduce export tariffs by 1 January 2020.

According to Infrastructure Intelligence, suppliers such as Octopus and Bulb have already established so-called 'smart tariffs', with some schemes offering better rates than than the previous Feed-in Tariff (FiT) scheme.

The government received criticism for its running of the FiT, which quickly became over-subscribed and resulted in cuts being made and the scheme losing popularity as renewable energy suppliers and businesses went into liquidation.

With the FiT scheme primarily involving solar PV installations, it closed to new entrants at the end of March this year.

SEG is intended to encourage more businesses and homes to install renewable energy systems that will export energy to the grid.

With the price of solar PV panels having reduced by 50% in the last eight years, it is expected that the SEG will see added interest in this technology, particularly when including battery storage.


Print this page | E-mail this page

http://www.fsifm.com
http://www.lutron.com/europe/Products/Pages/WholeBuildingSystems/Vive/Overview.aspx?utm_source=Dig&utm_campaign=Cpg_029&utm_medium=PFM&utm_content=web_banner&utm_term=300x250


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

PFM Partnership Awards 2019 finalists confirmed

This year’s finalists for the PFM Awards Partnership categories have now been confirmed, signalling the start of the next phase of the judging process....
Article image

Launch of 'new presence in FM' confirmed

The launch of Wates FM has been announced today as a new business with expanded nationwide capabilities....
Article image

Industry action confirmed to drive construction licensing scheme

Joint effort by industry bodies has been announced to create a mandatory licensing scheme for the UK construction sector with a view to raising quality and...
Article image

EXCLUSIVE Inside Canon UK's environment-friendly building in Reigate

At Canon UK sustainability and FM are inextricably linked. PFM visited the Woodhatch site in Reigate to report on the effectiveness of this approach....
Article image

Richard Byatt funeral details confirmed

The date for the funeral of former PFM editor Richard Byatt has been confirmed for the morning of 18 June....
https://www.metrorod.co.uk/
PFM