PV solar panels with export tariff rates.
PV export tariffs.
PV solar panels today generate with an export tariff and offer a permanent solution to living in the 21st-century.
The Smart Export Guarantee pays PV-owners for their surplus power. The numbers speak for themselves.
Export tariff hot pick.
Today's best 'Export Tariff' is Octopus Energy.
Currently, they guarantee of 5.5p per kWh for every unit you export. Outgoing Agile matches your half-hourly prices with day-ahead wholesale rates.
Alternatively, combine a 4 kW PV system with battery storage, and earnings of 436.00 GBP per year become possible. That's over 50% more.
Rates from 1st January 2020.
|Octopus Energy||Outgoing Fixed||5.5p|
|E.On||Fix & Export Exclusive V1||5.5p|
|OVO||OVO SEG Tariff||4.0p|
|ScottishPower||Smart Export Variable||4.0p|
|SSE||Smart Export Tariff||3.5p|
|EDF||Export & Earn||3.5p|
|Npower||Fix & Export V1||3.0p|
|Centrica/British Gas||Export and Earn Flex||1.5p|
|Green Network Energy||SEG Tariff||1.0p|
|Utility Warehouse||UW Smart Export Guarantee||0.5p|
|Shell Energy||SEG Tariff||0.0001p|
"Remuneration for your excess power maximises the return-on-investment over a three-decades lifespan."
Return on investment?
Smart Export Guarantee tariff rates on its starting day on1st January 2020.
A minimum tax-free return on investment of around 7% with higher rate tariffs. 11-14% when used with battery storage and charging an EV.Get a quote
Who, when, why?
There are currently approx 900,000 domestic PV adoptions that grew significantly since 2009 with 2 million installations projected by 2024 in the UK alone.
This growth in adoption is down to the rising costs of traditional energy, lower costs in PV products and improved technology.
A new dawn beckons with export tariffs and electric vehicle adoption.
Exciting time ahead.
Grants or other incentives for solar panels?
Generating income and independence from the sun is the incentive.
Historically, grants and incentives in the UK began with the Blue Skies solar grant for solar heating back in 2004.
The Blue Skies grant scheme ended in 2008, to make way for an early feed-in tariff scheme.
The feed-in tariff incentivised the earliest PV solar industry up to 2016. Today, selling power using the Smart Export Guarantee is the incentive for homeowners adopt solar panels.
Will PV produce all my electricity needs?
In most cases, no. However, it can do a substantial portion.
Each case varies depending on your consumption rate, geographical location, roof orientation and the size of the system installed.
Installers can predict output with high-precision nowadays.
What about surplus power?
When you're generating at a surplus, you can automatically redirect to battery storage, hot water heating, or charge an electric car.
After that, it will automatically feed into the National Grid, and you'll get financially rewarded for your contributions via the 'Export Tariff'.
If I don't have suitable a roof?
PV-arrays can also be ground-mounted to allow those without roof space to benefit too. We see this today with a growing number of solar farms.
How much will a PV system cost?
Our quotation service provide options, prices and professional advice.
"Light is life."
Founder of Power My Home.