Export tariffs - FIT, SEG, Octopus Outgoing Agile

NedS

https://forums.moneysavingexpert.com/discussion/comment/81889322#Comment_81889322

@Magnitio Yes, I used IOF last summer and was very pleased.

It's a great tariff whilst you are a net exporter, which for us is April to September, as long as you don't mind handing over control of your battery. Happy to answer any questions you may have.

mickyduck55

I guess pylontech batteries / Lux inverters have fallen out of favour as there is no IOF option for these brands?

Screwdriva

Thanks to a suggestion from @Shortsy, I contacted Ecotricity who offer the following:

1 Year EcoFixed E7 Jan 26 v1

Green Fixed Electricity

Unit rate day: 23.99p/kWh

Unit rate night: 16.42p/kWh

Standing charge: 51.83p per day

Green Fixed Gas

Unit rate: 4.64p/kWh

Standing charge: 58.76p per day

 These prices are fixed into place for 12 months

All prices quoted include VAT at 5%.

Exit fees of £75 per fuel 

SEG Export rate: 16p per kWh. No plans to change this in the foreseeable as this rate was launched in 12/2025.

For net exporters who can shift most of their heavy appliance consumption to the 12-5am window, this offers a way to achieve proximity to parity on import/ export without a battery. Even their green gas tariff is lower than Tracker has been on its best day in the past few years. As we export 5X what we consume, I expect we will "earn" an additional ~£300 per year (vs. staying with Octopus).

My disappointment with Octopus as a company (Chinese turbines, unethical JA Solar panels and now cutting SEG) has pushed me away. I've been hesitant to give up Octopus's superior customer service quality levels but found Ecotricity to be comparable - they still had a "small business" vibe to them, where colleagues knew each other by name. They're also much "greener" than Octopus. I liked this enough to give them a go!

Qyburn

https://forums.moneysavingexpert.com/discussion/comment/81895863#Comment_81895863

Have you started the switch yet? Would be very interesting to hear how the switch went in terms of getting export credits up and running with the new supplier.

Screwdriva

https://forums.moneysavingexpert.com/discussion/comment/81896283#Comment_81896283

I have - there is a basic form to fill on their website once you've been switched over as an import customer. I expect to be up and running early next month.

QrizB

Here are the numbers for February, my first month on metered export with Octopus.

• Generated: 104.51 kWh (from my generation meter)
• Exported: 21 kWh (from the export register on my smart meter)

So, on the face of it I only exported (and will only be paid for) 20% of my generation, not the 50% deemed that I would have received had I not changed my FIT export.

But of course, the tariffs are different.

• 50% of 104.51 kWh @ 5.07p/kWh = £2.65
• 21 kWh @ 15p/kWh = £3.15

So I'm 50p better off for February on metered export 😃

Now, 50p isn't much but then February was a pretty dark and gloomy month so I self-consumed 80% of my generation. I've already exported ~20kWh for March of ~43kWh generated, so I should be up more this month despite Outgoing being cut to 12p/kWh.

Insert Borat "great success" meme here!

Screwdriva

Insert Borat "it's very nice"

Screwdriva

https://forums.moneysavingexpert.com/discussion/comment/81895863#Comment_81895863

Just received the following reductions to our fixed tariff (sadly, no longer on offer to the public from 4/3/26) from Ecotricity. I struggle to comprehend how this reduction was allowed to continue, despite the geopolitical premiums now factored into fuel prices, but I will continue to thank my Stars for fixing in the nick of time. Export SEG still at 16p for now.

NedS

https://forums.moneysavingexpert.com/discussion/comment/81922225#Comment_81922225

I'm sure you know the answer.

Ofgem set the cap based on a backward looking model, based on prices for the last 3 months, so the current market instabilities will not filter through into the Ofgem cap until July. Expect the Ofgem cap to increase significantly for both gas and electricity in July.

WRT your energy supplier, hopefully they have good visibility to exactly how much energy their customers use, and will have purchased that energy in advance via Power Purchase Agreements (PPA's). Those that have (all the big energy suppliers) will be just fine, but those smaller utility providers who haven't likely end up going bust as they now cannot pass on their costs to their customers. It's one of the reasons why it's so hard for smaller/new entrants to the market as scale really matters here.

Screwdriva

I don't think it had anything to do with the Ofgem cap, which is why I remain perplexed. According to Ecotricity:

"The government intervention, announced in the Autumn 2025 Budget, means the removal of two taxes from energy bills. Ecotricity wasn’t paying one of the taxes that the government have removed, due to our size (the ECO scheme) but we were paying the other one (Renewables Obligation)"

On the supplier profitability piece, I know Octopus is in a bind, which is why they have taken down nearly all their loss leading tariffs for now (EV tariffs being the only exception I know of) and reduced SEG. I suspect this is because they have been promoting fixed tariffs for a while now, to your point.