SEG V’s FIT ?

davidjames1701

I had solar panels fitted in 2015 and claim on the FIT scheme for them, the FIT scheme has now ended and been replaced by the SEG Scheme, I’m having more solar panels fitted with separate generation meters, can I claim for power generated by them from the SEG scheme and still claim for the power generated from the original panels by the FIT Scheme or will i have to leave the FIT scheme ? 

[Deleted User]

You do not have to leave the FIT scheme. However, you will only retain the FIT if you do not make changes to the original installation. That said, you can add additional panels and a second inverter and be paid SEG for the energy that you export as recorded by a smart meter. For simplicity, most people elect to change all their export payments to SEG: that is you forgo the 50% deemed export under the FIT scheme. If you do this you will still get FIT 
payments for the energy generated as recorded by your original generation meter.

Bear in mind, you will need DNO approval for any potential exports >3.86kWs.

QrizB

Just to add - do not leave the FIT scheme. In most cases it's considerably more lucrative than SEG.

As Dolor says, unless you have some novel metering system you'll have to switch from deemed export to metered on the FIT system, but that might leave you better off anyway (depending how much of the FIT energy you self-consume).

paddytt

We are on FITS but on a very low rate since our old grade 2 thatched cottage couldn’t score better than a D on the EPC.  I see Octopus are paying 7.5p, I think we are getting half that from BG, are we likely to be one of the few where it’s worth switching?

[Deleted User]

paddytt said:

We are on FITS but on a very low rate since our old grade 2 thatched cottage couldn’t score better than a D on the EPC.  I see Octopus are paying 7.5p, I think we are getting half that from BG, are we likely to be one of the few where it’s worth switching?

Only you can answer that question. A number of suppliers will only pay a reduced SEG if you don’t switch your import tariff to them. For you to claim SEG from Octopus they will want to see MCS Certification and DNO approval for your installation. They will also require you to agree to a smart meter.

It follows that before you make a decision you need to look at your import costs and the amount of money you get from solar exports under the FIT scheme. Under SEG you will only be paid for actual energy exported: it follows that 50% deemed export might generate more income than actual export under SEG.

I should add that SEG is reversible after 12 months. I would imagine the process is a lot easier if the SEG payer is also the FIT payer.

paddytt

This is all a bit of a mystery to me to be honest…  I’m usually right on top of all financial issues but I’m not familiar with solar to have any feeling what is right and wrong.  
Here’s our situation:
- 3 phase electricity supply
- 9.6kW bound mount system feeding 2 of the three phases
- producing an average of 7.9kW per year 
- one phase connected to house, 3 people in house with normal daily usage (no electric car (yet) for example)
- annual earnings between £200 and £300 per year
Thanks for any advice…
thanks
TT

gefnew

Try here may find some more people with solar systems who can advise.
https://forums.moneysavingexpert.com/categories/green-ethical-moneysaving