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Bulb and Smart Export Guarantee (SEG) payments
allthatIcando
Posts: 6 Forumite
in Energy
Hello,
Now that Bulb have gone into administration, does anyone know if SEG payments from my solar panels are still guaranteed, or should I assume I will not receive any more? I received the last one as recently as October 2021.
Granted I might not make much over the winter anyway, but I would like to know. I cannot find any answer to this question on their website (or elsewhere), nor are they answering my emails. I know my large credit balance is protected, but what about the agreement I had with them to pay for the energy I am exporting?
Thanks
0
Comments
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Administrators will need for than a few days to sort it all out .
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Sadly, SEG payments are not guaranteed when your supplier goes bust. See this thread for details:N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.1 -
In this case though Bulb are still trading under the SAP so it should not be assumed that the SEG payments will stop, but it may be prudent to at least look for an alternative to move the SEG generation to if necessary...QrizB said:Sadly, SEG payments are not guaranteed when your supplier goes bust. See this thread for details:
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Thanks a lot for the replies - I guess it might not be clear for a while.0
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The administrator process running Bulb keeps it fully operational. I have been paid my SEG dues per normal, so probably not much to worry about. However, as has been said, maybe start looking for another supplier anyway.0
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