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Electricity costs going up but why is SEG staying so low?
Comments
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Unless we have a smart grid with smart meters (which function properly) resulting in more and more consumers and generators moving to Octopus like companies, the SEG is not going to increase.“Don't raise your voice, improve your argument." - Desmond Tutu
System 1 - 14 x 250W SunModule SW + Enphase ME215 microinverters (July 2015)
System 2 - 9.2 KWp + Enphase IQ7+ and IQ8AC (Feb 22 & Sep 24) + Givenergy AC Coupled inverter + 2 * 8.2KWh Battery (May 2022) + Mitsubishi 7.1 KW and 2* Daikin 2.5 KW A2A Heat Pump0 -
Good news from Octopus, now 7.5p kw.
nologoDeepest Kent. 4.6kW Growatt inverter, solar i boost+ 5.9kW Solar Edge
ok so far...1 -
Meatballs said:
4.1p...nologo said:Good news from Octopus, now 7.5p kw.
nologo
7.5p is the new off-peak Go price...4.1p is the Octopus SEG rate, if you get your electricity from AN Other supplier (or Go / Go Faster).7.5p is the Outgoing Fixed rate for Octopus electricity customers (not Go / Go Faster).https://octopus.energy/outgoing/ for details.N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 33MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!2 -
It would make sense if SEG prices were linked to the time of year (like a simpler version of Agile) . A unit exported in December or January is worth more to the grid than one in May or June.Northern Lincolnshire. 7.8 kWp system, (4.2 kw west facing panels , 3.6 kw east facing), Solis inverters, Solar IBoost water heater, Mitsubishi SRK35ZS-S and SRK20ZS-S Wall Mounted Inverter Heat Pumps, ex Nissan Leaf owner)0
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If you're on Octopus and not to Go tariff, it makes no sense to not be on the Agile Outgoing tariff, average unit price is typically over 20p!4.29kWp Solar system, 45/55 South/West split in cloudy rainy Cumbria.2
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Ah apologies I stand correctedQrizB said:Meatballs said:
4.1p...nologo said:Good news from Octopus, now 7.5p kw.
nologo
7.5p is the new off-peak Go price...4.1p is the Octopus SEG rate, if you get your electricity from AN Other supplier (or Go / Go Faster).7.5p is the Outgoing Fixed rate for Octopus electricity customers (not Go / Go Faster).https://octopus.energy/outgoing/ for details.
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Article on SEG prices and a table of current rates:
SEG tariffs under review: How have they changed in their first two years amidst market turmoil
Mart. Cardiff. 8.72 kWp PV systems (2.12 SSW 4.6 ESE & 2.0 WNW). 20kWh battery storage. Two A2A units for cleaner heating. Two BEV's for cleaner driving.
For general PV advice please see the PV FAQ thread on the Green & Ethical Board.2 -
... what will be interesting will be to see if anyone responds to Octopus's recent increase. That would be a sign of a healthy market.0
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7.5p to buy and 30p to sell? Seems terribly unfair and is the perfect example of a need for government intervention- 10 x 400w LG + 6 x 550W SHARP BiFacial Panels + SE 3680 HD Wave Inverter + SE Optimizers. SE London.
- Triple aspect. (22% ENE/ 33% SSE/ 45% WSW)
- Viessmann 200-W on Advanced Weather Comp. (the most efficient gas boiler sold)Feel free to DM me if I can help with any energy saving!0
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