solar panels

madminiman

I have owned my solar panels since 2010 and get paid quarterly from SSE. My Gas & Electric are now supplied by B Gas via direct debit.  As the gas & electric are rocketing up 
would it be beneficial to combine them together to lower my bills?

Benny2020

No, what difference do you think it would make?

markin

Look into Octopus, they always try to be under the Cap. I don't know if they will take you on now but keep an eye on it.

https://octopus.energy/tariffs/

The is no advantage of moving to SSE just because they give you the FIT.

madminiman

Wasn't sure, it may be I wouldn't need to purchase as many kw/h from my supplier & could use some of the kw/h I sell to SSE 
reducing my bill

Petriix

madminiman said:

Wasn't sure, it may be I wouldn't need to purchase as many kw/h from my supplier & could use some of the kw/h I sell to SSE 
reducing my bill

Sadly that's not how it works. But, from 2010 you should be on a cracking FIT rate.
I'd totally recommend Octopus. You can get a £50 referral credit. Also take a look at the Ripple wind farm. 

[Deleted User]

madminiman said:

Wasn't sure, it may be I wouldn't need to purchase as many kw/h from my supplier & could use some of the kw/h I sell to SSE 
reducing my bill

When you installed PV Solar you signed a contract with the Government. It agreed to pay you for all the energy that your system generates, and for exports to the Grid based on 50% of your generation. That said, you do have an option to forego your export payments (not your FIT). You can then apply for what is known as a SEG payment for ALL the electricity that your system exports to the Grid. I have SEG payments from Octopus. I get a monthly bill which shows my import costs which sits alongside a payment for all the electricity that my system exports. 

Let use assume that you have an annual usage requirement of 3000kWh/year. Your home doesn’t care whether the home requirement is met from the solar on your roof or from the Grid. If you want to reduce your Grid import cost then your challenge is to use as much of the solar that your roof produces: why pay 27p/kWh for import when you don’t have to? The ‘downside’ of this under SEG is that you might lose up to 7.5p/kWh for energy that you do not export.

Only you can calculate whether you will make more money be staying on export payments or SEG. If your export was, say, 25% of what your roof produces then you might be better off on 50% deemed export. If you export 75% then SEG may pay you more.