Smart Energy Guarantee Scheme (SEG) injustice needs to be rectified

SolarSEGS

In simple terms I receive 3.5ppKwh for the engergy I export to the grid from my solar panels and pay Shell Energy , my supplier, 27ppKwh for the energy it supplies.  Shell had adjusted earnings of $9.1bn in Q1 2022.  The export rate was not increased when the energy cap was increased on 1st April.
I am aware that other energy providers pay a little more, Octopus 5.5p, but the differential is still too great and the export rate needs to be increased.
We are all today suffering from the highest recorded temperatures in the UK and people need to be given every incentive possible to mitigate carbon emissions and tackle climate change. 
I have written to my MP and encourage all affected by this injustice to do the same 

[Deleted User]

Switch to Octopus Agile Outgoing. 

MWT

SolarSEGS said:

In simple terms I receive 3.5ppKwh for the engergy I export to the grid from my solar panels and pay Shell Energy , my supplier, 27ppKwh for the energy it supplies.

You are not comparing the right numbers, the retail price includes delivery and other costs which are not in your SEG price.

Current fixed SEG tariff at Octopus pays 7.5p/kWh, the Agile Outgoing version can pay a lot more, and this is against a wholesale day ahead price of around 12p/kWh in June for example.

The difference is not as large as you believe, but what it does highlight is that you should aim to use as much as possible of your generation rather than exporting it, so look and see if you are missing any options like diverting for hot water for example, or EV charging...

Alnat1

There's a reason battery storage is becoming more popular, you can store up the excess generated for use overnight. For 6-7 months a year minimum import is needed from the grid, usually less than 0.5kWh for me. I also have Octopus Agile Outgoing, which was paying 61ppkWh at 6.30pm yesterday.

You also need to consider your guaranteed payments from FIT which are more than just the 3.5p on your exports. Do the maths and see if what you have is actually so bad.

Mstty

Alnat1 said:

There's a reason battery storage is becoming more popular, you can store up the excess generated for use overnight. For 6-7 months a year minimum import is needed from the grid, usually less than 0.5kWh for me. I also have Octopus Agile Outgoing, which was paying 61ppkWh at 6.30pm yesterday.

You also need to consider your guaranteed payments from FIT which are more than just the 3.5p on your exports. Do the maths and see if what you have is actually so bad.

Can you export energy from your battery at 61p kWh....my lightbulb just went off in Braincell 2

MWT

Mstty said:

Alnat1 said:

There's a reason battery storage is becoming more popular, you can store up the excess generated for use overnight. For 6-7 months a year minimum import is needed from the grid, usually less than 0.5kWh for me. I also have Octopus Agile Outgoing, which was paying 61ppkWh at 6.30pm yesterday.

You also need to consider your guaranteed payments from FIT which are more than just the 3.5p on your exports. Do the maths and see if what you have is actually so bad.

Can you export energy from your battery at 61p kWh....my lightbulb just went off in Braincell 2

With the right battery system, yes, that is the basis for the Telsa Energy Plan for example.

Store when it is cheap or diverted from Solar PV and discharge when the export is the most valuable, typically 4-7pm.

MWT

Alnat1 said:

You also need to consider your guaranteed payments from FIT which are more than just the 3.5p on your exports. Do the maths and see if what you have is actually so bad.

If someone is complaining about SEG prices, they are very unlikely to be getting FiT generation payments...

Theoretically possible, but people on deemed exports tend not to see any reason to change that to 3.5p/kWh SEG...

Mstty

MWT said:

Mstty said:

Alnat1 said:

There's a reason battery storage is becoming more popular, you can store up the excess generated for use overnight. For 6-7 months a year minimum import is needed from the grid, usually less than 0.5kWh for me. I also have Octopus Agile Outgoing, which was paying 61ppkWh at 6.30pm yesterday.

You also need to consider your guaranteed payments from FIT which are more than just the 3.5p on your exports. Do the maths and see if what you have is actually so bad.

Can you export energy from your battery at 61p kWh....my lightbulb just went off in Braincell 2

With the right battery system, yes, that is the basis for the Telsa Energy Plan for example.

Store when it is cheap or diverted from Solar PV and discharge when the export is the most valuable, typically 4-7pm.

Cheer always learning👍

Alnat1

I guess I could have emptied the battery Mstty but the solar was still sending 2.5kWh to the grid anyway at 6.30pm, the benefit of a SW facing system.

Generation does start to drop about 5.30pm now, but baseload is still covered until 8.15pm. Nights are drawing in though, a few minutes earlier each evening.