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Power Generators and OFGEM and the ECO economics of Solar Power

debitcardmayhem Posts: 12,509 Forumite

9 January 2023 at 8:19PM edited 2 June 2023 at 4:17PM in Ask An Expert: Archive

My question is does anyone else think that SEG tariffs are a scam. I get charged 34p per KwH of power I use , thanks government for keeping it so low!!. My solar panels when it's sunny , generate more power than I can use/store (I have a battery) and they pay me 4p hmmm. I don't really agree with windfall taxes on oil companies, but they the Government are paying subsidies to Solar/Wind/Nukes etc aren't too keen to put windfall taxes on wind(sorry) or other "green" generators.

I realise this sounds "political" but 34p in vs 4p out seems like the scam of a lifetime , I can't even get tax relief on my capital expenditure.

Now Katie or even ML is it a scam?

4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed dec 24 @ 5.74 tracker again+ Octopus Intelligent Flux leccy

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Ask An Expert: Not Chosen · Last Updated 2 June 2023 at 4:08PM

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Power Generators and OFGEM and the ECO economics of Solar Power

Ask An Expert: Not Chosen · Last Updated 2 June 2023 at 4:08PM

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