Selling Energy From Solar Back To The Grid

jemimavintage_2

Hi Forum!! 

We are putting more energy back into the grid than we are using at the moment, from solar. We're with Octopus and there's no option to sell that energy back to them. But apparently there *is* a way of selling energy back to the grid via a different company (ie we'd like to stay with Octopus because they've been pretty good to us----but we heard there's a way of selling any excess back to a different company??). Does anyone know anything about this option? I don't know anything about it and my husband has tasked me with finding a way of doing it.. 

thanks in advance for any help/info!!

matt_drummer

Hi,

Octopus will pay you for exporting electricity, I'm not sure why you think they won't.

You have to have a smart meter.

Depending on your electricity tariff there are at least two different options, their standard SEG (Smart Export Guarantee) and Outgoing Octopus.

Outgoing Octopus offers fixed and variable rates and I think you can also get paid on their Flux tariff.

If you are receiving FIT payments you will be on deemed export of 50% of your production. If that is the case you need to consider how much you are exporting and whether it is worth giving up the deemed export payments to receive payment for the amount you actually export.

Reed_Richards

Octopus actually pays better rates for your exported electricity than any other company.  

MWT

Reed_Richards said:

Octopus actually pays better rates for your exported electricity than any other company.  

Not if you can only use their basic SEG tariff, British Gas offer more...

As long as you are not on one of their EV Smart tariffs though, I agree.

[Deleted User]

MWT said:

Reed_Richards said:

Octopus actually pays better rates for your exported electricity than any other company.  

Not if you can only use their basic SEG tariff, British Gas offer more...

As long as you are not on one of their EV Smart tariffs though, I agree.

SP appears to offer more than BG but less than Agile Fixed at 15p/kWh.

Suppliers appear to be tightening up on the eligibility criteria. For example, SP now wants an installation diagram to show that any connected battery cannot export to the Grid. The issue seems to be 'brown electricity'.

I am presently on Octopus Flux with export payments as high as £0.37p/kWh.

powerful_Rogue

Have a look at Octopus Flux and see if it works for you.

https://octopus.energy/smart/flux/