In this article, we will look at how to sell electricity from solar panels, how payments work and how much money you could make sending your excess solar energy back to the grid in the UK.
How do I sell excess electricity generated by my solar PV system?
Micro combined heat and power (micro-CHP) systems that generate electricity and heat at the same time, from the same source. To sell excess electricity generated by your solar PV system, you need to apply directly to a licensed SEG tariff supplier. Your SEG licensee doesn't have to be your current top-up electricity supplier.
Can you sell solar energy back to the National Grid?
Householders and businesses with solar panels installed, who generate more renewable electricity than they need, can sell energy back to the National Grid under the Smart Export Guarantee (SEG). An increasing number of people are now benefiting from this government-backed initiative, and you could be one of them.
Can I export solar energy if I store it in batteries?
If you store your excess solar energy in batteries, you won't get any tariffs for it. This will not lower the solar battery storage price. However, solar storage is covered by the SEG in some instances, meaning that if you export stored energy you could still qualify for the export tariff.
It's important to note that even though you can export solar energy back to the grid at any time of day through the SEG, the payments you receive for transferring energy may differ depending on when the transfer is made. Some suppliers offer different tariffs for peak and off-peak energy demand hours.
Customers who have had solar panels and/or a battery storage system installed by E.ON Energy Installation Services Ltd or Eco2Solar Ltd up to a total installed capacity of 15kW. You'll receive 3p per kWh of electricity you export on a 12-month fixed-term export tariff. There are no exit fees. Available to:
You'll receive 21p per kWh of electricity you export on a 24-month fixed-term export tariff. Available to: Customers whose electricity is supplied by E.ON Next. AND have had solar panels and/or a battery storage system installed by E.ON Energy Installation Services Ltd or Eco2Solar Ltd up to a total installed capacity of 15kW.