Smart Export Guarantee Rates UK

Last updated: November 15, 2023

If you have solar panels or are thinking of installing them, you have probably heard of the Smart Export Guarantee (SEG).

The SEG launched on 1 January 2020 and is a government-backed initiative. 

The SEG requires all UK energy suppliers to pay those who generate low-carbon electricity when they export it back to national grid.

This of course includes the electricity generated from domestic solar panels.

So how much can you expect to earn? Here we compare the current rates you can expect…

Smart Export Guarantee Rates UK 2022

The table below shows the current rates currently on offer, bear in mind that the table will be updated regularly in line with price changes.

SupplierTariff NameTariff Type Tariff LengthTariff Rate (/kW)Payment CycleIncludes Battery StorageMust be on supplier import tariff
1Social EnergySocial Energy HubNo longer offers SEG tariffN/AN/AN/AN/AN/A
2TeslaTesla Energy Plan¹FixedUnknown12.0pUnknownYes (must be Tesla Powerwall)Yes (Octopus Energy)
3TeslaTesla Energy Plan²FixedUnknown10.0pUnknownYes (must be Tesla Powerwall) Yes (Octopus Energy)
4Social EnergySmarter ExportNo longer offers SEG tariff N/AN/AN/AN/AN/A
5Bulb EnergyExport PaymentsFixedNo fixed end date5.57p3 monthsYesYes
6Octopus EnergyOutgoing FixedFixed12-month fixed term 7.5pMonthlyYesYes
E.ON EnergyNext Export ExclusiveFixed12-month fixed term5.5pUnknownUnknownYes
8OVO EnergyOVO SEG TariffFixed12-month fixed term 4.0p3 monthsDependent on InstallationNo
ScottishPowerSmart Export Variable TariffCurrently FixedNo fixed end date5.5p6 monthsUnknownNo
10SSESmart Export TariffFixedNo fixed end date3.5p12 monthsUnknownYes
Shell EnergySEG V1TariffCurrently FixedNo fixed end date3.5p12 monthsUnknownYes
12British GasExport & Earn FlexCurrently FixedNo fixed end date3.2p6 monthsYesNo
13E.ON EnergyNext ExportFixed12-month fixed term 3.0pUnknownUnknownNo
14Utility WarehouseUW Smart Export GuaranteeFixedNo fixed end date2.0pUnknownUnknownUnknown
15EDF EnergyExport+EarnFixed12-month fixed term1.5pUnknownUnknownUnknown

Table last updated September 2022.

How much money will you save with solar panels?

A new solar panel system can save you around half of your electricity bill on average and the financial gains to be made are even more impressive with the new Energy Price Cap taking effect.

See how much energy you could generate based on your postcode:

For example, the average household with a 4.2 kW solar system could save you as much as £514 a year on your energy bills (based on the new October price cap).

If you also use a solar battery, you could save even more, in fact, without one around 50% is returned back to the National Grid.

So by using a solar battery you could save an extra £230 on average or sell the energy back to the grid using the Smart Export Guarantee (SEG).

The SEG allows you sell the energy you generate back to the grid and depending on the supplier you choose you could sell it at 7.5p for every kilowatt hour (kWh).

Therefore, to conclude you could save as much as £744 a year for the average sized home (that’s the £514 from the energy generation itself and £230 in SEG revenues you’ll generate for the year).