In March 2024, the best SEG tariffs and SEG rates are those that offer competitive prices for electricity while also prioritizing sustainable energy sources. These SEG tariffs typically include discounts or benefits for members of specific energy suppliers. By participating in the Smart Export Guarantee (SEG) scheme, consumers can not only save money on their energy bills but also support the transition to a greener and more environmentally friendly energy system. In today’s market, customers have a wide range of options when it comes to selecting a SEG tariff that fits their needs and values. It is important for individuals to carefully compare and evaluate different SEG tariffs from different UK energy suppliers to ensure they are getting the best possible deal for themselves and the planet.
Here are the best & worst SEG Tariffs/SEG Rates out there, as of March 2024.
| UK ENERGY SUPPLIER | PRICE (p/kWh) | NAME OF SEG TARIFF/SEG RATE |
|---|---|---|
| Octopus (own customers with a GivEnergy Solar Battery) | 35p* | Intelligent Octopus Flux |
| Octopus (own customers with a solar battery) | 30p* | Octopus Flux |
| OVO (own solar customers with a battery) | 20p | OVO SEG Tariff |
| Good Energy (own solar customers with a battery) | 20p | Solar Savings Exclusive |
| So Energy (own solar customers) | 20p | Smart Export Guarantee Tariff |
| E.On (own customers) | 16.5p | Next Export Exclusive |
| Octopus (own customers) | 15p | Outgoing Fixed |
| OVO (own solar customers) | 15p | OVO SEG Tariff |
| Scottish Power (own customers) | 15p | SmartGen+ |
| British Gas (own customers) | 15p | Export and Earn Plus |
| Good Energy (own customers with a smart meter) | 15p | Solar Savings |
| Scottish Power (non-customers) | 12p | SmartGen |
| Octopus (own customers on Go tariff) | 8p | Outgoing Fixed Lite |
| So Energy | 7.5p | So Export Flex |
| Rebel Energy | 6-10p | SEG Tariff Snail |
| British Gas (non-customers) | 6.4p | Export & Earn Flex |
| EDF (own customers) | 5.6p | Export Variable Value |
| Utility Warehouse (customers) | 5.6p | UW Smart Export Guarantee – Bundle |
| Pozitive Energy | 5p | SEG tariff |
| Octopus (non-customers) | 4.1p | Outgoing Go |
| OVO (non-customers) | 4p | OVO SEG Tariff |
| Utilita | 3p | Utilita Smart Export Guarantee |
| EDF (non-customers) | 3p | Export Variable |
| E.ON (non-customers) | 3p | Next Export |
| Utility Warehouse | 2p | UW Smart Export Guarantee – Standard |
| E | 1p | E SEG January2020v.1 |
You should note that your current energy supplier does not need to be your Smart Export Guarantee (SEG) Scheme tariff supplier – these can be two separate companies. Any energy suppliers who are part of the Smart Export Guarantee (SEG) Scheme are obliged to offer you a SEG tariff, and this can be either fixed or variable; with the terms and conditions being set by the energy supplier. Smart Export Guarantee (SEG) Scheme tariffs can change over time, so be sure to carry out regular checks on whether your SEG tariff is still competitive.
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Frequently Asked Questions about the SEG scheme
The Smart Export Guarantee (SEG) scheme enables small-scale low-carbon generators, like homeowners, to receive payments from electricity suppliers for electricity exported to the National Grid, providing certain criteria are met.
The Smart Export Guarantee (SEG) is a good idea. It forces energy suppliers to financially reward consumers who send their excess renewable energy back to the National Grid, which makes the UK’s electricity cleaner, greener and cheaper. However, its fatal flaw is that energy companies can pay any amount for your energy as there is no standard rate.
Who Offers the Best SEG Rates? At present, energy supplier Octopus Energy offers the best SEG tariff export rate in the UK. They pay 35p for every kWh you provide from your solar or another renewable system to the National Grid. The catch with Octopus Energy is the fact that you have to be one of their current energy customers to get the higher SEG rate, otherwise its SEG tariff for non-customers is only 4.1p kWh.
If you generate renewable electricity in your home or business, you can feed back into the National Grid any electricity that you don’t use. Under the Smart Export Guarantee (SEG) scheme you will be paid for every unit (kWh) of electricity that you feed back to the National Grid. You will need to have your solar PV system installed by a MCS Certified Solar PV (Panels) Installer like NXTGEN Energy, as you are required to have an MCS Certificate. An MCS Certificate proves that your Solar PV System has been correctly installed to MCS standards.
This, of course, is on top of the lower energy bills that you should be able to enjoy as a result of your solar energy investment. Currently Octopus Energy pays the best rate for excess solar energy exported back to the National Grid at a rate of 35p per kWh. E (Gas & Electricity) pays the lowest at 1p per kWh.
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