āļø Energy companies offer the best SEG rates to their own customers
āļø The highest SEG rate pays 40p per kWh – if you meet the qualifying conditions
āļø The best no-strings SEG tariff available to non-customers pays 12p per kWh
In June 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/SEG rate 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.
Best & Worst SEG Tariffs/SEG Rates out there, as of June 2024.
Energy Company | SEG Tariff Name | Who Can Access This SEG Tariff | SEG rate per kWh |
E.ON Next | Next Export Premium Plus | E.ON Next customers who have had both solar panels and a battery installed by E.ON after 1/1/2024 | 40p(a) |
Octopus Energy | Intelligent Octopus Flux | Octopus customers who have solar panels and a GivEnergy battery | 27p(b) |
E.ON Next | Next Export Premium | E.ON Next customers who have had solar panels installed by E.ON after 1/1/2024 | 25p(a) |
Octopus Energy | Octopus Flux | Octopus customers who have solar panels and a battery | 21p(c) |
Ovo Energy | Ovo SEG Tariff | Ovo customers in eligible area who bought solar panels and battery through Ovo | 20p |
Good Energy | Solar Savings Exclusive | Good Energy customers in eligible area who have solar panels and battery installed by Good Energy solar installers | 20p |
So Energy | So Bright | So Energy customers who have solar panels and battery installed through So Energy | 20p(d) |
E.ON Next | Next Export Exclusive | E.ON Next customers, or non-customers who solar installed by E.ON | 16.5p |
Octopus Energy | Outgoing Fixed | Octopus customers(e) | 15p |
Ovo Energy | Ovo SEG Tariff | Ovo customers in eligible area who bought solar panels through Ovo | 15p |
Scottish Power | SmartGen+ | Anyone who bought solar panels and/or battery through Scottish Power | 15p |
British Gas | Export and Earn Plus | British Gas customers | 15p |
Good Energy | Solar Savings | Good Energy customers | 15p |
Scottish Power | SmartGen | Everyone | 12p |
Octopus Energy | Outgoing Fixed Lite | Octopus customers who have an EV | 8p |
British Gas | Export and Earn Flex | Everyone | 6.4p |
Rebel Energy | SEG Tariff | Everyone | 6p |
EDF Energy | Export Variable Value | EDF customers | 5.6p |
Utility Warehouse | UW SEG – Bundle | Utility Warehouse customers who use three or more Utility Warehouse services | 5.6p |
So Energy | So Export Flex | Everyone | 4.5p |
Octopus Energy | SEG Tariff | Everyone | 4.1p |
Ovo Energy | Ovo SEG Tariff | Everyone | 4p |
Good Energy | Export Only | Everyone | 4p |
Utilita | Utilita Smart Export Guarantee | Everyone | 3p |
EDF Energy | Export Variable | Everyone | 3p |
E.ON Next | Next Export | Everyone | 3p |
Utility Warehouse | UW SEG – Standard | Everyone | 2p |
E | E SEG January2020v.1 | Everyone | 1p |
You should note that your current energy supplier does not need to be your Smart Export Guarantee (SEG) Scheme tariff supplier ā 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.
If you are interested in installing solar panels at your home or business, contact us today on 01268 928 690 or via the ‘Enquire Now’ button below. We are an accredited MCS installer of solar panels and battery storage solutions so we can install your complete Solar PV System to MCS Standards and we can help you with every step of the process, from a free no-obligation quote and solar PV system design service to installation to aftercare.
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 E.ON Next offers the best SEG tariff export rate in the UK. They pay 40p for every kWh you provide from your solar or another renewable system to the National Grid. The catch with E.ON Next is the fact that you have to be a E.ON Next customer who has had both solar panels and a battery installed by E.ON after 1/1/2024, otherwise its SEG tariff for non-customers is only 3p 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 E.ON Next pays the best rate for excess solar energy exported back to the National Grid at a rate of 40p per kWh. E (Gas & Electricity) pays the lowest at 1p per kWh.
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