☀️ Energy companies offer the best SEG rates to their own customers

☀️ The highest SEG rate pays 40p per kWh – if you meet the qualifying conditions

☀️ 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 CompanySEG Tariff NameWho Can Access This SEG TariffSEG rate per kWh 
E.ON NextNext Export Premium PlusE.ON Next customers who have had both solar panels and a battery installed by E.ON after 1/1/202440p(a)
Octopus EnergyIntelligent Octopus FluxOctopus customers who have solar panels and a GivEnergy battery27p(b)
E.ON NextNext Export PremiumE.ON Next customers who have had solar panels installed by E.ON after 1/1/202425p(a)
Octopus EnergyOctopus FluxOctopus customers who have solar panels and a battery21p(c)
Ovo EnergyOvo SEG TariffOvo customers in eligible area who bought solar panels and battery through Ovo20p
Good EnergySolar Savings ExclusiveGood Energy customers in eligible area who have solar panels and battery installed by Good Energy solar installers20p
So EnergySo BrightSo Energy customers who have solar panels and battery installed through So Energy20p(d)
E.ON NextNext Export ExclusiveE.ON Next customers, or non-customers who solar installed by E.ON16.5p
Octopus EnergyOutgoing FixedOctopus customers(e)15p
Ovo EnergyOvo SEG TariffOvo customers in eligible area who bought solar panels through Ovo15p
Scottish PowerSmartGen+Anyone who bought solar panels and/or battery through Scottish Power15p
British GasExport and Earn PlusBritish Gas customers15p
Good EnergySolar SavingsGood Energy customers15p
Scottish PowerSmartGenEveryone12p
Octopus EnergyOutgoing Fixed LiteOctopus customers who have an EV8p
British GasExport and Earn FlexEveryone6.4p
Rebel EnergySEG TariffEveryone6p
EDF EnergyExport Variable ValueEDF customers5.6p
Utility WarehouseUW SEG – BundleUtility Warehouse customers who use three or more Utility Warehouse services5.6p
So EnergySo Export FlexEveryone4.5p
Octopus EnergySEG TariffEveryone 4.1p
Ovo EnergyOvo SEG TariffEveryone 4p
Good Energy Export OnlyEveryone4p
UtilitaUtilita Smart Export GuaranteeEveryone3p
EDF Energy Export VariableEveryone3p
E.ON NextNext ExportEveryone3p
Utility WarehouseUW SEG – StandardEveryone2p
EE SEG January2020v.1Everyone1p
Rates correct in 3 June 2024. (a) Rate fixed for 12 months. (b) Time-of-use tariff, approx. 27p average. Peak rates 4-7pm. (c) Time-of-use tariff, approx. 21p average. Peak rates 4-7pm; low rates 2-5am. (d) Fixed for 12 months; thereafter So Export Flex rate, 4.5p/kWh. (e) Only Octopus Energy customers (not white labels) can benefit from its Outgoing Fixed 15p/kWh rate. White labels include Affect Energy, M&S Energy, London Power and Co-op Energy.

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.

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

What is the Smart Export Guarantee (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.

Is the Smart Export Guarantee (SEG) scheme worth it?

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 pays the best Smart Export Guarantee (SEG) tariff?

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.

Can I sell electricity back to the National Grid?

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.

Who pays the most for solar electricity?

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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