Tariffs and Incentives
Smart Export Guarantee – Solar PV
The Smart Export Guarantee (SEG) came into effect on the 1st January 2020 and is predominantly relates to Solar PV installations. The scheme ensures a guaranteed income for each unit of electricity your solar array exports to the grid.
To be eligible for the SEG you will need:
- An MCS certified Solar PV installation
- A smart meter
- An agreement with an electricity supplier (lincencee) to pay you for the electricity you supply to the grid
A solar installation from EnergyMyWay will qualify in most cases for the SEG and we can help you understand how much you could receive in payments under this scheme.
For further information on the Smart Export Guarantee click here: Ofgem SEG pages
To qualify for the SEG scheme you need to appoint an MCS Accredited installer such as EnergyMyWay to carry out your installation.
Boiler Upgrade Scheme – Air Source and Ground Source Heat Pumps
The Boiler Upgrade Scheme is the replacement for Domestic Renewable Heat Incentive (RHI) which ended on 31st March 2022. The Boiler Upgrade Scheme (BUS) offers a one off payment for those who choose to install a renewable heating technology in their home. It is available for existing households and self or custom builders.
EnergyMyWay are able to offer installations of Air Source Heat Pumps (ASHP) and Ground Source Heat Pumps (GSHP) that will qualify for payments under this scheme.
For an eligible ASHP installation there will be a one off payment on completion of the installation of £7,500. For an eligible GSHP installation there will be a one off payment on completion of the installation of £7,500.
If you would like further information about either the Boiler Upgrade Scheme (BUS) or the Smart Export Guarantee (SEG) please contact your local EnergyMyWay office.