Tariffs and Incentives
Smart Export Gaurantee – Solar PV
The Smart Export Gaurantee (SEG) came into effect from the 1st January 2020 and is mainly used in conjunction with Solar PV installations. It is a scheme where if you have a Solar PV systemed your are gauranteed a minimum amount for each unit of electricity you export to the grid.
To be eligible for the SEG you will need:
- A MCS certified Solar PV installation or another form of small scale electrical generation
- A smart meter
- An agreement with an electricity supplier (lincencee) to pay you for the electricity you supply to the grid
A Solar Panel 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 more information on the Smart Export Guarantee click here: Ofgem SEG pages
To qualify for the SEG scheme you need to use an MCS Accredited installer such as EnergyMyWay. We understand the benefits of the system and how it can work best for you.
Boiler Upgrade Scheme – Air Source and Ground Source Heat Pumps
The boiler upgrade scheme is the replacement scheme for Domestic Renewable Heat Incentive 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 / custom builds.
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 £5,000. For an eligible GSHP installation there will be a one off payment on completion of the installation of £6,000. The scheme doesn’t come into effect until May 2022.
If you would like information about either the Boiler Upgrade Scheme (BUS), or the Smart Export Guarantee (SEG) scheme to find out how you could benefit contact your local EnergyMyWay office.