What are the best SEG rates?

Exporting-to-the-grid
Last updated on 14 October 202411 min read

Here are the best export tariffs you can use to earn money from the excess solar electricity you send to the grid.

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Written byJosh Jackman
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Best SEG rates: at a glance

šŸ™ The best export tariff is Intelligent Octopus Flux

With this tariff, customers who choose Octopus as their energy supplier (and have a compatible brand of battery) can typically gain 29.4p for every kWh (kilowatt-hour) of solar electricity they export between 4pm and 7pm, and 22p per kWh at all other times.

After that, the next best tariff is standard Octopus Flux, which again pays two different rates at off-peak and peak times, averaging out at 21p per kWh.

šŸ¤ Companies give the highest rates to their own customers

Every energy supplier with more than 150,000 customers is legally compelled to offer a Smart Export Guarantee (SEG) rate to everyone, regardless of whether someone is their customer or not.

However, most energy suppliers have also developed additional solar export tariffs that aren't strictly part of the SEG scheme. These other tariffs are usually much more lucrative than the basic SEG rates, but are typically only available to customers.

But it's easy to switch energy suppliers in order to sign up for one of these tariffs.

šŸ’· ScottishPowerā€™s 12p per kWh tariff is the best option with no strings

If you donā€™t want to switch your energy supplier, your best choice is ScottishPowerā€™s SmartGen tariff, which currently pays all solar generators 12p per kWh.

However, if you donā€™t mind changing who you get your electricity from to earn more from your solar output, there are better choices.

šŸ“ˆ Export rates are the highest theyā€™ve been since the Feed-in Tariff ended

The average SEG payment is 12p per kWh, though many solar households can access a higher export tariff if they're willing to switch import suppliers. This is higher than the 2023 average of 10p per kWh, and miles higher than the average in the months after the SEG launched in 2020.

The top SEG tariff is Intelligent Octopus Flux, which has an average peak rate of 29.4p per kWh. Two years ago, the best rate was 7.5p per kWh.

šŸš— Most solar homes with an EV should choose Octopus Outgoing Fixed

The average household with an EV charger will use roughly 5,000kWh per year.

If your homeā€™s usage is lower than that, you should consider choosing Octopus Outgoing Fixed for your export tariff (and Intelligent Octopus Go for your import tariff).

You can make money from sending your excess solar electricity to the grid ā€“ but to get the highest returns possible, you have to pick the right rate for your home.

There are dozens of tariffs with different requirements, and even the best ones are often only the right choice for certain households. In this guide, weā€™ll run through the best export rates for the different types of solar homes.

To qualify for any of these tariffs, youā€™ll need a smart meter and documents to prove your solar installation is certified. However, you can access these tariffs regardless of whether you've paid the upfront cost of solar panels or opted for a solar subscription.

If you would like to see the savings you could get from a solar & battery system, just answer a few quick questions below, and weā€™ll provide an estimate.

What are the best Smart Export Guarantee rates?

The best overall export tariff is Intelligent Octopus Flux.

With this tariff, customers who choose Octopus as their energy supplier can typically gain 29.4p for every kWh (kilowatt-hour) of solar electricity they export between 4pm and 7pm, and 22.1p per kWh at all other times.

After that, it's standard Octopus Flux, which pays three rates: off-peak, day, and peak. The average rates youā€™ll receive are 4.6p, 13p, and 26p, respectively.

Overall, this works out better than the next best tariff, which is E.ON's 21p per kWh offering.

If you donā€™t want to switch your energy supplier, your best choice is ScottishPowerā€™s SmartGen tariff, which currently pays all solar generators 12p per kWh.

Provider Name of tariff Rate (p/kWh) Customers only? Avg annual income**
Octopus Intelligent Octopus Flux 29.4* Yes Ā£350
Octopus Octopus Flux 26* Yes Ā£317
E.ON Next Export Premium v2 21 Yes Ā£266
OVO OVO SEG Tariff (exclusive) 20 Yes Ā£254
EDF Empower Exclusive 20 Yes Ā£254
So Energy So Bright 20 Yes Ā£254
E.ON Next Export Exclusive 16.5 Yes Ā£209
British Gas Export and Earn Plus 15.1 Yes Ā£192
Octopus Outgoing Fixed 15 Yes Ā£190
ScottishPower SmartGen+ 15 Yes Ā£190
Good Energy Solar Savings 15 Yes Ā£190
OVO OVO SEG Tariff 15 Yes Ā£190
ScottishPower SmartGen 12 No Ā£152
Octopus Outgoing Fixed Lite 8 Yes Ā£102
EDF Export Variable Value 5.6 Yes Ā£71
Utility Warehouse UW Smart Export Guarantee - Bundle 5.6 Yes Ā£71
Pozitive Energy SEG tariff 5 No Ā£63
So Energy So Export Flex 4.5 No Ā£57
Octopus SEG tariff 4.1 No Ā£52
OVO OVO SEG Tariff 4 No Ā£51
Good Energy Export Only 4 No Ā£51
British Gas Export & Earn Flex 3.02 No Ā£81
Utilita Utilita Smart Export Guarantee 3 No Ā£38
EDF Export Variable 3 No Ā£38
E.ON Next Export 3 No Ā£38
Utility Warehouse UW Smart Export Guarantee - Standard 2 No Ā£25
Rebel Energy Snail 1 No Ā£13
E E SEG January2020v.1 1 No Ā£13

* Time of use tariffs pay different amounts depending on the time of day and their location in the UK. For those tariffs, weā€™ve given the average peak rate.


** These figures are based on a home with a 4.4kWp system, a 5.2kWh battery, an annual consumption of 3,500kWh, and typical UK solar irradiance, which exports 34% of its solar electricity. Intelligent Octopus Flux and Octopus Flux also generate additional income by using electricity arbitrage ā€“ that is, charging from the grid at cheaper times, then exporting back to the grid at more profitable times. Weā€™ve used lower rates to estimate the income from these tariffs, to be conservative.

The Smart Export Guarantee (SEG) is a government-backed initiative that compels energy suppliers with more than 150,000 customers to pay small-scale generators for the excess solar electricity they send to the grid.

However, language has evolved since the SEGā€™s beginnings in 2020, and the term is now often used to refer to all export tariffs, even those that aren't part of the scheme. They all perform the same function, so we've included all of them on our page.

šŸ¤” Thinking of going solar? Here's why a larger system makes sense ā¬‡ļø

When youā€™re switching to solar, it's worth getting as large a solar & battery system as you can.

A few extra solar panels won't add much to the overall cost, but in most cases they'll have a big impact on your energy bill savings.

And for the majority of homes, a larger battery will significantly increase the value you get from your solar panels.

To understand all the key reasons in detail, check out the articles below.

The best SEG rates: explained

1. Intelligent Octopus Flux

Intelligent Octopus Flux is the best choice for Octopus customers who have solar panels and a compatible brand of battery.

If the only thing stopping you from signing up for this tariff is having to switch to Octopus, weā€™d recommend doing so in most cases ā€“ as long as it makes financial sense to your household.

With Intelligent Octopus Flux, youā€™ll receive 29.4p per kWh you send to the grid from 4pm to 7pm, and 22.1p per kWh the rest of the day.

This is a massively profitable pair of rates ā€“ and you can earn more by exporting all your excess electricity at peak times, which Octopus can do for you.

With Intelligent Octopus Flux, youā€™ll also maximise your profits by engaging in electricity arbitrage ā€“ meaning the supplier will buy electricity from the grid at night, when itā€™s cheapest, then sell it back to the grid at peak times, when itā€™s most expensive.

Everything you need to know

Feature Extra info
Rate per kWh 29.4p*
Avg export earnings Ā£350
How to qualify

ā€¢ Receive grid electricity from Octopus

ā€¢ Own solar panels & an eligible battery

ā€¢ Own an Apple or Android smartphone or tablet

Payment schedule Monthly
Exit fee None
Tariff type Variable

* Time of use tariffs pay different amounts depending on the time of day and their location in the UK. For this tariff, weā€™ve given the average peak rate.

If you'd like to sign up for Intelligent Octopus Flux, click the button below.

2. Octopus Flux

Octopus Flux is a variable tariff that pays you different amounts depending on when you export your solar electricity, and also where you live in the UK.

Generally speaking, if you export between 2am and 5am, youā€™ll only be paid about 4.6p per kWh ā€“ but if you send your electricity to the grid between 4pm and 7pm, the rate will rocket up to around 26p per kWh.

If you export your energy at other times, youā€™ll typically make about 13p per kWh ā€“ but if you export as much electricity as you can during peak hours, you can earn a lot more.

All you need to access this rate is to be an Octopus customer, and own a solar panel system that includes a battery.

This tariff doesnā€™t pay as much as Intelligent Octopus Flux, but it is less restrictive about which battery you can have.

However, youā€™ll have to use your solar app ā€“ usually created by the inverterā€™s manufacturer ā€“ to manually set your battery to export at a certain time every day.

Everything you need to know

Feature Extra info
Rate per kWh 26p*
Avg export earnings Ā£317
How to qualify

ā€¢ Receive grid electricity from Octopus

ā€¢ Own solar panels and a battery

Payment schedule Monthly
Exit fee None
Tariff type Variable

* Time of use tariffs pay different amounts depending on the time of day and their location in the UK. For this tariff, weā€™ve given the average peak rate.

If you'd like to sign up for Octopus Flux, click the button below.

Verified expert

Once youā€™ve got solar panels, it can be tempting to stick with your current energy supplier and not go through the faff of switching, even if another supplier offers higher export tariffs - but in most cases itā€™s always worth the switch. It may only be a matter of a few extra pence per kWh, but over several years this will mount up and make a huge difference to your energy bills.

Alfie Ireland, Head of Operations & Technical at Sunsave

Alfie Ireland

Head of Operations & Technical at Sunsave

Alfie has worked in green tech for over a decade. During his four years at OVO, he helped develop the worldā€™s largest domestic vehicle-to-grid trial.

3. E.ON Next Export Premium v2

This is E.ON's best export tariff, after the company ended its 40p per kWh Premium Plus rate in October 2024, after just six months.

The Premium v2 tariff should be less of a flash in the pan ā€“ though it does require you to buy your solar panels through E.ON's Solar and Storage team, and import your electricity from E.ON too.

You don't need to get a battery to qualify, but a solar panel system is usually more profitable with one ā€“ and if you get it installed at the same time, it typically cuts your battery costs.

Everything you need to know

Feature Extra info
Rate per kWh 21p
Avg export earnings Ā£266
How to qualify

ā€¢ Buy solar panels through E.ON

ā€¢ Receive grid electricity through E.ON

Payment schedule Annually, or quarterly if requested
Exit fee None
Tariff type Fixed

4. OVO SEG Tariff (exclusive)

If you receive electricity from OVO, and buy its solar package ā€“ which includes a storage battery ā€“ you can access the companyā€™s highest SEG rate of 20p per kWh.

Like most export tariffs, OVOā€™s offering applies at any time of the day ā€“ though 20p is the highest flat rate available, if youā€™re happy to switch suppliers.

Apart from requiring you to buy solar panels, a battery, and grid electricity through OVO, the main drawback of this tariff is that itā€™s not nationwide.

When OVO Solar launched in 2023, it was only available in Wales and south-west England ā€“ some of the best places in the UK to have solar panels.

The campaign has since expanded to most parts of England and Scotland, but itā€™s still not available in places including Cambridge, Ipswich, Liverpool, Manchester, and Northampton.

Everything you need to know

Feature Extra info
Rate per kWh 20p
Avg export earnings Ā£254
How to qualify

ā€¢ Buy solar panels and a battery through OVO

ā€¢ Receive grid electricity through OVO

ā€¢ Live in an eligible area

Payment schedule Quarterly
Exit fee Ā£15
Tariff type Fixed

5. EDF Empower Exclusive

Energy giant EDF launched this 20p per kWh tariff in June 2024, after more than four years of paying solar customers a maximum of 5.6p per kWh.

Itā€™s an import and export tariff, meaning you also have to receive your grid electricity from EDF, and it comes without an electricity standing charge, which will save you around Ā£220 per year.

Youā€™ll also pay 10p less than the Ofgem price cap for electricity you import between 1am and 4am ā€“ but there's a catch. You'll pay 10p more than the cap for any electricity you use at the peak time of 4-7pm.

And in its eligibility criteria, EDF cautions potential customers: ā€œIf weā€™re unable to communicate with your meter at any time, we wonā€™t be able to keep you on our Empower Exclusive tariff and youā€™ll be placed on our single rate Standard Variable tariff.ā€

EDFā€™s standard variable export tariff currently pays 3p per kWh rate, so be warned.

Everything you need to know

Feature Extra info
Rate per kWh 20p
Avg export earnings Ā£254
How to qualify

ā€¢ Buy solar panels or a battery through EDF subsidiary Contact Solar

ā€¢ Receive grid electricity from EDF

Payment schedule Quarterly
Exit fee None
Tariff type Variable

6. So Energy So Bright

This promotional rate is only available until the end of 2024.

And you can only qualify if you got solar panels and a battery installed through So Energy before the cut-off point ā€“ which was the end of August.

If you made it in time, you'll still be automatically moved to the company's So Export Flex rate when 2025 starts, which means getting paid a relatively measly 4.5p per kWh.

So Export Flex operates on a 30-day rolling contract with no exit fee, you can easily sign up to a different company's tariff.

But it's still best to avoid temporary promotional rates like this one unless they pay more than the best rate on the market ā€“ which So Bright doesn't.

Everything you need to know

Feature Extra info
Rate per kWh 20p
Avg export earnings Ā£254
How to qualify

ā€¢ Buy solar & battery system from So Energy before the end of August 2024

Payment schedule Monthly
Exit fee None
Tariff type Fixed

7. E.ON Next Export Exclusive

If E.ON supplies you with electricity, you can take advantage of this decently generous export tariff without needing to get E.ON-installed solar panels.

16.5p per kWh rate is the highest rate you can get without needing to either buy your solar installation through the same company ā€“ in the case of OVO ā€“ or get a specific piece of gear, in the case of Octopusā€™s battery requirements.

Just like with OVO and Good Energy, youā€™ll be guaranteed to receive this rate until your contract ends ā€“ but you have to request quarterly payments, or E.ON will pay you annually.

Everything you need to know

Feature Extra info
Rate per kWh 16.5p
Avg export earnings Ā£209
How to qualify

ā€¢ Receive grid electricity from E.ON

or

ā€¢ Buy a solar installation from E.ON

Payment schedule Annually, or quarterly if requested
Exit fee None
Tariff type Fixed
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8. British Gas Export and Earn Plus

In October 2024, British Gas raised this tariff from 15p to 15.1p per kWh, successfully launching it above the 15p per kWh tariffs.

Its qualifying conditions are pleasingly limited: you just have to import your electricity from British Gas.

Households donā€™t even need a full solar installation to be eligible ā€“ so if you donā€™t have panels yet, you can start using this tariff with just a battery.

Everything you need to know

Feature Extra info
Rate per kWh 15.1p
Avg export earnings Ā£190
How to qualify

ā€¢ Receive grid electricity from British Gas

ā€¢ Own solar panels or a battery

Payment schedule Quarterly
Exit fee None
Tariff type Variable

9. Octopus Outgoing Fixed

This is Octopusā€™s simplest export tariff.

All you need to do is get your grid electricity from Octopus, and every month youā€™ll receive 15p for every kWh your solar panels export, which is a reasonably good rate.

If youā€™re not looking to get a solar battery, and if youā€™d rather have Octopus as a supplier than E.ON or British Gas, this is your best choice.

Everything you need to know

Feature Extra info
Rate per kWh 15p
Avg export earnings Ā£190
How to qualify

ā€¢ Receive grid electricity from Octopus

ā€¢ Own solar panels

Payment schedule Monthly
Exit fee None
Tariff type Fixed

a landscape with a series of electricity pylons set against a sunset

10. ScottishPower SmartGen+

This 15p per kWh tariff is a good offer for households who want to purchase either solar panels or a battery from ScottishPower, but not their grid electricity.

This flexibility makes SmartGen+ stand out in a crowded field ā€“ and if youā€™re completely wedded to your energy supplier, this is the option for you.

However, if you donā€™t mind switching suppliers to earn more from your solar output, there are better choices.

Octopus Flux and E.ON Next Export Exclusive tariffs offer higher rates, and donā€™t mind which company is responsible for your solar installation, as long as itā€™s appropriately certified.

SmartGen+ is variable, so you could technically end up making more with ScottishPower ā€“ but all else being equal, you wonā€™t.

Everything you need to know

Feature Extra info
Rate per kWh 15p
Avg export earnings Ā£190
How to qualify

ā€¢ Buy solar panels and/or battery through ScottishPower

Payment schedule Every 90 days
Exit fee None
Tariff type Variable

11. Good Energy Solar Savings

This is the best choice for customers who want Good Energy to supply their grid electricity, but would rather have flexibility in all other areas.

The Solar Savings tariff requires you to own solar panels and a battery, but you donā€™t have to go through Good Energy to get them installed.

However, if youā€™re willing to use a different electricity provider, you can make more on other tariffs.

Everything you need to know

Feature Extra info
Rate per kWh 15p
Avg export earnings Ā£190
How to qualify

ā€¢ Receive grid electricity through one of Good Energyā€™s eligible tariffs

ā€¢ Own solar panels and a battery

Payment schedule Quarterly
Exit fee None
Tariff type Fixed

12. OVO SEG Tariff

To access this 15p per kWh rate, youā€™ll need to have solar panels installed through OVO, and to get your electricity through the Bristol-based company too.

Like OVOā€™s other export tariffs, it comes with a Ā£15 exit fee, and is only available in certain areas ā€“ a list which includes London, Birmingham, and Edinburgh, but not Liverpool or Manchester.

So if you like getting your electricity from OVO, live in an eligible region, and would rather not buy a battery through OVO ā€“ or at all ā€“ this may be the tariff for you.

However, if your only issue is not wanting to buy a battery, E.ON's 16.5p per kWh rate is both higher and widely available across the UK.

Everything you need to know

Feature Extra info
Rate per kWh 15p
Avg export earnings Ā£190
How to qualify

ā€¢ Buy solar panels through OVO

ā€¢ Receive grid electricity through OVO

ā€¢ Live in an eligible area

Payment schedule Quarterly
Exit fee Ā£15
Tariff type Fixed

13. ScottishPower SmartGen

ScottishPower SmartGen is the best tariff on the market for customers who want to choose their energy supplier and solar installer.

If you donā€™t like being forced to use a specific product, this 12p per kWh is significantly better than the next-best option of its kind, Pozitive Energyā€™s 5p per kWh tariff.

If youā€™re choosing between the two, you can earn 140% more by signing up with ScottishPower for your SEG tariff ā€“ with no strings or downsides.

Everything you need to know

Feature Extra info
Rate per kWh 12p
Avg export earnings Ā£152
How to qualify

ā€¢ Own solar panels

Payment schedule Every 90 days
Exit fee None
Tariff type Variable

What is the best SEG rate for you?

The highest SEG rate for a household with solar panels and a battery is Intelligent Octopus Flux.

However, every homeā€™s energy consumption and preferences are different, so no tariff will be perfect for every customer.

If you add an electric vehicle to your solar and battery system, you may well make more money on Intelligent Octopus Go, while heat pump customers will probably get better returns on Cosy Octopus.

You should also ask yourself whether youā€™d be comfortable switching suppliers, how much it matters to you who installs your solar panel system, and whether you want the security of a fixed tariff, or the potentially higher profits of a variable rate.

Thereā€™s a best SEG rate for everyone. For example, if you donā€™t mind who your supplier or installer is, you should generally choose Intelligent Octopus Flux ā€“ but if you donā€™t want a battery, E.ON Next Export Exclusive is your best option.

And if you decide youā€™re not ready for solar panels yet, but you do want a storage battery, thereā€™s a best SEG rate for you too: British Gasā€™s Export and Earn Plus tariff.

At Sunsave, weā€™ll always help you choose the best export tariff for your situation.

Just solar panels

If you already have solar panels and donā€™t fancy adding a storage battery, your best options are E.ON Next Export Exclusive ā€“ which pays 16.5p per kWh ā€“ and Octopus Outgoing Fixed, which pays 15p per kWh.

If switching suppliers isnā€™t for you, but you donā€™t mind buying your solar panels through ScottishPower, the supplierā€™s 15p per kWh SmartGen+ tariff could suit you perfectly.

Alternatively, ScottishPowerā€™s SmartGen tariff is available to anyone with solar panels, no matter your electricity supplier ā€“ though it only pays 12p per kWh.

Solar panels and a battery

Intelligent Octopus Flux is the ideal tariff for households with solar panels and a battery.

However, if you donā€™t have ā€“ or want to get ā€“ one of the batteries thatā€™s compatible with this tariff, you can get Octopus Flux, the second-best export tariff on the market at the moment.

And if you donā€™t want to have to change suppliers, you could get a solar & battery system from EDF and sign up to the 20p per kWh Empower Exclusive tariff.

If you donā€™t want to have to go through EDF to get your system, Octopusā€™s 15p per kWh Outgoing Fixed rate is the tariff for you. All you need is a system.

Solar panels, battery, & heat pump

If you want to use some of the free solar electricity youā€™ll generate to lower your heating bills, you may want to get a heat pump.

In this case, you should probably choose Cosy Octopus, which comes with a Cosy Rate from 4am to 7am, 1pm to 4pm, and 10pm to 12am thatā€™s around 50% cheaper than your regionā€™s Flexible Octopus rate.

If your solar panel system is bigger than 5kWp though, Intelligent Octopus Flux will likely be the better choice for you.

Solar panels, battery, & EV charger

The average household with an EV charger will use roughly 5,000kWh per year.

If your homeā€™s usage is lower than that, you should consider choosing Octopus Outgoing Fixed for your export tariff (and Intelligent Octopus Go for your import tariff).

Alternatively, if you consume less than 5,000kWh of electricity each year, Intelligent Octopus Flux will almost certainly be your ideal pick.

Solar panels, battery, heat pump, & EV charger

If youā€™re using electricity to power your heat pump and EV, youā€™ll likely consume around 8,000kWh annually.

Itā€™s therefore most likely that your household should sign up to Octopus Outgoing Fixed.

However, if your consumption is lower than 6,000kWh, you may be better off choosing Intelligent Octopus Flux.

In all cases though, weā€™ll help you make the right choice for your home.

Next steps

Export tariffs have come a long way since the Smart Export Guarantee was introduced in 2020.

With Intelligent Octopus Flux, you and your supplier will pay each other identical amounts for each kWh of electricity. Whether itā€™s the solar power you send them, or the electricity you get from the grid, it costs the same.

That represents huge progress, as does the sheer amount of variety, which allows households to pick a decent export rate no matter their inclinations over suppliers, installers, and types of system.

Sunsave can help you model your consumption and lay out all the best options for you, so you can choose the best tariff for your home.

If youā€™re interested in how much you could save with a solar & battery system, just answer a few quick questions below, and weā€™ll provide an estimate.

Best SEG rates: FAQs

What is the best SEG tariff?

The best SEG tariff is Intelligent Octopus Flux, as it gets you the highest average peak rate.

However, you should consider a number of factors before choosing a tariff, including whether you want solar panels, a battery, or both, how open you are to changing suppliers, who youā€™d like to carry out your installation, and whether youā€™d rather sign up to a variable or fixed rate.

The best rate for solar panel owners who donā€™t want to switch energy providers is ScottishPowerā€™s SmartGen tariff, which pays 12p per kWh.

If you have a heat pump, you should consider Cosy Octopus, or if you have an electric vehicle, Intelligent Octopus Go may be your ideal tariff.

Are SEG payments likely to increase?

SEG payments are likely to increase as electricity prices stay high.

Since Russiaā€™s invasion of Ukraine started in 2022, the cost of energy for domestic consumers has stayed around 80% higher than it was previously.

Companies have gradually raised their SEG tariffs to more fairly compensate solar panel owners for the electricity they export, but many suppliers ā€“ like So Energy, Utility Warehouse, and Utilita ā€“ still have plenty of ground to make up.

What is the average SEG payment?

The average SEG payment is 12p per kWh, though all solar households can access a higher export tariff without switching import suppliers.

However, the best SEG tariff is Intelligent Octopus Flux, which pays an average peak rate of 29.4p per kWh, and the average household can earn around Ā£350 per year on this tariff.

This is based on a household experiencing average UK irradiance with a 4.4kWp solar panel system and a 5.2kWh battery, using 3,500kWh of electricity each year.

Whatā€™s the best import tariff to use with an export tariff?

If you pick a tariff that only offers an export rate, youā€™ll have to get a separate import tariff for the electricity you get from the grid.

Your export tariff may require you to be an import customer too, in which case youā€™ll only be able to choose from a limited number of tariffs offered by your export tariff provider.

If not, you should endeavour to find an import tariff with the lowest rate and standing charge in your area.

Ultimately, the best option is usually to sign up to Intelligent Octopus Flux, which comes with import and export rates that match each other throughout the day.

Who pays the best SEG rates in the UK?

Octopus pays the best SEG rates in the UK.

The supplierā€™s Intelligent Octopus Flux and Octopus Flux tariffs come with average peak rates of 29.4p and 26p per kWh respectively.

This is streets ahead of OVO and EDF ā€“ which offer 20p per kWh rates under specific circumstances ā€“ and the 15.1p per kWh tariff provided by British Gas.

Do you pay tax on SEG payments?

You donā€™t have to pay tax on SEG payments in the great majority of scenarios.

Your SEG income will be tax-free as long as your solar panel system is installed at a residential property you own, and you donā€™t intend for your panels to generate significantly more electricity than you consume.

This is usually interpreted as meaning 20% more than your annual electricity consumption, which is extremely rare.

And even if you donā€™t fulfil these criteria, you can still class your SEG payments as ā€˜trading and miscellaneous incomeā€™, which allows you to earn up to Ā£1,000 without paying tax.

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Written byJosh Jackman

Josh has written about the rapid rise of home solar for the past five years. His data-driven work has been featured in United Nations and World Health Organisation documents, as well as publications including The Eco Experts, Financial Times, The Independent, The Telegraph, The Times, and The Sun. Josh has also been interviewed as a renewables expert on BBC Oneā€™s Rip-Off Britain, ITV1ā€™s Tonight show, and BBC Radio 4 and 5.

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