Renewable Energy: Prices

(asked on 15th May 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what recent assessment he has made of the potential impact of increasing the tariffs offered by energy suppliers to homeowners who generate renewable energy on (a) household energy bills, (b) climate targets and (c) energy security.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 18th May 2023

The Smart Export Guarantee (SEG) is a cost-reflective and market-led mechanism. It is for suppliers to determine the value of the exported electricity and to take account of the administrative costs associated when setting their tariffs. The Department has made no assessment on the potential impact of raising SEG tariffs, but Ofgem produces an annual report on the SEG that can be found on their website.

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