Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment she has made of whether current Smart Export Guarantee arrangements provide fair value to consumers who are supporting the transition to net zero through investment in renewable energy generation and storage technologies.

The Smart Export Guarantee (SEG) is a market-led mechanism in which energy suppliers, not government, set both tariff levels and structure. This is designed to encourage innovation and competition in the sector and minimise costs to consumers. Such competition is also designed to ensure that the tariffs offered by suppliers are reflective of the value of the power provided under the SEG.

The Government has committed to undertake a review of the SEG to consider if there is a strong case for reform. One of the things this review will consider is the appropriateness of tariffs on offer. Further detail on the review will follow in due course.