Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average rate payable under the Smart Export Guarantee for renewable energy generated by households was in the latest period for which data is available; and if he will make an assessment of adequacy of the responsiveness of rates available under the Smart Export Guarantee to market conditions.

Ofgem’s second annual report for 2021/22 found that 12 suppliers offered 36 different tariffs, including offerings of over 5p per kilowatt hour (which is in some cases higher than the FIT export tariff) and above the 3p per kilowatt hour average electricity wholesale price for 2020. The Government continues to monitor whether the market is delivering an effective range of options for small exporters.