Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that homeowners who contribute electricity generated by solar panels on their property to the national grid are adequately compensated by electricity companies following the rise in electricity prices charged to consumers.
The Smart Export Guarantee (SEG) is a cost-reflective and market led mechanism and 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 SEG contract that a supplier has with a householder is at a set price which is not directly linked to the wholesale market. The Government is reviewing Ofgem’s annual SEG report, which was recently published, to ensure that small-scale generators continue to have an effective route to market.