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Written question asked by Ian Mearns (Labour) on Friday, 5 May 2023, in the House of Commons. It was due for an answer on Thursday, 11 May 2023 (named day). It was answered by Graham Stuart (Conservative) on Thursday, 11 May 2023 on behalf of the Department for Energy Security and Net Zero.


Smart Export Guarantee

Question

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the impact of the Smart Export Guarantee on private investment in renewable technology; and whether he plans to link the SEG tariffs to the prices suppliers charge customers for energy.

Answer

The Smart Export Guarantee (SEG) annual report, published by Ofgem in October 2022, highlighted a significant increase in the number of installations registering for a SEG tariff (34,020 installations compared to 4,593 from Year 1).

The SEG is a cost-reflective and market led mechanism. Suppliers determine the value of the exported electricity and take account of the associated administrative costs when setting their tariffs.


Secondary information

Type
Written question
Reference
183883
Session
2022-23
Subjects
Renewable energy Smart export guarantee
Link
View this Written question on www.parliament.uk