Smart export guarantee begins Jan 2020 in the UK for homes and businesses to be paid for exporting excess renewable energy to the grid.
BEIS (Department for Business, Energy and Industrial Strategy) published a press release on Sunday 9th June about the Smart Export Guarantee – the new law to guarantee payment for solar homes providing excess electricity.
Due to begin on Jan 1st, 2020 and implemented on Monday 10th June, this law will enable homes and green businesses who generate renewable and low-carbon electricity to be guaranteed money for power supplied to the grid.
Legislation for the scheme to become mandatory for energy suppliers with more than 150,000 customers has been set and will ensure that generators with a capacity up to 5MW will be paid for each unit tracked by their smart meter.