Who will I sell the electricity to if I install photovoltaic panels myself
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6 FAQs about [Who will I sell the electricity to if I install photovoltaic panels myself ]
Can you sell solar energy back to the National Grid?
Householders and businesses with solar panels installed, who generate more renewable electricity than they need, can sell energy back to the National Grid under the Smart Export Guarantee (SEG). An increasing number of people are now benefiting from this government-backed initiative, and you could be one of them.
Should you sell your solar panels?
A typical home with solar panels uses 50% of the energy it generates. If you sell the rest through an export scheme, you can cut your electricity bill by more than 60%. So you won’t cover all your electricity costs – but you’ll usually break even less than halfway through its lifespan.
What if I don't use my solar panels?
If your solar panels produce electricity you don’t use – as the great majority of panels do – you can sign up to a Smart Export Guarantee (SEG) tariff and sell your excess solar energy back to the grid.
Can you get money from solar panels?
As a homeowner with solar panels, you may be able to receive payments for any excess solar energy you send back into the grid. Since 2019, the government have backed various schemes to help those who produce renewable energy, to benefit from sending their surplus into the national energy supply.
How can a home owner make money from selling solar energy?
Earn money: Homeowners can earn money by selling back electricity to the grid in the UK through programs like the Smart Export Guarantee (SEG). Reduced carbon emissions: Selling excess solar energy back to the grid can help reduce the need for fossil fuels and decrease carbon emissions.
Do solar panels save money?
Selling electricity back to the grid is by no means the only benefit of solar panels. According to the Energy Saving Trust, solar panels were cutting home energy bills by up to 70% in 2023. How much money you’ll save depends on the size of your solar system and how much electricity you use.
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