Tax & Incentive

Smart Export Guarantee

Mandatory scheme requiring large electricity suppliers to pay for surplus solar generation exported to the grid.

Rate / amount

Typical 2026 SEG tariffs: 4p–15p per kWh exported. Best rates: Octopus Outgoing Agile (variable, half-hourly tracked), Octopus Outgoing Fixed, OVO SEG. Worst rates: legacy supplier minimum-compliance tariffs at 3p–5p.

Deadline

Permanent scheme. Tariff rates change frequently — annual review of supplier offers is sensible.

In detail

The Smart Export Guarantee replaced the Feed-in Tariff in 2020 and is now the standard mechanism by which UK businesses earn revenue from surplus solar generation. The scheme is structurally simple — large suppliers must offer at least one tariff for export — but tariff levels vary by an order of magnitude between best and worst suppliers. As of 2026, the best SEG rates sit around 12p–15p per kWh, with Octopus Energy's Outgoing Agile tariff (variable, tracking the half-hourly wholesale market) often the highest annualised return for systems with daytime-skewed generation. The worst SEG rates sit at the regulatory minimum, around 3p–5p, offered by suppliers who comply with the obligation but don't compete for export business. For commercial systems sized appropriately to demand (i.e. 70%–90% self-consumption), SEG income is a useful but secondary economic line — typically 5%–10% of total system value over 25 years. For oversized systems generating significant surplus, the calculation shifts: at high export volumes, a Power Purchase Agreement with a corporate offtaker often pays materially more than SEG, sometimes 50%–100% better. We model both for any system where export is expected to exceed 30% of generation.


Who qualifies

Owners of solar systems up to 5MW capacity, with MCS-certified installations below 50kW. Above 50kW, MCS is not strictly required for SEG eligibility but most suppliers expect equivalent quality assurance. Export must be metered with a half-hourly export meter.

What it does

Obliges electricity suppliers above a threshold (currently those with 150,000+ domestic customers) to offer at least one tariff for excess solar generation exported to the grid. Tariff rates and structures are set by each supplier.


Worked example

On a 250kWp commercial system with 80% self-consumption: 49MWh per year exported. At 8p/kWh average SEG: £3,920 per year. At 12p/kWh (best 2026 rates): £5,880 per year. Lifetime export income (25 years, modest tariff growth): £100k–£175k. Useful but secondary to self-consumption savings, which are typically £35k–£50k per year on the same system.


Tax treatment / process

  1. Install MCS-certified system (or equivalent for >50kW) with half-hourly export meter
  2. Apply to chosen SEG supplier with MCS certificate, MPAN, and export meter details
  3. Sign export agreement specifying tariff and review terms
  4. Receive payments quarterly or monthly based on metered export volumes

Pitfalls to watch

  • SEG rates from your import supplier are usually NOT the best rates — switching the export contract separately is often worth it
  • Some suppliers tie SEG to import tariff — restricts your ability to switch import supplier
  • Half-hourly export metering required — adds a one-off cost
  • Tariff often resets after 12–24 months — long-term certainty is limited
  • PPAs can pay materially more than SEG for larger systems — worth comparing for >100kW systems

Best paired with these finance structures

Frequently asked questions

What is the Smart Export Guarantee (SEG)?
The Smart Export Guarantee requires licensed electricity suppliers with 1,000+ domestic customers to offer a tariff for electricity exported to the grid from solar PV systems. For commercial systems, SEG provides a revenue stream for surplus generation not consumed on-site. Tariff rates vary by supplier and are set commercially — there is no minimum rate.
Which suppliers offer the best commercial SEG rate in 2026?
As of Q1 2026, Octopus Energy for Business offers one of the highest variable-rate SEG products for commercial systems, with rates tracking wholesale prices. Fixed-rate products from EDF and E.ON tend to be lower but provide revenue certainty. SEG rates for large commercial systems (>1MWp) are often negotiated bilaterally rather than through standard tariff products.
How much does SEG contribute to a commercial solar business case?
For a typical commercial solar system with 30–40% self-consumption, SEG represents a secondary revenue stream of 5–15% of the total project value over 25 years. It materially improves IRR on projects with good export profiles (e.g. sites closed weekends and evenings). Systems with high self-consumption (>70%) have less export and therefore lower SEG impact.
Can a commercial solar PV system with a battery claim SEG?
Yes, but with constraints. Battery systems that import from the grid and re-export cannot claim SEG for the grid-charged element — only export of solar-generated electricity qualifies. Suppliers may require smart metering and half-hourly settlement to verify the source of exports. Some suppliers exclude batteries from standard SEG tariffs entirely.

Smart Export Guarantee: maximising export income for commercial solar

The Smart Export Guarantee (SEG) is the UK government scheme that requires licensed electricity suppliers (with 150,000+ customers) to offer export tariffs to eligible generators, including commercial solar installations. Unlike its predecessor Feed-in Tariff (FiT), SEG rates are market-set rather than government-fixed — which means shopping around matters.

For commercial solar owners, SEG income is a bonus revenue stream on top of the primary benefit of electricity bill reduction. For a 200kWp commercial installation exporting 30–50% of generation, SEG income might add £3,000–6,000/year. Not transformative, but worth optimising.

SEG eligibility for commercial solar

Eligibility criterionDetail
System sizeUp to 5MW installed capacity (commercial installations well within limit)
MCS certificationSystem must be installed by an MCS-certified contractor and hold MCS certificate
Smart export meterHalf-hourly smart meter (SMETS2) required at point of export — most DNO connections now include this
Ownership requirementExport income goes to the owner. PPA systems: developer owns and keeps SEG income. HP/green loan systems: your business keeps SEG from day one.
Existing FiT recipientsCannot receive both FiT (for installations registered pre-April 2019) and SEG simultaneously

SEG rates comparison 2025

SupplierSEG tariff rateTariff typeNotes
Octopus Energy — Outgoing Agile4–15p/kWh (variable)Half-hourly variableFollows wholesale prices; best in summer/evening peaks; most flexible
Octopus Energy — Outgoing Fixed4p/kWhFixedSimple; predictable; lower than Agile average
E.ON Next — Export3p/kWhFixedStandard rate; simple application
British Gas3p/kWhFixedMajor supplier; straightforward
EDF Energy3p/kWhFixedMajor supplier
OVO Energy3p/kWhFixedStandard offering
Utilita2p/kWhFixedLower rate

For commercial installations, Octopus Agile export typically delivers the best returns for installations with afternoon export peaks (schools, offices, warehouses) when wholesale prices are highest. For installations with consistent daytime exports (manufacturing sites running overnight), a fixed rate may be more predictable.

Maximising SEG income for commercial installations

Battery storage to shift export timing

A battery system can absorb midday excess generation and export to grid during 4–7pm peak price periods when Agile export rates may reach 15p/kWh vs 4p at midday. This can triple SEG income on systems with significant excess generation.

Demand response and time-of-use tariffs

Consider pairing your SEG export arrangement with a time-of-use import tariff. Import cheaply at night (e.g. 7p/kWh), export from battery at peak (15p/kWh). The arbitrage spread can add £5,000–15,000/year for a 200kWp+ installation with battery.

Half-hourly smart metering

SEG requires export metering, and Agile tariffs require half-hourly data. Ensure your system specification includes an SMETS2-compatible smart meter at the point of connection — some older commercial properties may need a meter upgrade.

SEG application process

Step 1: Obtain MCS certificate

After installation, your installer provides the MCS installation certificate. This is the primary document needed for SEG application.

Step 2: Choose supplier and apply

Apply directly to your chosen SEG-licensed supplier using their online portal or by calling their business team. You do not need to use the same supplier for import and export.

Step 3: Smart meter installation

If not already fitted, the supplier arranges installation of a smart export meter (usually free for SMETS2). The meter reads export in half-hourly intervals.

Step 4: Receive payments

SEG payments are typically made monthly or quarterly. Keep records of generation and export data for your accounting records and AIA/tax calculations.

SEG and PPA arrangements

A critical point for businesses evaluating PPA vs ownership: under a PPA, the developer owns the installation and therefore receives all SEG export income. As the site occupant, you have no entitlement to SEG payments. Over 20 years, this SEG income — which could be £20,000–60,000 on a 200kWp+ system — goes to the developer, not to your business.

This is one of several reasons why solar ownership (via green loan or asset finance) delivers substantially better long-term value than a PPA for most commercially profitable UK businesses with access to credit.

UK SEG supplier rates for commercial solar in 2026

Not all Smart Export Guarantee tariffs are equal. The scheme mandates that large suppliers offer at least one SEG tariff, but the rates differ enormously between suppliers — from the regulatory minimum of 2p/kWh up to variable Agile rates that average 12p–18p/kWh on good generation days. For a 200kWp commercial system exporting 40,000–60,000 kWh per year, the difference between the worst and best supplier is worth £4,000–£9,600 per year, or £80,000–£192,000 over a 20-year project life.

The table below reflects the principal SEG tariff products available to UK commercial solar operators in 2026. Rates change frequently — always confirm current rates directly with the supplier before switching.

SupplierTariff nameRate (2026)TypeBest for
Octopus EnergyOutgoing AgileVariable: avg 6p–18p/kWhHalf-hourly dynamic, tracks wholesaleSystems with midday-heavy export profiles; EV/battery optimisation
Octopus EnergyOutgoing Fixed15p/kWh (Q2 2026)Fixed per kWhPredictable income; smaller systems; set-and-forget
OVO EnergyOVO SEG Export4p–6p/kWhFixed per kWhOVO existing energy customers seeking combined billing
EDF EnergyEDF SEG tariff3p–5p/kWhFixed per kWhMinimum compliance; best avoided for income optimisation
E.ON NextE.ON SEG3p–4p/kWhFixed per kWhMinimum compliance tariff; switch away for higher income
British GasBritish Gas SEG3p–5p/kWhFixed per kWhLow-rate compliance tariff; not competitive for income
Scottish PowerSP SEG3p–4p/kWhFixed per kWhMinimum compliance; avoid for income maximisation
Ripple EnergyRipple SEG5p–8p/kWh (variable)Variable linked to green marketEmerging supplier; competitive for green-premium income

OVO SEG tariff: what commercial solar operators need to know

OVO Energy's SEG tariff (sometimes called OVO SEG Export) sits in the mid-tier of the UK SEG market — paying more than minimum-compliance suppliers but typically below Octopus's best fixed or Agile rates. In 2026, OVO SEG rates have been running at 4p–6p/kWh on their standard export product. OVO offers an advantage if you already hold an OVO electricity supply contract, as export income can be offset directly against your supply invoice — simplifying administration for commercial premises with multiple meters.

To apply for OVO SEG as a commercial solar operator, you need an MCS-certified installation, a SMETS2 or equivalent smart export meter capable of half-hourly recording, and your export capacity must be within the licence parameters. Systems above 50kW on a G99 connection require export meter confirmation and are eligible under the SEG regulations.

OVO SEG vs Octopus: the financial comparison

On a 200kWp commercial system exporting 50,000 kWh/year: OVO at 5p/kWh generates £2,500/year. Octopus Fixed at 15p/kWh generates £7,500/year — a £5,000/year difference or £100,000 over 20 years. For most commercial operators, switching from OVO to Octopus is worth doing even accounting for any administrative change.

Commercial SEG: eligibility above 50kW

Commercial solar systems above 50kW are fully eligible for SEG but must meet additional metering requirements. A G99 export meter (smart, half-hourly capable) must be in place and registered with your DNO. Most suppliers require written confirmation of G99 commissioning and meter point registration before opening an SEG account.

How to maximise SEG income from a commercial solar installation

StrategyImpactComplexityBest for
Switch to Octopus Outgoing£3,000–£9,000/year uplift on 200kWp vs minimum tariffsLow — online applicationAll systems, especially midday-heavy generators
Install battery storage to shift export timingReduces excess midday export; shifts to evening peak pricingMedium-high — £80k–£150k for 100kWhSites with Agile import + Agile export pricing
Optimise self-consumption ratio firstConsuming more on-site (at 23p–30p/kWh) beats exporting at 5p–15p/kWhLow — operational change + tariff reviewAll systems with flexible on-site demand
Agile export with half-hourly optimisationVariable rates can exceed 30p/kWh in evening peak periodsMedium — requires smart inverter + monitoringSystems with demand flexibility and monitoring
Annual supplier reviewMarket rates move; best rate in 2023 may not be best in 2026Very low — annual admin taskAll commercial solar operators

For most commercial solar operators, the single most impactful action is switching to a high-rate SEG supplier if you are currently on a minimum-compliance tariff (below 5p/kWh). The switch typically takes 4–8 weeks and requires no physical changes to the installation — just a meter data transfer and supplier application.

OVO Energy SEG rates 2026: current tariff and how it works

OVO Energy's Smart Export Guarantee (SEG) tariff — officially called the OVO Export Tariff — is one of the most-searched SEG products in the UK. As of 2026, OVO offers a variable SEG rate that tracks wholesale electricity prices, marketed as their 'Plunge' rate alongside a fixed export tariff option. The current OVO SEG rate for commercial customers is published on their website and updated quarterly.

OVO SEG productRate (2026 indicative)TypeMeter requirementCommercial eligible?
OVO Export Tariff (standard)4.1p–5.5p/kWhVariable (quarterly reset)Smart meter (SMETS2)Yes — eligible for commercial-scale systems
OVO Plunge RateVariable — follows half-hourly marketHalf-hourly settlementSmart meter + HH dataLarge commercial systems (100kWp+) typically better served
OVO Drive Anytime (EV)N/A for pure solarFixed rate add-onEV charger + smart meterOnly if EV charging also installed

OVO Energy is not obligated to offer the best SEG rate — they must offer a rate above 0p/kWh, but their actual commercial rate is market-driven. In practice, OVO's standard export tariff is broadly comparable to British Gas and E.ON, but typically below Octopus Energy's best available rates. Always compare at the point of application as rates change quarterly.

How to apply for OVO SEG as a commercial customer

OVO Energy's SEG application for commercial systems requires: (1) a valid MCS certificate for the solar installation, (2) a smart meter (SMETS2) capable of half-hourly export metering, (3) the system to be your import supplier (OVO must be your electricity supplier for the export site), (4) application via OVO's online portal with system generation capacity declared. OVO processes commercial SEG applications within 5–10 working days. If OVO is not your import supplier, you must switch to OVO first before accessing their SEG tariff — or choose a SEG provider who is not your import supplier (some offer this).

SEG rates by supplier: complete comparison 2026

The SEG market in 2026 comprises around 20 licensed exporters. The table below compares the main providers on current rates, meter requirements, and commercial eligibility. All rates are indicative — check each provider's website for current published tariffs before applying.

SEG providerIndicative rate 2026Rate typeImport supplier required?Commercial eligible?
Octopus Energy (Outgoing Octopus)7.5p–15p/kWhFixed or Agile (half-hourly)No — any import supplierYes — including large commercial
OVO Energy (Export Tariff)4.1p–5.5p/kWhVariable quarterlyYes — must be OVO import customerYes
E.ON Next (Juice Exporter)4.0p–5.0p/kWhFixedNo — open to allYes
EDF Energy3.9p–4.8p/kWhFixed quarterlyYes — EDF import customers preferredYes — subject to system size
British Gas (Export & Earn)3.5p–4.5p/kWhFixedYes — BG import customersYes — commercial applications via business team
Scottish Power (SP Smart Export)3.5p–4.5p/kWhFixedYes — SP import customersYes
Shell Energy (Export Plus)3.0p–4.0p/kWhFixedYes — Shell import customersLimited — check eligibility
Minimum guaranteed rate (all Tier 1)>0p/kWhMust be above zeroN/AAll licensed exporters must offer

The key insight: Octopus Energy's Outgoing Octopus product (variable half-hourly and fixed options) consistently offers the highest rates for commercial solar, and critically does not require you to switch your import supply to Octopus. This makes Octopus the default best-value SEG choice for most UK commercial solar installations in 2026 unless there is a specific reason to remain with another provider.

Commercial SEG vs residential SEG: what changes at scale?

AspectResidential SEG (below 50kWp)Commercial SEG (above 50kWp)
MCS certificateRequiredRequired (G99 also required for connection)
Metering requirementSmart meter (SMETS2)Half-hourly (HH) metering typically required
Maximum export limitUnrestricted (subject to DNO)May be export-limited by DNO (G99 condition)
Rate negotiationPublished tariff — take it or leave itLarger sites (>250kWp) can negotiate bespoke rates
SEG application processOnline portal — self-serviceBusiness energy team — may require site visit
Time to first payment4–8 weeks from application6–12 weeks from application (HH metering setup)
DNO export limit interactionRarely constrainedMay affect export volume if DNO sets curtailment

Maximising commercial SEG income: practical steps

(1) Choose Octopus Agile export if your system has a smart inverter capable of half-hourly settlement — this typically adds 2–6p/kWh over fixed tariffs by capturing midday peak prices. (2) Size battery storage to hold export during low-price periods and release at high-price periods — a 100kWh battery can add £1,500–£3,000/year to SEG income on a 250kWp system. (3) Apply for a G100 (managed export) flexible connection rather than a fixed export limit — this avoids curtailment at peak solar output. (4) Review your SEG tariff annually — the market is competitive and switching is straightforward as long as your MCS certificate remains valid.

OVO SEG for commercial solar: common questions

What is the current OVO SEG rate for commercial customers?

OVO Energy's export tariff for commercial solar customers is published quarterly on the OVO Business website. As of 2026, the standard OVO commercial export rate is in the 4.1p–5.5p/kWh range. This is broadly in line with E.ON and EDF but typically below Octopus Energy's Outgoing Octopus product. The rate is variable and resets every quarter based on wholesale market prices. OVO's Plunge rate (half-hourly variable) may offer higher rates at peak solar output times for very large commercial systems.

Can I use OVO SEG if OVO is not my electricity supplier?

No — OVO Energy requires you to be an OVO import (electricity) customer to access their SEG export tariff. This differs from Octopus Energy, which allows you to export on Outgoing Octopus regardless of your import supplier. If you want OVO SEG, you must first switch your electricity supply to OVO Business. Before doing this, compare the combined import + export economics of OVO against the alternative of staying with your current import supplier and exporting on Octopus Outgoing Octopus — the import tariff difference may outweigh the OVO SEG rate advantage.

OVO SEG Tariff 2026: Rates, Eligibility & Commercial Application

OVO Energy is one of the UK's largest Smart Export Guarantee purchasers, and the most-searched SEG supplier on commercial solar queries. This section covers OVO's current export tariffs, how they compare for commercial operators, and what to do if OVO isn't the right fit for your system size.

OVO SEG rates: what commercial operators are actually paid

OVO tariffExport rateEligibilityBest for
OVO SEG Standard4.0p/kWhStandard smart meter; <5MWp; MCS certifiedPredictable baseline export income
OVO Kaluza Flex SEG4–24p/kWhKaluza smart plan; half-hourly metering; EV charger or batterySites with battery storage dispatching at peak
Octopus Agile Export2–30p/kWhHalf-hourly meter; South/Midlands DNO area preferredLarge exports with flexible dispatch
E.ON Next SEG3.5p/kWhStandard smart meter; <5MWpSimplest admin, fixed rate
Octopus Fixed Export4.1p/kWhOctopus customer; <5MWpOVO alternative with same predictability
Energy broker bespoke3–7p/kWh>50kWp; direct EPEX/N2EX wholesale dealLarge commercial systems; aggregator PPAs

Rates as of June 2026. SEG rates are set by each supplier and reviewed quarterly. Always check the current rate on the supplier's website before contracting.

Is OVO SEG available for commercial properties?

OVO Energy's SEG product is available to any eligible export connection — commercial or residential — provided the system meets the Ofgem criteria. However, there are practical constraints for larger commercial sites:

Commercial systems that qualify for OVO SEG

  • ✓ Installed capacity <5MWp (AC)
  • ✓ MCS-certified installation and equipment
  • ✓ Smart export meter in place (half-hourly capable)
  • ✓ OVO holds the import supply contract for the site
  • ✓ System installed after 1 January 2020 (post-FiT)

Practical limitations for commercial operators

  • ⚠ OVO must be your import supplier (switch required if not)
  • ⚠ OVO Kaluza Flex requires OVO's smart tariff — not always available commercially
  • ⚠ Systems >50kWp may achieve better rates via energy broker or aggregator PPA
  • ⚠ OVO does not publish a bespoke commercial SEG product — standard rates apply

How to apply for OVO SEG: 4-step process

1
Confirm OVO supply eligibilityOVO must hold your site's import electricity contract. If not, request a switch before applying — this adds 28 days minimum to the process.
2
Submit MCS certificate and DNO export approvalLog into your OVO account and upload your MCS installation certificate plus the G99 or G98 approval letter from your DNO (e.g. NGED, SP Networks, Northern Powergrid).
3
Smart meter installation confirmationOVO will verify that your smart export meter is correctly configured. For commercial systems >100kWp, half-hourly settlement metering is typically required.
4
SEG activation and first paymentOVO activates SEG within 10 working days of successful verification. Payments are made monthly based on the exported kWh recorded by the smart meter. Standard rate: 4.0p/kWh credited to your bill.

OVO SEG vs Octopus for commercial solar: which pays more?

For a 200kWp rooftop system exporting approximately 80,000 kWh per year (40% export rate), the income difference between suppliers is significant:

Supplier & tariffRateAnnual income (80,000 kWh)Admin burden
OVO Standard SEG4.0p£3,200Low — monthly bill credit
OVO Kaluza Flexavg 9p*£7,200*Medium — smart dispatch needed
Octopus Agile Exportavg 7–12p*£5,600–£9,600*High — half-hourly optimisation
Octopus Fixed Export4.1p£3,280Low — monthly statement
Energy broker / aggregator3–7p£2,400–£5,600Low — broker manages dispatch

* Variable rate tariffs depend on grid demand and time of export. Averages based on 2025 data. Requires battery storage or smart load-shifting to capture peak rates.

SEG and commercial solar finance: how they interact

SEG income affects which finance structure delivers the best net return. Under a Power Purchase Agreement, the PPA provider typically retains the SEG income (they own the electricity). Under a green loan or hire purchase (you own the system), you keep 100% of SEG payments — which is why ownership structures often outperform PPAs over a 10-year horizon once SEG income is factored in.

Quick comparison: SEG income by ownership structure

  • You own (green loan / HP): 100% of SEG income retained — adds £2,000–£8,000/yr on a 100–250kWp system
  • PPA: SEG retained by PPA provider — typically reflected in a slightly lower unit rate for you but you don't see the export income directly
  • Operating / finance lease: SEG rights depend on the lease agreement — clarify with the lessor before signing

Frequently asked questions: OVO SEG

Can a commercial property apply for OVO SEG?

Yes, provided OVO holds the site's import supply contract, the system is MCS-certified, and total installed capacity is below 5MWp. OVO does not publish a separate commercial SEG product — commercial operators receive the same Standard rate (4.0p/kWh) as residential customers unless they qualify for the Kaluza Flex tariff.

What is OVO's current SEG rate in 2026?

OVO's guaranteed Standard SEG rate is 4.0p/kWh as of June 2026. The Kaluza Flex tariff offers up to 24p/kWh at grid peak times but requires OVO's smart energy plan and a compatible battery storage system. Rates are reviewed by OVO quarterly — always check their website for the current published rate before contracting.

Should a 300kWp commercial system use OVO SEG or an energy broker?

At 300kWp+ with significant export volumes, a specialist commercial energy broker or aggregator often negotiates a better blended export rate (3–7p depending on grid conditions) than OVO's standard SEG, and handles the half-hourly settlement administration. OVO SEG is simpler but best suited to systems below 100kWp with straightforward export profiles.

Run the numbers on your project

We build the after-tax model with the right reliefs applied — no missed deductions, no double-counted benefits.

Request a finance review