As expected we have seen a very busy and frenzied start to March as the FiT Tariff subsidy closure peaks the interest of companies and homeowners who have been sitting on the solar fence.
Whilst Solar PV installations after 1st April 2019 may no longer be eligible for the government subsidy there are schemes under discussion for the provision of a ‘Smart Export Guarantee’.
The Department for Business, Energy and Industrial Strategy (BEIS) has unveiled the new ‘Smart Export Guarantee’ to replace the export tariff. The proposal legislates that all large energy suppliers will have to reimburse small-scale generators for the electricity they export to the grid. Whilst still in its infancy there is pressure to ensure small scale renewables remain beneficial to those businesses and homeowners reducing their carbon footprint and generating their own electricity. There are some early flags to be mindful of though, including the reference that ‘all exports must be metered and not deemed’ indicating that only houses with a smart meter or export meter installed will be eligible for the Smart Export Guarantee….watch this space!
