Under the new pricing structure, Scottish and Southern Energy (SSE) will combine the price it pays for the Renewable Obligation Certificates (ROC) associated with solar power and the price it pays for the power itself. It will also install export meters, act as the ROC agent and seek ROC accreditation for customers free of charge. The package will be called solar energyplus.
The new price will be GBP0.18 pence per kWh of power exported. This means that a householder or small business generating 1,500kWh of power a year (just under half the average household’s electricity consumption) will earn around GBP135 a year if it exports 50% of the total power generated. For customers who export the majority of their generation, SSE believes this will be the best export tariff in the market.
Ian Marchant, CEO of SSE, said: This is another important step forward in the development of our interests in solar power. We are now offering solar power generators a simple pricing structure which represents real value for all concerned. I hope that it helps encourage further investment in solar power, which can play a growing and significant part in meeting the UK’s energy needs.