Energy supplier Good Energy is launching a new smart export product for its Feed-in-Tariff (FiT) customers.
This marks an “evolution for the business”, the company said, as the scalability of smart export offers significant potential.
Customers that choose to move to a smart export will receive payment for the actual amount of electricity they export, as opposed to the 50% of what they generate covered by the FiT scheme’s standard estimate of the proportion of a customer’s export.
Power cuts in China forcing up steel prices
This means that customers that export more than 50% of the electricity they generate through technologies such as solar panels and micro-wind turbines could earn more.
“Good Energy has long been a pioneer in supporting small-scale clean energy generation, and this launch continues that tradition of innovation,” said Nigel Pocklington, CEO, Good Energy.
“As a leading player in helping homes and businesses generate their own clean power, it’s a big moment not only for Good Energy but for a future decarbonised, decentralised and digitalised electricity grid. The switch from deemed to actual metered export for tens of thousands of small generators, and all the data that will provide, is a huge step in making that future a reality.”