What Is The Octopus Smart Export Guarantee Tariff?
The Octopus Smart Export Guarantee Tariff is one of several export tariffs offered by Octopus now that the Feed-In Tariff Scheme has closed.
Would The Octopus Smart Export Guarantee Tariff Suit Me?
The Octopus Smart Export Guarantee Tariff is ideal for customers who'd like to join Octopus for their energy export, but pay a different supplier for the energy their home uses from the grid. It's also a great choice for those who want to use Octopus Go for their import tariff but get paid for their exports at the same time.
What Are The Export Rates For The Octopus Smart Export Guarantee Tariff?
Customers receive a flat rate of 4.1p/kWh for every unit of electricity they export.
Do I Need A Smart Meter For The Octopus Smart Export Guarantee Tariff?
Yes you do. You'll need a 'Secure' branded first-generation 'SMETS1' smart meter or second-generation 'SMETS2' smart meter, which Octopus can take half-hourly readings from. If you're an Octopus customer and don't have a smart meter, you can contact them to register your interest. Smart meters are installed at no cost.
What Else Would I Need?
In addition to a smart meter, you'll need an MCS certificate to confirm the quality of your solar panels. If you'd like to export electricity from a source other than solar PV, you should get in touch with Octopus first of all. You'll also need an email or letter from your DNO (Distribution Network Operator) confirming they've agreed to your microgeneration installation. Lastly, when you sign up you'll also be asked to confirm that you're not receiving FIT payments. Octopus will also check the FIT register.
How Do I Sign Up To Octopus Smart Export Guarantee Tariff?
You don't need to be a current Octopus Energy customer, as long as you meet the criteria. Just complete the application form on the Octopus website. Also remember that if you're new to Octopus, you can earn £75 cashback from your switch. Just click on my referral link below then navigate to the Octopus Smart Export Guarantee page to sign up.
Use my Octopus Energy referral link to join Octopus and we both get £50 free account credit when your switch completes. I share my referral reward with you, so get an additional £25 from me paid by PayPal, bank transfer or Amazon gift card. That's a total referral reward of £75. Just get in touch via my contact form to tell me you've used my referral code and let me know how you'd like your extra £25 bonus paid!