Octopus Energy leads the pack to offer the first smart export tariff.
An eco‐friendly energy provider, Octopus Energy, has plugged the gap between the end of the FiT and beginning of the not-yet-finalised SEG.
Two tariffs are available – Outgoing Fixed which guarantees 5.5p per kWh for every unit exported. While Outgoing Agile matches half-hourly prices with day-ahead wholesale rates.
Although this is the first official export tariff, E.On Energy have announced a one-year export tariff offer for 500 new customers and Bulb is running a trial for 50 customers, offering a fair payment for the exported power at wholesale electricity prices.