Good Energy SmartGen
SmartGen rewards large domestic and small commercial renewable generators that produce significantly more electricity than they use. We pay generators on SmartGen for the excess electricity they export to the local electricity grid and for their ‘renewable certificates’ (ROCs , LECs and REGOs).
We set up SmartGen in 2005 because renewable generators between 5 – 75kW were struggling to find buyers for their electricity. The price we pay you is based on the current market rate for electricity and renewable certificates, ensuring you get always get a competitive deal.
How it works
Like our other schemes, we keep it simple. To join SmartGen you need to:
• Install your renewable generator.
• Have an export meter installed. We can help you with this - just ask.
• Export the SmartGen minimum amount of electricity each year (circa 4MWh).
Once you’re signed up:
• Send us and OFGEM a meter reading every month telling us how much
electricity you have exported.
• Send us and OFGEM a reading from your Total Generation Meter which tells
us how many ROCs and REGOs you have produced.
That - in a nutshell - is it. Make sure you can meet our General Requirements then send us Your Generator Details and get the ball rolling.
Useful information
1. We pay you for your export (including LECs) each quarter.
2. You don’t have to buy electricity from Good Energy to join SmartGen.
3. ROCs & REGOs vouch for the ‘greenness’ of the electricity. We will pay you for these based on the number of certificates that you transfer to us, these certificates are issued by OFGEM. Please note that a minimum number of issued ROCs must be transferred to Good Energy in a single batch before we can pay you for them.
4. For installing an export meter on your behalf, and for administering your export we pass on to you an annual charge.