E.ON UK will be buying energy from customers who export excess solar power to the grid, in an offer they claim to be a UK first.
The prosumer scheme, called the ‘Solar Reward’ programme, will pay the first 500 new solar customers to have solar technology installed 5.24p per kWh exported to the grid.
The move is hoped to go some to bridging the gap between the closure of the country’s Feed-in Tariff (FiT) scheme, scrapped from 01 April 2019, and the UK government’s supplier-led Small Export Guarantee.
The Germany-headquartered supplier currently has storage and solar solutions in place or customers is a new move for the UK division.
Michael Lewis, CEO of E.ON UK said: “Through Solar Reward – which we believe is the first offer of its kind in the UK – we want to continue encouraging and giving confidence to homeowners across Britain looking to invest in solar energy. We know how important solar is for our future which is why we’re leading the industry in rewarding our customers for doing their part to help.
“By taking power into their own homes and hands and generating their own clean energy, which rewards them for exporting back to the grid, this not only gives out customers greater control over reducing their electricity consumption but also helps us create a better tomorrow by providing more clean and energy green solutions.”