Did you know that it’s possible to sell your electricity back to British Gas and earn money? Well, you can, and British Gas’s Feed-in tariffs are among the best in the industry. In this guide, we will be taking a closer look at feed-in tariffs from British Gas with helpful advice on the same.
Get paid for producing your own electricity with British Gas
Feed-in tariffs are a Government scheme. If you generate your own electricity, for example through solar generation or wind generation, then you can get a set amount of money for each unit of electricity you create and sell back to the grid. Units are measured by kilowatt hour or kWh and the rates you could earn with British Gas are set by the Government. Lastly, British Gas is a mandatory Feed-in tariff Licensee, so they are subject to strict service controls.
How much could I earn?
The more electricity you sell back to the grid, the more you’ll earn. The rates you are paid very much depend on the size of your system, what technology you use to generate electricity and when your system was installed. Many people are earning in excess of 3.55p per unit of electricity. Additionally, you can save money on your electricity bills for the energy you do use with a feed-in tariff. To find out how much you could earn from a feed-in tariff, we recommend that you use this solar energy calculator from Energy Saving Trust to estimate savings and payments.
How do I apply for a feed-in tariff with British Gas?
Apply for a British Gas feed-in tariff today by filling in this application form.
Alternatively, print and post your completed application form to:
British Gas (Applications)
Feed-in Tariff Team
Am I eligible for a feed-in tariff?
British Gas’s criteria for eligibility are simple: you are eligible if you are an energy customer who produced their own electricity from a renewable source, or if you are the energy customer of a supplier who does not have to pay for a feed-in tariff. If you are unsure about your eligibility, this British Gas phone number will put you through to customer service. Simply follow the prompts when you call to get through to the right department.
How will I be paid?
You will be paid quarterly for energy sold.
Is it worth it?
Many people choose not to sell their energy back to the grid, content that they are living off the grid in the first place. However, selling your electricity back to the grid is a great way to increase your household income and reduce British Gas’s dependency on fossil fuels. Having said that, you are not forced to sell your electricity. If you have a way to store your energy, then you can simply stockpile it and live off it for the rest of your life. We recommend reading into feed-in tariffs further before making a decision. Ofgem has a great guide on the subject.