Department for Business, Energy and Industrial Strategy provided the following answer to your written parliamentary question:
Question:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps her Department is taking to ensure (a) competitive and (b) fair market tariffs are available under the Smart Export Guarantee.
Answer:
Kwasi Kwarteng:
The level of remuneration under Smart Export Guarantee tariffs will be determined by suppliers, in line with the aim of moving away from direct subsidy to cost reflective pricing and competitive market-based solutions.
The Government have asked Ofgem to report annually on the provisions made by suppliers for smaller scale exporters, including the range, nature and uptake of Smart Export Guarantee tariffs.
The Government will actively monitor the development of this market and will consider reviewing these tariff setting arrangements, if it becomes clear that small generators are not able to access a competitive range of export tariff options.
