Panel Power: the solar export tariff for businesses

We'll pay you more for the power your panels produce.

Earn more for exporting your electricity with Panel Power

☀️ Panel Power is our commercial export tariff for businesses with solar panels ☀️

⚡️ You can sell the electricity you generate back to the grid ⚡️

🤩 We'll give you 8p per kilowatt-hour of electricity you export 🤩

Panel Power is for customers who both import and export their energy with Octopus. It works alongside your existing import tariff. So, you'll get your normal great value rates for the energy we supply to you. Plus, you'll sell your excess homegrown energy back to the grid at 8p/kWh.

Frequently asked questions

How do I join Panel Power?

We'll be opening applications soon. You'll then be able to join through this page.

In the meantime, you can earn money from your solar power with our Smart Export Guarantee (SEG). You'll receive 3p for each unit of electricity you sell back to the grid.

At the moment, the SEG application process can take up to 10 weeks.

How long does a Panel Power application take?

Applications to Panel Power can take up to 10 weeks to process. When that's done, you can start exporting and earning.

What will my import unit rate be?

This won't change as a result of joining Panel Power.

You'll keep the same Octopus import tariff. But, you'll have a shiny new export tariff.

Can I join if I don't have a smart meter?

You can join Panel Power if you have a smart meter or another type of export-compatible meter.

Speak with the team to find out if your meter can work with Panel Power.

Is Panel Power the same as the Smart Export Guarantee (SEG)?

No, Panel Power is a separate export tariff.

But, you can choose to join the Smart Export Guarantee (SEG) instead. You'll receive 3p for each unit of electricity you sell back to the grid.

At the moment, the SEG application process can take up to 10 weeks.

Is Panel Power a Feed-in Tariff (FiT)?

No, Panel Power is a different type of export tariff. You’ll receive monthly credits for the energy you send to the grid.

Can I join Panel Power if I don't own my solar panels?

Yes, we just need consent from the owner. Once we’ve got this, we can start adding the export credits to your account.

Hey I'm Constantine, welcome to Octopus Energy!