Flogas Bids for Surplus Electricity
Flogas is bidding 20c per kWh for unused electricity generated by homeowners, small businesses and farms using solar panels, the highest rate on the market. The 20c per kWh rate is guaranteed until March 2023.
John Rooney, managing director, and Caitlin Curley, marketing executive, Flogas Ireland, with performer Hannah Wright pictured at the launch of the new promotion.
Under the Government’s Microgeneration Support Scheme, eligible homeowners using renewable energy like solar panels can sell surplus solar electricity back to their supplier. The same applies to hoteliers, farmers, business owners and non-profits with small amounts (up to 5.9kW) of solar panels on their rooftops.
The Flogas SolarGen promotion is open to existing and new customers. Existing customers using solar panels will automatically have their 20c per kWh rate (which includes 9% VAT) backdated to 15th February 2022 or from when they first became eligible after this date. Those looking to switch to Flogas will receive the 20c rate following sign up. They won’t lose out in doing so, as they will still receive payment for unused electricity from their old supplier. That payment would be backdated to 15th February 2022 at whatever rate was offered.
Dependent upon certain conditions, Flogas customers with 10 solar panels could be paid up to €238.00 (incl. VAT) annually, in the form of a credit on their bills. Those with 15 solar panels could receive up to €350.00 (incl. VAT) annually.