FITs & SEGs

What does FiT stand for in the energy sector?

• Fast Installation Technologies

• Fuel Integration Techniques

• Feed-in Tariffs

• Financial Investment Tariffs

What is the main difference between the Feed-in Tariff (FiT) and the Smart Export Guarantee (SEG)?

• 
  FiT is for large-scale generators, while SEG is for small-scale generators

• FiT is a voluntary scheme, while SEG is mandatory

• FiT is managed by Ofgem, while SEG is managed by the government

• FiT involves payment for both generated and exported energy, while SEG only involves payment for exported energy

What is the purpose of the microgeneration certificate (MCS) in the application process for SEG?

• To demonstrate the installation's compliance with trading standards

• To confirm the consumer's identity

• To confirm the consumer's eligibility for SEG payments

• To provide proof of address

What is the capacity limit for installations eligible for the Smart Export Guarantee (SEG)?

• 10MW

• 1MW

• 50MW

• 5MW

What is the purpose of the export meter point administration number (MPAN) in the SEG application process?

• To confirm the consumer's identity

• To provide proof of address

• To demonstrate the installation's compliance with trading standards

• 
  To associate with the consumer's meter for SEG payments

What is the role of the energy supplier in the SEG application process?

• To arrange the export MPAN

• To install the generation system

• To process the application accurately and in a timely manner

• To provide the microgeneration certificate (MCS)

What is the responsibility of the consumer in the SEG application process?

• To process the application accurately and in a timely manner

• 
  To buy the system and have it installed by an approved installer

• 
  To provide the export meter point administration number (MPAN)

• 
  To confirm the consumer's eligibility for SEG payments

What happens if a consumer wants to generate their own electricity and there is a problem with the system or the way it has been installed?

• The consumer needs to take things up with the installer or potentially the retailer or manufacturer of the equipment

• The consumer can ask Ofgem to resolve the dispute

• The consumer can complain to the energy supplier

• The consumer can switch to a different SEG provider