Microgenerators are to be recognised as producing renewable electricity for the first time since the inception of the Feed-in-Tariff (FIT) scheme in 2010.

Good Energy is launching a new service to register participants of the scheme for Renewable Energy Guarantees of Origin (REGOs).

REGOs are issued by Ofgem to certify that electricity has been produced by a renewable source. However, the process is complex, but Good Energy has now worked with Ofgem to design a new FIT REGO Boost service which streamlines the registration process for FIT generators.

FIT REGO Boost, open to participants of the FIT scheme which closed to new entrants in 2019, is the latest development in Good Energy’s offering to microgenerators. The Company has over 180,000 FIT customers, making it the largest voluntary administrator of the scheme. Good Energy’s analysis has shown that on average, FIT generators share 60 per cent of what they generate back to the grid.

The service paves the way for Good Energy to match the power its generator customers share to the grid with the customers it provides energy to in future, which provides a major innovation in decentralised energy. Good Energy’s standalone smart export tariff Solar Savings offers enhanced export rates to both FIT customers and those who installed solar after the FIT scheme closed. Its Solar Savings Exclusive tariff for customers who install solar and storage with the company, offers the highest export rate available on the market at 40p per kWh.

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