Octopus Energy Help & FAQs
What is the best buyback program for solar panels?
The best solar buyback program for solar panels can vary on a few things, but it most commonly comes down to the buyback rate, earning caps, and bill credits. Buyback programs vary with each provider, so you’ll want to do your research before choosing. There are a few things you’ll want to consider when choosing the plan for best for you.
- Find a plan that has good buyback rates, preferably no caps on your earning potential.
- The option to cash out. Most providers won’t let you cash out after a certain amount and can only apply credits to your bills. At Octopus Energy, you can cash out your earnings after $50 and use that money for anything you want.
- A straightforward and easy-to-understand plan that makes it easy for you to earn money back.
- No expiration date on your earnings. Some other energy providers have a “use it or lose it” policy.
- A flexible energy plan that includes solar buyback. You’ll sometimes see energy providers that provide plans just for solar panel owners, but that can be limiting in terms of price or buyback potential. Look for plans that offer solar buyback as a feature, rather than a separate option. All of our Octo 12 energy plans come with solar buyback so whichever one you choose, you can still export all that good solar energy and earn some sunny money while you’re at it.