Selectra service representative with headset

Get expert energy advice for free

You could save hundreds of euros on your energy bills, call our experts today.

1800 816 036 or

Renewable energy can now provide you extra income!

Solar panel installation on house

Looking for a way to help the environment and save money at the same time? Finally, the nation will soon have the possibility to sell its excess renewable energy back to the grid. This will help both their wallets and the planet!

How can renewable energy provide you with extra income?

planet earth in a pair of hands

Earlier this week, Minister for Environment and Climate Eamon Ryan said that people will soon be able to sell their excess energy to the national grid. The minister expects the plan to take effect in January 2022. Those who generate renewable electricity will be able to sell that production back to the national grid.

Why sell your excess energy?

If you have never considered installing any type of renewable energy source on your property, now may be the perfect time to do so.

There are multiple advantages to having your own energy source:

  1. Reduce your carbon footprint
  2. Reduce your energy bills
  3. Self-sufficiency
  4. Potential for extra income

Why did the government take this decision?

This decision is not a recent phenomenon. Canada started the concept of individuals receiving credit for their energy creation back in 2009, based on a 2006 study conducted in the UK.

planet earth in a pair of hands

Since then, many other developed countries, such as Poland, Germany, Israel, the USA, and the UK have introduced laws allowing their citizens to sell their excess energy back to the grid. The incentives for governments are:

  • Reduce the need for large power plants
  • No large infrastructure investment required
  • Fast increase of energy production to the grid
  • Helps with the fight against climate change
  • Eliminates the necessity of on-site batteries for these micro energy producers
  • Provides extra income for citizens

With these advantages and a proven track record from this method, it is no surprise to see Ireland finally following suit.

The entire planet has been sent into a severe energy crisis this year with wholesale energy prices spiraling to unprecedented heights. Ireland is also facing the threat of regular blackouts just so the country can use the little energy available for essential services. Minister Ryan said:

For too long it has been put back, delayed, and prevented from being delivered. We are on the cusp of delivering it within months.

Indeed, it has been put back for too long. This isn't the first time we hear the same promise for the very same minister. On 14 January 2021, the same Minister Ryan promised a Microgeneration Support Scheme (MSS) for farmers, individuals, and businesses to be in place for last July. We are now in November and nothing has been put into place yet.

The announcement came during a recent Government’s Climate Action Plan committee meeting, summarizing the outcome of the recent COP26 summit on climate change. Committee member Christopher O’Sullivan had asked for concrete measures in the climate plan.

Let’s hope the government will keep its promise and deliver on it this time! Not only will it be good for the environment, but people will surely appreciate the extra income!

Selectra man

Selectra can help you save money on your energy bills.

Our energy advisers can help you find a better energy offer for your home.

1800 816 036 or
Selectra man

Selectra can help you save money on your energy bills.

Selectra is currently closed. You can leave your phone number and get a free callback.

Updated on

The services and products mentioned on this website may only represent a small selection of the options available to you. Selectra encourages you to carry out your own research and seek advice if necessary before making any decisions. We may receive commission from selected partner providers on sales of some products and/or services mentioned within this website. Our website is free to use, and the commission we receive does not affect our opinion or the information we provide.