Music
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The 2010 ceremony will take place at London's O2 Brixton Academy on February 24 and will be hosted by former Pulp frontman Jarvis Cocker, PA reports.
Weller said: "I'm very happy to accept the award, I don't feel Godlike or a Genius but I'm happy to have it.
"It's nice to be recognised, you get your rewards in other ways too like playing live and seeing people's reaction, but it's nice to be recognised."
He added: "I'm very flattered. I shall find a special place for it. A little altar to myself with garlands of flowers around it."
Former winners of the 'Godlike Genius' prize have included Massive Attack, U2, The Clash, New Order/Joy Division, Primal Scream and Manic Street Preachers.
Weller first came to public attention as the frontman and main songwriter of The Jam, before forming The Style Council and having a successful solo career.
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