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The increase in Victorian solar feed-in tariffs explained

Posted by Lillie Gredley on 01-Aug-2017 15:15:31
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Great news for Victoria! As of 1 July 2017, the solar feed-in tariff for households will officially be increased from 5c/kWh to a minimum of 11.3c/kWh. A feed-in tariff is a payment for electricity fed into the supply grid from a renewable energy source, such as a residential solar energy system.

The primary aim of solar feed-in tariffs is to encourage the adoption of renewable energy. In the past, consumers have felt short-changed by tariffs that do not accurately reflect wholesale electricity price increases and this news comes at a time when households are feeling the effects of recent electricity price hikes.There really has never been a better time to install solar for your home!

Australian Feed-In Tariffs by State

VIC – 5.0c      changing to 11.3c !


SA – Varies


ACT – 6.0c – 7.5c


TAS – 6.67c


NT – Same as consumption rate


WA – Varies


QLD – 6.0c – 12c


NSW – 5.5 – 7.2c

 

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Topics: energy efficiency, solar energy, feed-in tariffs, government incentives, renewable energy