From 1 July 2018, the Essential Services Commission (ESC) has announced that energy retailers in Victoria must offer at least one of two feed-in tariffs (FiTs):
- the time varying FiT and/or
- the single-rate FiT
Congratulations! Your solar system has been installed - but what happens next?
Jim's Energy explains the post-installation process for residential solar energy and some common misconceptions.
After the success of our inital launch in Victoria, Jim's Energy has now officially expanded to New South Wales. Offering a portfolio of solutions to improve households' energy efficiency, Jim's Energy specialises in the supply and install of residential solar, energy storage, energy broking and energy monitoring systems.
As 2017 comes to a close, Jim’s Energy, celebrates its launch and huge growth, having already installed solar systems for hundreds of customers throughout Victoria. Divisional Manager, Erik Zimmerman says:
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.
Elon Musk has agreed to build the world’s biggest lithium ion battery in South Australia in 100 days.
The array will be capable of an output of 100 megawatts (MW) of power at a time and will be able to store 129 megawatt hours (MWh) of energy. It is to be connected to the Hornsdale wind farm, which is currently under construction in SA.