Solar Feed-in-Tariffs are rising

For the past few years, solar FiTs have been constant, and retailers not so interested. But with the wholesale price of electricity rising, rooftop solar is becoming more valuable for solar owners and retailers. And now retailers are competing more in this space.

I think June each year will soon become ‘Solar Feed in Tariff Announcement season’. At least for solar nerds like us.

(This is just NSW rates, as we are in the Sutherland Shire)

Here is the info on the increased Solar Feed-In-Tariffs for various retailers we have at the moment, and will update as new information comes forward:

Retailer

Previous (c/kWh)

New (c/kWh)

Increase

AGL

6.1

11.1

82%

Powershop

8.2

12.8

45%

Diamond Energy

?

12.0

?

Energy Australia*

?

12.5

?

Origin Energy**

?

10

?

* For Energy Australia 5-day Time-of-Use Plan

** For Origin Energy Solar Boost Plan

Updates:

  • Powershop new FiT is now 12.8 c/kWh, not 11.9 c/kWh that we thought
  • Diamond Energy, Energy Australia & Origin Energy added

 

Please get in touch by commenting, or emailing info@sunnyshire.org.au if you know of any others. Or join the Facebook discussion online.

Word of warning: Some retailers have separate rates for solar owners. They may offer a great Feed-In-Tariff, but also provide higher rates for consumption.

 

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