If you have installed net solar PV (or some other kind of small-scale generating facility) at your premises, you may be eligible to be paid for excess electricity you feed back into the grid. The rate we pay you for this electricity is called a feed-in tariff. We do not offer any feed-in tariff for gross metering in NSW.
In Victoria, there is one government scheme and one retail scheme, and in NSW there is one retail feed-in scheme, so working out what you are entitled to can be tricky. Here’s the summary:
Victoria – Current Feed-in Tariff
The current feed-in tariff commenced on 1 January 2013. Since 1 July 2018, this feed-in tariff scheme offers 9.9 cents/kWh (previously 11.3 cents/kWh) for excess energy fed back into the grid. The feed-in tariff is available to solar and other eligible forms of renewable energy, such as wind, hydro or biomass, with a system size less than 100 kW.
Victoria – Premium Feed-in Tariff (PFiT)
The PFiT started in late 2009 and closed to new applicants at the end of 2011. The scheme offered eligible households, businesses and community organisations with small-scale systems of 5 kW or less a credit of at least 60 cents/kWh for excess electricity fed back into the grid.
Eligible properties with an effective PFiT contract will continue to receive this rate until 2024, provided they do not add extra solar panels to their system.
The terms on which we pay feed-in tariffs to eligible customers are available HERE
NSW – Current feed-in Tariff
The current feed-in tariff commenced in NSW on 3 September 2018. This feed-in tariff scheme offers 11.1 cents/kWh for excess energy fed back into the grid. The feed-in tariff is available to solar and other eligible forms of renewable energy, such as wind, hydro or biomass, with a system size less than 100 kW. There is no feed-in tariff available for gross metering.