{"id":12619,"date":"2017-06-21T14:17:03","date_gmt":"2017-06-21T03:47:03","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=12619"},"modified":"2017-07-27T19:07:42","modified_gmt":"2017-07-27T08:37:42","slug":"agl-feed-in-tariff-mb0090","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/agl-feed-in-tariff-mb0090\/","title":{"rendered":"NEWSFLASH &#8211; AGL Boosts Solar Feed-In Tariff Incentives By Up To 140%"},"content":{"rendered":"<div id=\"attachment_12624\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-12624\" class=\"size-full wp-image-12624\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/agl-solar-feed-in-tarff.jpg\" alt=\"AGL solar feed in tariff increase\" width=\"700\" height=\"470\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/agl-solar-feed-in-tarff.jpg 700w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/agl-solar-feed-in-tarff-300x201.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-12624\" class=\"wp-caption-text\">The financial case for home solar keeps getting better | Currency image: <a href=\"https:\/\/www.flickr.com\/photos\/cogdog\/1543304581\/\" target=\"_blank\" rel=\"nofollow noopener\">cogdogblog<\/a>, <a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=57017805\" target=\"_blank\" rel=\"nofollow noopener\">Public Domain<\/a><\/p><\/div>\n<p>In some very good news for Australian solar power system owners, AGL Energy has announced huge increases to its retailer solar feed-in tariffs.<\/p>\n<p><!--more-->The incentive increase ranges between 82% and 140%, depending on the state:<\/p>\n<div style=\"padding-bottom: 20px;\" align=\"center\">\n<table>\n<tbody>\n<tr>\n<td><strong>State<\/strong><\/td>\n<td><strong>\u00a0Old rate<br \/>\n(c\/kWh)<\/strong><\/td>\n<td><strong>\u00a0New rate<br \/>\n(c\/kWh)<\/strong><\/td>\n<td><strong>\u00a0Increase<br \/>\n(percent)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>NSW<\/td>\n<td>\u00a06.1<\/td>\n<td>11.1<\/td>\n<td>82<\/td>\n<\/tr>\n<tr>\n<td>Queensland<\/td>\n<td>\u00a06.0<\/td>\n<td>10.6<\/td>\n<td>77<\/td>\n<\/tr>\n<tr>\n<td>South Australia<\/td>\n<td>\u00a06.8<\/td>\n<td>16.3<\/td>\n<td>140<\/td>\n<\/tr>\n<tr>\n<td>Victoria<\/td>\n<td>\u00a05.0<\/td>\n<td>11.3<\/td>\n<td>126<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>AGL notes the increase in Victoria is as required by the Essential Services Commission (ESC). In February this year, the ESC announced the minimum feed-in tariff for households and businesses in the state would be increased to 11.3c from the first of July.<\/p>\n<p>The new rates across all four states take effect from July 1, so SolarQuotes&#8217; <a href=\"https:\/\/www.solarquotes.com.au\/energy\/\">feed in tariff comparison tool<\/a> won&#8217;t show those rates until then.<\/p>\n<p>AGL&#8217;s announcement will put pressure on other retailers to follow suit on <a href=\"https:\/\/www.solarquotes.com.au\/systems\/feed-in-tariffs\/\">feed in tariffs<\/a>, otherwise they may risk an exodus in New South Wales, Queensland and South Australia &#8211; but solar owners should always check the fine print of offers from electricity companies.<\/p>\n<p>The news certainly helps soften the blow of <a href=\"https:\/\/www.solarquotes.com.au\/blog\/electricity-costs-australia-july-mb0083\/\">electricity price increases<\/a> recently announced by AGL (other others), and will no doubt have Australians still sitting on the fence about going solar giving more serious consideration to the prospect of <a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">installing solar panels<\/a>.<\/p>\n<p>\u201cWe estimate the increases in feed-in tariffs could be worth up to $3321 per year in extra savings for some customers, depending on which state they live in and the amount of solar energy they generate and export to the grid,\u201d <a href=\"https:\/\/www.agl.com.au\/about-agl\/media-centre\/article-list\/2017\/june\/agl-increases-retailer-solar-feed-in-tariffs\">said<\/a> General Manager Sales &amp; Marketing, Sandra de Castro.<\/p>\n<p>Ms. de Castro said the increases reflect significant rises in wholesale electricity market prices. As SQ blogger Ronald <a href=\"https:\/\/www.solarquotes.com.au\/blog\/electricity-prices-to-rise\/\">mentioned in May<\/a>,<\/p>\n<blockquote><p>&#8220;Wholesale electricity prices have risen and so solar feed-in tariffs will also rise, because\u00a0feed in tariffs are meant to represent\u00a0the average wholesale cost of electricity during the day.&#8221;<\/p><\/blockquote>\n<p>If you&#8217;ve had a gutful of electricity price hikes and would like to harness the power of the sun to help control your energy costs, you can get <a href=\"https:\/\/www.solarquotes.com.au\/quote\/\">solar quotes from three pre-vetted installers here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In some very good news for Australian solar power system owners, AGL Energy has announced huge increases to its retailer solar feed-in tariffs.<\/p>\n","protected":false},"author":17,"featured_media":12624,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-12619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NEWSFLASH - AGL Boosts Solar Feed-In Tariff Incentives By Up To 140% - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"In some very good news for Australian solar power system owners, AGL Energy has announced huge increases to its retailer solar feed-in tariffs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/agl-feed-in-tariff-mb0090\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEWSFLASH - AGL Boosts Solar Feed-In Tariff Incentives By Up To 140%\" \/>\n<meta property=\"og:description\" content=\"In some very good news for Australian solar power system owners, AGL Energy has announced huge increases to its retailer solar feed-in tariffs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/agl-feed-in-tariff-mb0090\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-21T03:47:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-07-27T08:37:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/agl-solar-feed-in-tarff.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/agl-feed-in-tariff-mb0090\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/agl-feed-in-tariff-mb0090\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"NEWSFLASH &#8211; 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