{"id":15826,"date":"2017-10-16T10:31:55","date_gmt":"2017-10-16T00:01:55","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=15826"},"modified":"2017-10-16T10:31:55","modified_gmt":"2017-10-16T00:01:55","slug":"solar-nsw-electricity-prices-mb0250","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-nsw-electricity-prices-mb0250\/","title":{"rendered":"Small Scale Solar Power Benefiting All In New South Wales"},"content":{"rendered":"

\"NSW<\/p>\n

The hundreds of thousands of solar power systems installed across New South Wales are benefiting all electricity consumers – collectively to the tune of billions of dollars.<\/p>\n

A new report prepared by Energy Synapse on behalf of Solar Citizens gauges the impact of small scale solar (<100kW capacity) on the state’s wholesale electricity market from May 2016 to April this year. It states without small PV, the volume weighted average price of wholesale electricity could have been 33-50% higher.<\/p>\n

“This price depression equates to a cost saving of $2.2-3.3 billion to the NSW market. This benefit is shared by all consumers, regardless of whether or not they have installed solar panels,” states Energy Synapse.<\/p><\/blockquote>\n

The report says small-scale solar PV had the most significant impact on wholesale electricity pricing during February 2017. In February, New South Wales was hit by an extreme heatwave that boosted demand and resulted in the coal-fired clunker, Liddell Power Station<\/a>, failing. The other factor was a very steep supply curve at high levels of demand.<\/p>\n

“This enabled small solar generation to have a bigger impact than at lower levels of electricity demand,” states the report.<\/p><\/blockquote>\n

\"Wholesale<\/p>\n

During the top 10 demand days, small solar reduced the severity of peak demand by an average of 432 MW (3%) and slashed its duration by 58%; from an average of 5.3 hours to 2.2 hours.<\/p>\n

The authors also determined small-scale solar continued to place significant downward pressure on wholesale prices in the late afternoon, even though PV generation tapers off during this period.<\/p>\n

The report, titled ” Impact of small solar PV on the NSW wholesale electricity market,” can be viewed here<\/a> (PDF).<\/p>\n

The latest information from Australia’s Clean Energy Regulator, current as at 1 September 2017, indicates more than 377,000 small scale solar power systems<\/a> are installed throughout New South Wales. The state has the second highest number of systems installed in Australia, behind Queensland’s 523,000+.<\/p>\n

Recent substantial electricity price rises<\/a> coupled with increases to feed in tariff<\/a> incentives have made installing solar panels in New South Wales – and across much of Australia – an even better investment<\/a>. Given the situation, SQ blogger Ronald recently suggested<\/a> system purchasers should install as many solar panels<\/a> on their rooftop as they reasonably can.<\/p>\n","protected":false},"excerpt":{"rendered":"

The hundreds of thousands of solar power systems installed across New South Wales are benefiting all electricity consumers – collectively to the tune of billions of dollars.<\/p>\n","protected":false},"author":17,"featured_media":15828,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-15826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nSmall Scale Solar Power Benefiting All In New South Wales<\/title>\n<meta name=\"description\" content=\"The hundreds of thousands of solar power systems installed across NSW are benefiting everyone - 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How Did Wholesale Electricity Prices\u2026","rel":"","context":"In "Electricity Prices"","block_context":{"text":"Electricity Prices","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/electricity-prices\/"},"img":{"alt_text":"Powerlines","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/wholesale-electricity-prices.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/wholesale-electricity-prices.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/wholesale-electricity-prices.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/wholesale-electricity-prices.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/11\/wholesale-electricity-prices.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26851,"url":"https:\/\/www.solarquotes.com.au\/blog\/wa-wholesale-electricity-mb0885\/","url_meta":{"origin":15826,"position":2},"title":"WA Wholesale Electricity Price Rises Under The Spotlight","author":"Michael Bloch","date":"January 3, 2019","format":false,"excerpt":"Synergy's wholesale electricity market dominance has been highlighted in a discussion paper from Western Australia's Economic Regulation Authority (ERA) released a few days before Xmas. Synergy is Western Australia's largest electricity generator and retailer, providing 52% of the electricity sold to residential and commercial customers in the South West Interconnected\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Wholesale Electricity Prices - Western Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/wholesale-electricity-wa.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/wholesale-electricity-wa.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/wholesale-electricity-wa.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/wholesale-electricity-wa.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":88561,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-xmas-australia-mb3081\/","url_meta":{"origin":15826,"position":3},"title":"A Very Solar Xmas Day In Australia","author":"Michael Bloch","date":"December 26, 2024","format":false,"excerpt":"Rooftop solar panels across Australia did their bit to support festivities yesterday with clean energy, and made a significant contribution to meeting overall mains grid electricity demand. Solar power systems were not only producing electricity and considerable bill savings for their owners, but also exporting energy for use by others\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Rooftop solar in Australia - Xmas day","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/solar-xmas-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/solar-xmas-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/solar-xmas-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/solar-xmas-australia.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/solar-xmas-australia.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":28247,"url":"https:\/\/www.solarquotes.com.au\/blog\/australia-electricity-bill-study-mb0953\/","url_meta":{"origin":15826,"position":4},"title":"Another Study Confirms Solar’s Popularity Among Australia’s Battlers","author":"Michael Bloch","date":"February 26, 2019","format":false,"excerpt":"That solar power is a plaything for the rich is a myth that has been busted time and again, but it never hurts to have a fresh reminder given the furphy still regularly pops up. A report released yesterday by Solar Citizens was based on the analysis of more than\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australian electricity bill study","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/solar-citizens-report.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/solar-citizens-report.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/solar-citizens-report.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/solar-citizens-report.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":15274,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-panel-savings-australia-mb0219\/","url_meta":{"origin":15826,"position":5},"title":"Solar Savings Bonanza From August Small Scale PV Installations","author":"Michael Bloch","date":"September 22, 2017","format":false,"excerpt":"The latest Renewable Energy Index from Green Markets indicates rooftop solar panels (small scale systems) installed across Australia last month will deliver $180 million in electricity bill savings over 10 years. The biggest winners will be New South Wales and ACT owners, who will collectively save an estimated $50 million\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Electricity bill savings from solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/solar-savings-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/solar-savings-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/solar-savings-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/solar-savings-australia.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/15826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=15826"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/15826\/revisions"}],"predecessor-version":[{"id":15832,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/15826\/revisions\/15832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/15828"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=15826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=15826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=15826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}