{"id":19590,"date":"2018-03-01T05:36:39","date_gmt":"2018-02-28T19:06:39","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=19590"},"modified":"2018-07-03T11:05:46","modified_gmt":"2018-07-03T00:35:46","slug":"solar-tariff-victoria-mb0485","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-tariff-victoria-mb0485\/","title":{"rendered":"Minimum 2018-19 Solar Feed In Tariffs Set For Victoria"},"content":{"rendered":"
\"Solar

Solar panel image: B137<\/a>, CC BY-SA 4.0<\/p><\/div>\n

Victoria’s Essential Services Commission has published its final decision for minimum solar feed-in tariffs to apply from July this year, which will see electricity retailers being able to pay a single rate or time varying tariffs to solar owners.<\/p>\n

The dual payment option model is to be a transitional arrangement, recognising there will be challenges for retailers in switching over to a time varying system. The transition period was originally to be a year, but may be extended.<\/p>\n

Single Tariff Rate<\/h2>\n

The single rate tariff will be set to 9.9 cents per kilowatt hour minimum – a 1.4c reduction from the current feed-in tariff rate<\/a>. The reasoning behind the drop is a forecast decrease in wholesale electricity costs during much of the day when solar exports are high, and increased wholesale pricing at the start and the end of the day when there is little in the way of solar electricity exported.<\/p>\n

Time Varying Tariff Rates<\/h2>\n

Little has changed since the draft decision was published in December<\/a>. Time varying tariffs have been introduced as the result of an inquiry that recommended solar owners receive rates better reflecting the wholesale cost of electricity at the time they export it to the mains grid.<\/p>\n