{"id":35442,"date":"2019-12-05T05:47:09","date_gmt":"2019-12-04T19:17:09","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=35442"},"modified":"2024-10-03T10:51:41","modified_gmt":"2024-10-03T01:21:41","slug":"solar-tariff-victoria-mb1318","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-tariff-victoria-mb1318\/","title":{"rendered":"Solar Feed In Tariff Reduction Proposed For Victoria"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignnone size-full wp-image-35444\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff.jpg\" alt=\"Victoria solar feed in tariff 2020\/21\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Victoria&#8217;s Essential Services Commission wants to compel electricity retailers to offer both a single rate and time-varying solar feed in tariff &#8211; and set lower minimum rates for both.<!--more--><\/p>\n<p>It&#8217;s that time of the year again when the ESC is getting ready to set minimum <a href=\"https:\/\/www.solarquotes.com.au\/systems\/feed-in-tariffs\/vic\/\">VIC feed-in tariff<\/a> rates for the next financial year. Yesterday, it published its draft decision for 2020\/21.<\/p>\n<p>But before we get to the figures..<\/p>\n<h2>Mandatory Time Varying Feed-In Tariff Option<\/h2>\n<p>As the name suggests, a time-varying feed-in tariff pays a different rate depending on what time of the day solar electricity is exported to the mains grid. For the last couple of years, the ESC has given electricity retailers the option of offering this &#8211; and very few have chosen to do so. If the ESC has its way, that will change next year.<\/p>\n<blockquote><p>&#8220;Our draft decision now gives customers, irrespective of which retailer they are contracted to, the ability to choose which minimum feed-in tariff best suits their circumstances,&#8221; <a href=\"https:\/\/www.esc.vic.gov.au\/electricity-and-gas\/prices-tariffs-and-benchmarks\/minimum-feed-tariff\/minimum-feed-tariff-review-2020-21\">states<\/a> the Commission.<\/p><\/blockquote>\n<p>Commission chairperson Kate Symons <a href=\"https:\/\/www.esc.vic.gov.au\/media-centre\/regulator-pushing-more-choice-solar-customers\">said<\/a> with a 46 per cent jump solar installations due to the effect of <a href=\"https:\/\/www.solarquotes.com.au\/victorian-solar-rebate.html\">Victoria&#8217;s solar rebate<\/a> and what she referred to as a &#8220;rapid&#8221; uptake of batteries, a scheme is needed that supports customer choice.<\/p>\n<h2>Proposed 2020\/21 Feed-In Tariff Rates<\/h2>\n<p>The following shows where minimum rates have been, where they are now and where they may be going next year for the single rate feed in tariff. The single rate option applies to all electricity exports and is the one the vast majority of Victorian solar households receive:<\/p>\n<ul>\n<li>2018\/19 &#8211; 9.9c<\/li>\n<li>2019\/20 &#8211; 12c<\/li>\n<li>2020\/21 &#8211; 10c (proposed)<\/li>\n<\/ul>\n<p>So, a drop of around 17% on the current rate during the next financial year. This won&#8217;t make <a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">home solar<\/a> power systems suddenly not worth installing &#8211; it will remain quite the opposite; but it will make self-consumption of solar energy generated even more desirable.<\/p>\n<p>As for the time varying feed-in tariff:<\/p>\n<div align=\"center\">\n<table id=\"blogtable\">\n<tbody>\n<tr>\n<td><strong>Period<\/strong><\/td>\n<td><strong>Weekday<\/strong><\/td>\n<td><strong>Weekend<\/strong><\/td>\n<td><strong>2018\/19<br \/>\nc\/kWh<\/strong><\/td>\n<td><strong>2019\/20<br \/>\nc\/kWh<\/strong><\/td>\n<td><strong>2020\/21<br \/>\nc\/kWh<br \/>\n(prop.)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Off peak<\/td>\n<td>10pm-7am<\/td>\n<td>10pm-7am<\/td>\n<td>7.1c<\/td>\n<td>9.9c<\/td>\n<td>9.0c<\/td>\n<\/tr>\n<tr>\n<td>Shoulder<\/td>\n<td>7am- 3pm<br \/>\n9pm-10pm<\/td>\n<td>7am-10pm<\/td>\n<td>10.3c<\/td>\n<td>11.6c<\/td>\n<td>9.7c<\/td>\n<\/tr>\n<tr>\n<td>Peak<\/td>\n<td>3pm-9pm<\/td>\n<td>n\/a<\/td>\n<td>29.0c<\/td>\n<td>14.6c<\/td>\n<td>12.3c<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>While the proposed rate drop for both single rate and time-varying isn&#8217;t great news, it&#8217;s important to note these are the minimum rates &#8211; electricity retailers compete for business and some may offer more.<\/p>\n<p>As always, it&#8217;s not the highest feed in tariff that necessarily represents the overall best electricity deal for solar power system owners &#8211; so compare usage rates, service charges and the fine print of any arrangement.<\/p>\n<p>These rates are not yet set in stone. The Commission uses the futures market approach to forecast wholesale electricity prices, which form part of its decision on FiT rates &#8211; and these rates may change between the draft and final decision.<\/p>\n<p>The full draft decision, including the methodology used to arrive at the rates <a href=\"https:\/\/www.esc.vic.gov.au\/sites\/default\/files\/documents\/Minimum%20electricity%20feed-in%20tariff%20to%20apply%20from%201%20July%202020%20-%20Draft%20decision_0.pdf\">can be viewed here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Victoria&#8217;s Essential Services Commission wants to compel electricity retailers to offer both a single rate and time-varying solar feed in tariff &#8211; and set lower minimum rates for both.<\/p>\n","protected":false},"author":17,"featured_media":35444,"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-35442","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 v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Solar Feed In Tariff Reduction Proposed For Victoria - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Victoria&#039;s Essential Services Commission wants to reduce minimum solar feed in tariff rates in 2020\/21 and compel retailers to offer a time-varying option.\" \/>\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\/solar-tariff-victoria-mb1318\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar Feed In Tariff Reduction Proposed For Victoria\" \/>\n<meta property=\"og:description\" content=\"Victoria&#039;s Essential Services Commission wants to reduce minimum solar feed in tariff rates in 2020\/21 and compel retailers to offer a time-varying option.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/solar-tariff-victoria-mb1318\/\" \/>\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=\"2019-12-04T19:17:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T01:21:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\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\/solar-tariff-victoria-mb1318\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-tariff-victoria-mb1318\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Solar Feed In Tariff Reduction Proposed For Victoria\",\"datePublished\":\"2019-12-04T19:17:09+00:00\",\"dateModified\":\"2024-10-03T01:21:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-tariff-victoria-mb1318\/\"},\"wordCount\":496,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-tariff-victoria-mb1318\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/victoria-solar-tariff.jpg\",\"articleSection\":[\"General Solar &amp; 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Single Rate Changes From 1 July this year, the minimum price Victoria\u2019s solar households will receive for\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Victoria solar feed in tariff - 2019\/20","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/vic-solar-tariff.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/vic-solar-tariff.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/vic-solar-tariff.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/vic-solar-tariff.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":71753,"url":"https:\/\/www.solarquotes.com.au\/blog\/vic-feed-in-tariff-mb2843\/","url_meta":{"origin":35442,"position":1},"title":"New Minimum VIC Solar Feed-In Tariffs Locked In","author":"Michael Bloch","date":"February 28, 2023","format":false,"excerpt":"Victoria's Essential Services Commission has published its final decision on minimum solar feed-in-tariff rates for the 2023-24 financial year. Currently, the flat rate feed-in tariff in Victoria is set at 5.2 cents per kilowatt-hour minimum and minimum time-varying rates range from 5c to 7.1c, depending on the time of day\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar feed-in tariff rates in Victoria 2023\/24","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/victoria-solar-tariff.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/victoria-solar-tariff.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/victoria-solar-tariff.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/victoria-solar-tariff.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/victoria-solar-tariff.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":88780,"url":"https:\/\/www.solarquotes.com.au\/blog\/victoria-solar-tariff-2526-mb3093\/","url_meta":{"origin":35442,"position":2},"title":"Victoria&#8217;s Draft 2025\/26 Feed-In Tariff Rates: Brace Yourself","author":"Michael Bloch","date":"January 13, 2025","format":false,"excerpt":"Victoria's Essential Services Commission (ESC) released its draft decision on minimum solar feed in tariff rates for 2025\/26 on Friday - and system owners won't be happy. --- Update February 28, 2025: The ESC has published its final decision for minimum feed-in tariff rates for 2025\/26. 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