{"id":36561,"date":"2020-01-17T05:42:09","date_gmt":"2020-01-16T19:12:09","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=36561"},"modified":"2020-01-17T07:45:53","modified_gmt":"2020-01-16T21:15:53","slug":"energyaustralia-solar-tariffs-mb1371","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/energyaustralia-solar-tariffs-mb1371\/","title":{"rendered":"EnergyAustralia Solar Feed-In Tariff Changes"},"content":{"rendered":"

\"EnergyAustralia<\/p>\n

“Big 3” electricity retailer EnergyAustralia has very recently updated its solar feed-tariff rates – with three states losing out.<\/p>\n

A feed in tariff is a payment made to owners of solar power systems for the surplus electricity they generate that is exported to the mains grid1<\/a><\/sup>. The level of payment varies across Australia depending on a variety of factors, including who the electricity retailer is. You can learn more about solar feed-in tariffs here<\/a>.<\/p>\n

EnergyAustralia Current Single Rate Feed-in Tariff<\/h2>\n

Here’s how the revised rates<\/a> from Energy Australia look.<\/p>\n

\n\n\n\n\n\n\n\n\n
State<\/strong><\/td>\nFiT per kWh<\/strong><\/td>\n<\/tr>\n
Victoria<\/td>\n12.0 cents<\/td>\n<\/tr>\n
New South Wales<\/td>\n10.5 cents<\/td>\n<\/tr>\n
Australian Capital Territory<\/td>\n10.5 cents<\/td>\n<\/tr>\n
South Australia<\/td>\n11.5 cents<\/td>\n<\/tr>\n
Queensland<\/td>\n11.5 cents<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Time Of Use (ToU) FiT – Victoria only<\/strong><\/p>\n

\n\n\n\n\n
Peak<\/strong>
\n(3pm-9pm Weekdays)<\/td>\n		Shoulder<\/strong>
\n(7am-3pm, 9pm-10pm Weekdays;
\n7am-10pm Weekends)<\/td>\n		Off Peak<\/strong>
\n(10pm-7am everyday)<\/td>\n<\/tr>\n
14.6 cents per kWh<\/td>\n11.6 cents per kWh<\/td>\n9.9 cents per kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

A ToU feed-in tariff is based on the time of day the electricity is exported to the grid. Most solar owners would be on the single rate in the first table, which is a flat rate paid regardless of the time of day.<\/p>\n

Previous Single Rate Feed-in Tariff<\/h2>\n

Just for comparison, here are the previous rates that were noted on the EnergyAustralia web site early this week.<\/p>\n

\n\n\n\n\n\n\n\n
State<\/strong><\/td>\nFiT per kWh<\/strong><\/td>\n<\/tr>\n
Victoria<\/td>\n12.0 cents<\/td>\n<\/tr>\n
New South Wales<\/td>\n12.5 cents<\/td>\n<\/tr>\n
South Australia<\/td>\n15 cents<\/td>\n<\/tr>\n
Queensland<\/td>\n16.1 cents<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Previous Time Of Use (ToU) FiT – Victoria Only<\/strong><\/p>\n

\n\n\n\n\n
Peak<\/strong>
\n(3pm-9pm Weekdays)<\/td>\n		Shoulder<\/strong>
\n(7am-3pm, 9pm-10pm Weekdays;
\n7am-10pm Weekends)<\/td>\n		Off Peak<\/strong>
\n(10pm-7am everyday)<\/td>\n<\/tr>\n
14.6 cents per kWh<\/td>\n11.6 cents per kWh<\/td>\n9.9 cents per kWh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

South Australian EnergyAustralia solar customers will be losing 3.5c per kilowatt-hour, Queenslanders 4.6c and 2c in the case of New South Wales. In Victoria, EnergyAustralia’s rate is the current minimum<\/a> set by the Essential Services Commission, which has proposed a reduction<\/a> for the new financial year. As for the ACT, I’m not clear if there were any changes as the previous rate wasn’t noted.<\/p>\n

There haven’t been any notes from EnergyAustralia that I’ve seen regarding the changes.<\/p>\n

The reductions don’t mean solar power suddenly isn’t worth it – it most definitely still is. If you’re considering installing solar panels, use our new solar calculator<\/a> to calculate estimated savings and payback based on various scenarios – and bear in mind EnergyAustralia isn’t the only electricity retailer.<\/p>\n

Shopping Around For The Best Feed-In Tariff<\/h2>\n

The news will likely have some SA, NSW and QLD EnergyAustralia solar customers looking for greener pastures – and that’s where the SQ electricity retailer comparison tool<\/a> can be helpful. Just note that at the time of writing, the EnergyAustralia rates noted on the tool were yet to be updated; which should happen soon.<\/p>\n

Another very important point is the best solar feed in tariff doesn’t always represent the best overall deal.<\/p>\n

The best electricity plan for solar power system owners offers a balance of high feed-in-tariffs, low usage tariffs and low daily charges. As well as FiTs, the SQ comparison tool will show you usage rates (after all discounts) and daily charges, along with a typical annual bill estimate based on a self-consumption percentage you can specify.<\/p>\n","protected":false},"excerpt":{"rendered":"

“Big 3” electricity retailer EnergyAustralia has very recently updated its solar feed-tariff rates – with three states losing out.<\/p>\n","protected":false},"author":17,"featured_media":36562,"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-36561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nEnergyAustralia Solar Feed-In Tariff Changes - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\""Big 3" electricity retailer EnergyAustralia has very recently updated its solar feed-tariff rates - 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New South Wales: 10.5 c\/kWh -> 9.5 c\/kWh ACT: 10.5 c\/kWh -> 9.5 c\/kWh South Australia: 11.5 c\/kWh -> 10.5 c\/kWh\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":"Feed-in tariffs","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/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\/2021\/01\/solar-tariff.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/solar-tariff.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/solar-tariff.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/01\/solar-tariff.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":87129,"url":"https:\/\/www.solarquotes.com.au\/blog\/ea-solar-tariffs-mb3020\/","url_meta":{"origin":36561,"position":1},"title":"EnergyAustralia Takes Its Scissors To Solar Feed-In Tariff Rates","author":"Michael Bloch","date":"October 2, 2024","format":false,"excerpt":"When the calendar flipped over to October, EnergyAustralia snipped its solar feed-in tariff rates across the board - and they've had quite a haircut. EnergyAustralia services residential solar customers in Victoria, New South Wales, the Australian Capital Territory, South Australia and Queensland; and none have escaped the scissors. 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So, how much does RAA's \"electrifying offer\" cost and what's with the bearded bee guy? RAA was founded by a small group of motoring pioneers in 1903. 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