{"id":70373,"date":"2023-02-06T11:06:21","date_gmt":"2023-02-06T00:36:21","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=70373"},"modified":"2024-10-02T11:17:20","modified_gmt":"2024-10-02T01:47:20","slug":"premium-fit-hot-water","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/premium-fit-hot-water\/","title":{"rendered":"Premium Feed Tariff & New Hot Water System? Don’t Make This Mistake!"},"content":{"rendered":"

\"Hot<\/p>\r\n

A well-meaning plumber recently made a mistake that could have cost a friend hundreds of dollars. Fortunately for her, I was on hand to save the day by explaining that because of her high solar feed-in tariff, her hot water system should only be turned on at night.<\/p>\r\n

You see, my friend’s old, conventional hot water service had kicked the bucket after decades of reliable service, and she replaced it with an energy-efficient heat pump system.\u00a0 The plumber doing the installation even said he’d put it on a timer to maximize their solar energy savings.\u00a0<\/p>\r\n

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“Wait a minute,” I said to my friend, “Don’t you have an old high solar feed-in tariff that lasts until 2028?”<\/p>\r\n

 <\/p>\r\n

“That’s right,” she said.<\/p>\r\n

 <\/p>\r\n

“In that case,” I said, “You need to make sure the timer is set so the hot water system switches on at night, otherwise you’ll miss out on at least 44 cents in feed-in tariff for every kilowatt-hour of solar electricity it consumes.”<\/p>\r\n

 <\/p>\r\n

“My god, you’re right,” she said.\u00a0 “You’re so intelligent!\u00a0 I’m such a fool for not marrying you when I had the chance!” she didn’t say.<\/p>\r\n<\/blockquote>\r\n

The plumber knew they had solar panels and thought he would save them money by setting the new system to switch on during the day.\u00a0 It never occurred to him to ask if they had an old, high feed-in tariff<\/a>.\u00a0 Because you can’t expect hot water system installers to know solar power stuff, make sure you don’t lose money if you get your hot water system replaced or worked on.<\/p>\r\n

\"An

Normally I think South Australia\u2019s spiders are a bit bloody weak compared to the ones we have in Queensland, but it\u2019s nice to see they\u2019ve already made a good start on webbing this up.<\/p><\/div>\r\n

Premium Feed-in Tariffs — ACT, QLD, SA, & VIC Only<\/h2>\r\n

Old high solar feed-in tariffs — or premium tariffs as they’re sometimes called — are still being paid in three states and one territory.\u00a0 They were introduced as an incentive to install solar panels back when a modest-sized system could cost over $20,000.\u00a0 Your last chance to lock one in ended around 12 years ago, but some people will receive them for nearly 10 years to come.<\/p>\r\n

The remaining feed-in tariffs and their end dates are:<\/p>\r\n