As an independent regulator, we must ensure the price for energy produced by a homeowner’s solar panels meets the long-term interests of all Victorian consumers. We do this by setting the price to reflect the true value of solar energy in the feed-in tariffs.
Legislation controls how we regulate the minimum tariff
When we set the minimum feed-in tariff, we operate within a framework set out in legislation by the Victorian Government. The costs we must consider in setting the minimum feed-in tariff are listed in the Electricity Industry Act 2000, Section 40FBB. In considering those costs, we must promote the long-term interests of Victorian energy consumers (including solar customers and non-solar customers).