Minimum Electricity Feed-In Tariffs
The minimum electricity feed-in tariff for households and businesses who feed power back into the electricity grid from small renewable energy sources (like solar panels) is currently 11.3 cents per kilowatt hour.
Under the Electricity Industry Act 2000 (Vic), we are required to determine the minimum feed-in tariff having regard to:
- wholesale electricity market prices
- distribution and transmission losses avoided by the supply of small scale renewable energy generation electricity and
- avoided social costs of carbon and the avoided human health costs attributable to a reduction in air pollution.
Minimum feed-in tariffs for 2018-19
We have released our Minimum Electricity Feed-in Tariffs to Apply From 1 July 2018: Final Decision regarding the minimum feed-in tariffs that will apply from 1 July 2018. For the first time, retailers will be able pay solar system owners either a single-rate tariff or time-varying tariff. The single rate tariff is 9.9 cents per kilowatt hour. Under the time-varying tariff, customers will be credited between 7.1 cents and 29.0 cents per kilowatt hour of electricity exported, depending on the time of day.
|28 Feb 2018||
Fact sheet: Information for solar system owners
|27 Feb 2018||
Minimum Electricity Feed-in Tariffs to Apply From 1 July 2018: Final Decision
|19 Dec 2017||
ACIL Allen Consulting report Victorian FiT energy value
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