What is a ‘Feed in Tariff’?
A ‘Feed in Tariff’ is a rate paid for electricity generated from a designated renewable source, such as your rooftop solar system that is then fed back into the electricity grid.
When is a ‘Feed in Tariff’ paid?
When your rooftop solar system generates electricity, it is made use of in your home first. When you generate more electricity than you are currently using in your home, the excess kWh of electricity being produced are fed back into the electricity grid. You will be paid your agreed ‘Feed in Tariff’ for the kWh your rooftop solar system feeds into the electricity grid.
What ‘Feed in Tariff’ is available to me?
Your location and electricity provider determine the ‘Feed in Tariff’ you are eligible for. The table below gives you a guide to ‘Feed in Tariff’s’ available around Australia. iSelectSolar’s expert solar consultants can discuss your individual situation with you to establish what you are eligible for.
| State | Tariff Range | Energy Retail Supplier | |||||||||||||||
| Actew AGL | AGL | Aurora | Click Energy | Diamond Energy | Dodo | Energy Australia | Ergon | Horizon | Lumo | Lumo Energy | Origin | Power Direct | Red Energy | Simply Energy | Synergy | ||
| ACT | 9c - 11 c per kWh | Y | |||||||||||||||
| NSW | 9c - 11.6c per kWh | Y | Y | Y | Y | Y | |||||||||||
| NT | 26.88c per kWh | ||||||||||||||||
| QLD | 7c - 16c per kWh | Y | Y | Y | Y | Y | |||||||||||
| SA | 6,8c - 16.3c per kWh | Y | Y | Y | Y | ||||||||||||
| TAS | 8.9 c per kWh | Y | |||||||||||||||
| VIC | 10c -16c per kWh | Y | Y | Y | Y | Y | Y | Y | Y | Y | |||||||
| WA | 7.135c - 50c per kWh | Y | Y |
How much money will I save with a ‘Feed in Tariff’?
With the knowledge of what ‘Feed in Tariff’ you are eligible for, our expert solar consultants will establish your current electricity usage amount and the pattern of your usage (what times of day you use electricity). This will then enable us to calculate how much money you will be able to save off your electricity bill.
What happens if my ‘Feed in Tariff’ earnings exceed the cost of my electricity usage?
If your solar production earns you more than your usage of electricity from the grid costs you, your bill from your electricity provider will detail the amount owed to you.
With the price of electricity rising considerably and the price of solar panels falling, now is the perfect time to purchase solar for your home. An iSelectSolar expert is ready to help you navigate your solar journey with ease.