Who has the best solar feed-in tariff in NSW?

Published on by Paul Reynolds

Who has the best solar feed-in tariff in NSW?

Mojo Power
What retailer has the best solar feed-in tariff in NSW? At the time of writing (June 2021), Mojo Power currently has the highest solar feed-in tariff offer in NSW, whereby the maximum a customer can get is 22 cents per kilowatt hour (c/kWh).

What is the solar feed-in tariff in NSW?

While there’s no set minimum feed-in tariff rate in NSW, there is a benchmark range of 6 to 7.3c/kWh, according to Energy NSW. Unlike Victoria where there is a minimum FiT of 6.7c/kWh, solar customers in NSW will have to pay extra attention to a plan’s FiT rate or risk signing up to a dud deal.

What is the best origin solar plan?

Best Origin Plan in NSW Origin’s best electricity plan in New South Wales is the Everyday Rewards deal where customers receive 5,000 Everyday Rewards points for signing up. This plan has fixed rates for 12 months and Origin will make a contribution of 25% GreenPower, at no additional cost.

What is Origin solar feed-in tariff?

A feed-in tariff (FIT) is a payment you could receive for any excess solar electricity your solar energy system generates that can be sent back to the grid. When you don’t use all the solar energy you’ve generated, the excess electricity feeds back to the grid and you could get paid for it in cents per kWh.

What is the current solar feed-in tariff?

On 1 July 2021 we’re changing our standard retailer FIT rate from 10.2c/kWh to 6.7c/kWh (GST inclusive, if any). For existing customers, if Solar is changing for you, you’ll receive a letter or email from us in June about the change. You’ll also see any new feed in-tariff on your electricity bill from 1 July 2021.

What is a good solar feed-in tariff?

The NSW regulator recommends a feed-in tariff of at least 6-7.3c/kWh, however as you can see, most retailers exceed this suggestion. Most of the better-known retailers in the state do not have any specialised solar products, while the few companies that do often have much higher feed-in rates than their competitors.

Who has the best solar feed-in tariff in Victoria?

Tango Energy
What retailer has the best solar feed-in tariff in VIC? At the time of writing (June 2021), Tango Energy has the best solar feed-in tariff in VIC, whereby the maximum a customer can get is 20 cents per kilowatt hour (c/kWh).

Who is the cheapest electricity provider in Australia?

Cheap electricity plans VIC

Energy provider Powerclub
% off the reference price 20% discount
Estimated annual cost $1,013 / year
Energy provider Elysian Energy
Plan name Power Maximiser

Are there any solar feed in tariffs for Origin Energy?

Origin offer electricity plans with a range of solar feed-in tariffs (FIT). Listed here are Origin Energy’s solar feed-in tariffs for businesses in ACT, NSW, QLD, SA and VIC. While some of Origin’s plans offer high feed-in tariffs you should be aware of the limitations and conditions that may be associated with each plan.

Which is the best feed in tariff in NSW?

Origin Energy has the best solar feed-in tariff in NSW, where eligible customers can get 22 cents per kilowatt hour (c/kWh) for feeding electricity into the grid. ReAmped Energy has the second highest feed-in tariff rate at 21c/kWh, while Red Energy offers a generous 18c/kWh.

When to apply for origin feed in tariff?

New and existing VIC solar customers who have a solar or other renewable energy system that’s sized under 100kW and was connected to the grid on or after 1 January 2013. To apply, read our Origin Energy Feed-in Tariff Agreement (PDF 210kb) and complete the schedule online.

Which is better solar feed in tariff or sharper electricity rate?

A solar plan with a higher feed-in tariff may be more beneficial to a household that exports a lot of excess energy. But for a household that heavily relies on buying energy from the grid, a sharper electricity rate and a moderate solar feed-in tariff may be the answer. Contemplating between a high feed-in tariff or sharper electricity rate?

Who has the best solar feed-in tariff in NSW?

Red Energy
Who has the best solar feed-in tariff in NSW? Red Energy has the best solar feed-in tariff in NSW, where eligible customers on a single rate tariff can get 18 cents per kilowatt hour (c/kWh) for feeding electricity into the grid.

What is the feed-in tariff for solar panels in NSW?

6.0 to 7.3 cents per kWh
It is a competitive market so electricity retailers do have an incentive to offer a reasonable feed in tariff to win customers with solar panels installed. According to Energy NSW the benchmark rate is 6.0 to 7.3 cents per kWh for 2021 in NSW.

How can I get free solar panels from the government NSW?

Eligibility

  1. be currently getting the Low Income Household Rebate.
  2. hold a valid Pensioner Concession Card or Department of Veterans’ Affairs Gold Card.
  3. own your house.
  4. not already have a solar PV system.
  5. not live in a retirement village or strata building.
  6. live in one of the following regions:

How much is the government solar rebate NSW?

The power you generate is also dependant on your location – panels with greater exposure to sunlight will create more energy than panels that are affected by the environment around them. The average government solar rebate NSW is currently worth about $600 per kW of installed solar panels.

Is 6.6 kW solar enough?

With 6.6kW solar panels, you’ll enjoy ample solar power, making it possible to cover all or almost all of your energy needs with solar. If reducing your reliance on the grid is important and you’re interested in those huge long-term energy savings that solar energy promises, this may be the best size for your needs.

How much power does a 6.6 kW solar system produce per day?

around 26.4kWh per day
This means a 6.6kW system will on average produce around 26.4kWh per day. How Many Solar Panels Is A 6.6kW Solar System? The size of the panel you are installing will dictate the total required however, based on an average panel size as of 2021 you will need around 16 – 20 panels.

How much is the solar feed-in tariff?

In NSW, electricity retailers are not required to set a feed-in tariff within IPART’s benchmark range, however we are offering our customers a feed-in tariff that is 38% higher than IPART’s benchmark rate. The benchmark rate is 5.5c per kWh max and our FiT is 7.6c per kWh.

Is there still a solar rebate in NSW?

When you buy solar panels in New South Wales (NSW), you receive the Australian government solar rebate, which can reduce the cost of your solar system by nearly a third. Unlike Victoria, there is currently no state-based rebate in addition to the federal rebate.

Do I need council approval to install solar panels in NSW?

You don’t need Council approval. For details of all requirements, please refer to clause 39(3) of the State Environmental Planning Policy (Infrastructure). If your installation doesn’t meet these requirements, you may need to lodge a Development Application (DA) .

Will there be a solar rebate in 2021?

The NSW Government has announced their Empowering Homes program – a scheme which will provide interest-free loans for solar-battery systems to eligible NSW residents. Eligible households can also claim an interest-free loan equivalent to the amount of the rebate until 30 June 2021.