Victoria’s energy regulator has made another cut to the state’s solar feed-in tariff, confirming this week that the minimum rate retailers would be directed to pay households for their excess rooftop PV would fall from its current level of 6.7c/kWh to 5.2c/kWh, starting in July.
Victoria FIT
Victoria’s Essential Services Commission released its draft decision on minimum feed-in tariff rates from 1 July 2021 yesterday. To quickly rip the band-aid off: the proposed minimum single rate feed-in tariff (which most solar owners would be on) for 2021–22 is 7.1 cents per kilowatt-hour, down from the current 10.2 cents.
Two FiTs will be set: time-varying and single rates. Under the new draft rules, electricity retailers will need to offer at least one of these to their Victorian customers
The Victoria state government has proposed a policy to go into effect in 2009 that pays $0.60 AUD/kWh for excess … Read more
Related Files a_proper_solar_fit_australia-pdf
