Generally speaking, if your inverter capacity is larger than 5 kilowatts and your solar panel capacity is 10 kilowatts or less an AGL Solar Savers plan is likely to be the best high feed-in tariff plan available.
Queensland solar feed-in tariffs for households by electricity retailer (cents per kWh exported)
| Retailer | State / Territory | Max Solar FIT |
|---|
| Origin Energy | QLD. | 15.0c |
| amaysim | QLD. | 14.0c |
| Diamond Energy | QLD. | 12.0c |
| Click Energy | QLD. | 12.0c |
If you live in an area with high energy rates and a suitable solar rating and can afford the initial investment, it's worth installing solar panels in your home while the 26% tax break is in place — for the good of the environment and your wallet. But don't expect to eliminate your power bill overnight.
What is the export tariff? It is a bonus payment for every kilowatt-hour (kWh) of surplus electricity your system exports to the electricity grid. When this payment is received you are effectively selling that electricity to the energy supply company, who can then deliver it to other customers.
New South Wales
| Retailer | State / Territory | Max Solar FIT |
|---|
| Energy Australia | NSW. | 10.5c |
| Powerdirect | NSW. | 10.2c |
| DC Power Co | NSW. | 10.2c |
| Powershop | NSW. | 10.2c |
You'll get 5.24p per unit of electricity. You can sell back half of the units of electricity you generate. You'll need an export meter if your installation is above 30kW. You'll also save money on your electricity bills for the energy you do use.
In 2018 however, AGL formally ended its residential solar installation business. While AGL is no longer directly responsible for selling and installing solar panels, the company says it continues to help customers get started with solar through third-party partners, which AGL says are experts in PV solar.
The Queensland Government's Solar Bonus Scheme pays eligible customers a feed-in tariff for the surplus electricity generated from solar power systems and exported to the Queensland electricity network. Feed-in tariff rates are inclusive of any applicable GST*.
The closure follows the announcement in 2015, that new generation tariffs would be stopped in March 2019. The move has been met by wide spread criticism from the renewables sector, which says it will cost jobs, investment opportunities and set the UKs transition to renewable power back.
Are Solar Panels Worth It in 2019? Yes, Solar Power Costs around 9p/kWh! This year saw the Feed-in Tariff closed to new applicants, leaving a very different landscape to the heady days of 2010, when the feed-in tariff scheme was first launched and the subsidy was around 43p per kWh.
What's happening on 1st April 2019
The generation tariff will discontinue and there will no longer be a payment for generating solar energy. This is not a bad April fool's joke.What will replace the Feed-In Tariff? Back in 2017 the Treasury announced that “there will be no new low-carbon electricity levies until 2025”. This means no replacement for the Feed-in Tariff, at least until then.
It's up to you. You can still keep your Feed-in Tariff with us even if you move your electricity account to someone else. But if you want to move your Feed-in Tariff to the new company as well, you'll need to contact them and ask them how to do this.
Solar power is at a dead end, and I say that happily. I also say it as the CEO of a US-based solar company. On its path and in its current direction, it is impossible for solar energy to go any further. In fact, 2019 will likely be to solar panels what 1300 AD was to the Renaissance.
Feed-in tariffs in the United Kingdom were announced in October 2008 and took effect from April 2010. They were entered into law by the Energy Act of 2008. It closed to new applicants on March 31, 2019.
Net metering only requires one power meter, while feed-in tariffs require two. Unlike feed-in tariffs and power purchase agreements, the credits you accumulate through net metering are always at full retail value.
Queensland solar feed-in tariffs for households by electricity retailer (cents per kWh exported)
| Retailer | State / Territory | Max Solar FIT |
|---|
| Origin Energy | QLD. | 15.0c |
| amaysim | QLD. | 14.0c |
| Diamond Energy | QLD. | 12.0c |
| Click Energy | QLD. | 12.0c |
A feed-in tariff (FiT) is a credit customers receive for any unused electricity that their solar power system sends back to the power grid. It's usually a set rate per kilowatt hour and paid as a credit on electricity bills. Eligible customers can be paid a solar feed-in tariff with any of our electricity plans.
How to Sell Electricity Back to the Grid
- Check with your state and utility company. Over 40 states allow for some kind of “net metering.” Translation: households that generate electricity through residential solar projects can receive checks from the power companies for excess energy sent to the grid.
- See about tax benefits.
- Install and sell.
MWh per year and an increase in solar feed-in tariff from 6.8 cents per kWh to 16.3 cents per kWh. AGL is committed to helping shape a sustainable energy future for Australia.
Single rate FiT
| State | EnergyAustralia feed-in tariff |
|---|
| New South Wales | 10.5 cents per kWh^ |
| Australian Capital Territory | 10.5 cents per kWh^ |
| South Australia | 11.5 cents per kWh^ |
| Queensland | 11.5 cents per kWh^ |
But in case it generates more power than you use, you can sell solar power back to the grid and be credited for it. With a net metering connection, your solar PV system is connected to the main electricity grid that allows you to sell power generated by your solar panels.
Yes, just like you can become a millionaire selling Amway, or aluminum siding. But the odds are highly unlikely. The average for a person in America selling solar full-time might very well be $30,000.
The Queensland Government's Solar Bonus Scheme pays eligible customers a feed-in tariff for the surplus electricity generated from solar power systems and exported to the Queensland electricity network. Feed-in tariff rates are inclusive of any applicable GST*.
