Solar Feed Tariff Comparison: Best Tariffs by State and Territory - Energy Matters

Solar Feed Tariff Comparison: Best Tariffs by State and Territory – Energy Matters

The solar feed-in tariff, or FIT, refers to the amount you pay for each kilowatt-hour of electricity when you export excess energy from a solar installation to the grid.

FIT means that in addition to generating your own electricity, you can also earn a small income from it.

FiTs technology was originally introduced by the government as a catalyst to stimulate demand for solar PV systems. As the solar industry has matured and solar panel prices have fallen by nearly 80%, FiT rates have fallen dramatically.

With current system payback periods of typically less than 6 years, any FiT you get can be viewed as a financial reward and a welcome financial spot rather than a hit or a stop factor – but that doesn’t mean you shouldn’t shop around for the best rate.

Below is a guide to ICT blueprints and offers by state/territory. We have provided minimum and maximum FiT rates for top retailers in each state by market share and also for the top 3 retailers offering highest maximum FiT rates.

Remember that a good solar feed tariff is important, but to find the best deal, you also need to estimate usage rates and supply charges. The best way to make sure you see the full picture and get the best deal overall is to compare your current power plan with a host of other offers with Free Energy Comparison Tool.

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Nutrition definitions in Victoria

in Victoria, The Basic Services Commission sets a mandatory minimum feed tariff for families. From 1 July 2022, Minimum feed tariff will decrease from 6.7c to 5.2c per kWh. Minimum electricity cost rates are lower than 2021-2022 due to the expected drop in wholesale electricity prices during the day for 2022-2023.

Retailers can also offer solar customers a time-varying minimum FiT. Effective July 1, 2022, customers using the TFE rate receive a daily rate of 5 c/kWh, a night rate of 7.1 cents/kWh, and an early evening rate of 6.9 c/kWh. Q (see table below). All variable rates decreased over time compared to the relevant 2021-22 rates.

Flat FiT (c/kWh) Time variable FiT (c/kWh)
all times Overnight Weekdays: 10 PM – 7 AM Weekends: 10 PM – 7 AM day Weekdays: 7 AM – 3 PM, 9 PM – 10 PM Weekends: 7 AM – 10 PM early evening Weekdays: 3 PM – 9 PM Weekends: Not available
5.2 c 7.1 c 5.0 c 6.9 c

Victorian electricity retailers are required to offer eligible FiT customers at least these prices for electricity exported to the grid. Electricity retailers may offer a price higher than the regulated minimum but are not obligated to do so.

Top 3 Feed Tariff Rates in Vic

retailers Solar Min Max Solar FiT
first energy 6.7 c 11.7 c
Tango Energy 6.7 c 10.1 c
Elysian Energy 10.0 EGP 10.0 EGP

Feed tariff rates for major Vic retailers

Major Vic Retailers Solar Min Max Solar FiT
AGL 6.7 c 6.7 c
Origin 6.7 c 10.0 EGP
Energy Australia 7.1 c 10.0 EGP
Simply Energy 6.7 c 6.7 c
red energy 6.7 c 8.0 EGP
Lomo Energy 6.7 c 6.7 c
Alenta Energy 6.7 c 6.7 c
Momentum energy 6.7 c 10.0 EGP
*Feed tariffs are for customers staying on a single Melbourne rate on the Citipower Network. Accurate as of May 29, 2022

Feeding Fee in NSW

There is no minimum feed-in tariff rate in NSW, although there is a reference range of 4.6 to 5.5c/kWh, according to Energy NSW.

Top 3 feed tariff rates in NSW

retailers Solar Min Max Solar FiT
GloBird Energy 3.0 c 20.0c (first 14 kWh/day, 5c thereafter)
red energy 6.0 c 18.0c (first 5 kWh/day, 6c thereafter)
nectar 0.0 EGP 15.0c (first 10 kWh/day)

Feed tariff rates for major NSW retailers

Major retailers in New South Wales Solar Min Max Solar FiT
Origin 2.0 c 10.0c (first 14 kWh/day, 5 degrees thereafter)
Energy Australia 7.6 EGP 10.0 EGP
AGL 5.0 c 10.0 EGP
red energy 6.0 c 18.0c (first 5 kWh/day, 6c thereafter)
Alenta Energy 6.7 c 6.7 c
Simply Energy 5.5 c 5.5 c
Powershop 0.0 EGP 13.0 EGP
Dudu 7.0 EGP 7.0 EGP
*Feeding fee for customers staying on a single fare in Sydney on the Ausgrid network. Accurate as of May 29, 2022

Feeding Fee in Queensland

If you live in southeast Queensland, there is no compulsory rate of electricity exported to the grid. Instead, electricity retailers offer competitive market-based prices.

Queensland regional solar power feed tariff

If you live outside of southeast Queensland, you may be able to access the regional solar feed tariff. This is a flat rate tariff available to eligible Ergon Energy Retail and Origin Energy customers. For 2020-21, the regional feed-in tariff is 7.861 cents per kilowatt-hour. To find out if you qualify, contact your electrical distributor:

  • Ergon Energy Retail If you are connected to the Ergon Energy network
  • Origin Energy if you are connected to the Essential Energy network.

Top 3 Feed Tariff Rates in QLD

retailers Solar Min Max Solar FiT
Sumo 6.0 c 12.0c (first 5 kWh/day, 7c thereafter)
nectar 0.0 EGP 11.5c (first 10 kWh/day)
red energy 5.0 c 11.5c (first 5 kWh/day, 5c thereafter)

Feed tariff rates for major retailers in QLD

QLD’S TOP RETAILERS Solar Min Max Solar FiT
Origin 2.0 c 10.0 EGP
AGL 5.0 c 10.0c (first 14 kWh/day, 5 degrees thereafter)
Alenta Energy 0.0 EGP 8.0 EGP
Energy Australia 6.6 c 10.0 EGP
red energy 5.0 c 11.5c (first 5 kWh/day, 5c thereafter)
energy local planning TBC TBC
energy booster 0.0 EGP 6.0 c
Simply Energy 7.0 EGP 7.0 EGP
*Feed tariffs are for customers staying on a single Brisbane rate on the Energex network. Accurate as of May 29, 2022

Nutrition definitions in South Australia

There is no minimum FiT in South Australia. The retailer feed tariff, It is available to anyone with a qualified solar system, and is a variable amount offered by retailers. It can change regularly due to influences such as wholesale price of electricity and competition in the market.

Top 3 feed tariff rates in SA

retailers Solar Min Max Solar FiT
nectar 0.0 EGP 12.0c (first 10 kWh/day)
Energy Australia 8.5 c 10.0 EGP
Momentum energy 0.0 EGP 10.0 EGP

Feeding tariff rates for major retailers in South Africa

Major Retailers in SA Solar Min Max Solar FiT
AGL 5.0 c 10.0c (first 14 kWh/day, 5 degrees thereafter)
Origin 3.0 c 10.0 EGP
Simply Energy 4.5 c 4.5 c
Energy Australia 8.5 c 10.0 EGP
Alenta Energy 8.0 EGP 8.0 EGP
Lomo Energy 3.0 c 3.0 c
Power Direct 5.0 c 5.0 c
locals energy 6.5 c 6.5 c
* Feed tariffs for customers staying on a single rate tariff in Adelaide on the SA power grid. Accurate as of May 29, 2022

Nutrition definitions in Western Australia

Western Australia does things a little differently than the rest of the country when it comes to energy. If you live in the West, you won’t have an option to retail electricity, as Synergy and Horizon Power cover urban and regional areas respectively.

WA’s residential tariff scheme came to its scheduled end last year. Fortunately, eligible residents can still access the Distributed Energy Buy-back Scheme (DEBS). DEBS offers residents time to pay export duties for the electricity they export to the grid, broken down into peak rates (3pm to 9pm) and off-peak rates (9pm and 3pm).

DEBS rates for major retailers in Washington state

WA . major retailers Off-peak DEBS rate peak DEB . rate
Synergy 2.75 EGP 10.0 EGP
Horizon force 3.0 c 10.0 EGP
*Accurate as of May 29, 2022

Feeding fees in the Australian Capital Territory

Since new applications for the ACT government’s supplemental tariff system closed in 2011, FIT is no longer regulated and set by retailers. Until recently, strict state regulations meant that only a few electric retailers wanted to operate in the ACT, leaving customers with somewhat limited options. Fortunately, more retailers have entered the market in recent years, allowing customers to shop for better deals.

Top 3 Feed Tariff Rates in ACT

retailers Solar Min Max Solar FiT
nectar 0.0 EGP 12.0c (first 10 kWh/day)
Energy Australia 7.6 EGP 10.0 EGP
Actuogle 7.2 c 10.0 EGP

Nutrition tariff rates for major retailers ACT

ACT . major retailers Solar Min Max Solar FiT
Actuogle 7.2 c 10.0 EGP
Origin 7.0 EGP 8.0 EGP
Energy Australia 7.6 EGP 10.0 EGP
locals energy 7.0 EGP 7.0 EGP
red energy 6.0 c 6.0 c
*Accurate as of May 29, 2022

Tasmanian feed tariffs

Historically, Tasmania has had one of the most regulated energy markets in the country. Aurora Energy was the only electricity company serving homes in Tasmania until February 2019 when 1st Energy was allowed to enter the local market. Since then, many retailers have taken their step in Tasmania, allowing customers to shop for a better deal.

As of July 2021, the minimum solar feed-in tariff rate is set at 6.501c/kWh in Tasmania. However, some providers choose to offer more competitive rates than that.

Top 3 feed tariff rates in TAS

retailers Solar Min Max Solar FiT
first energy 6.5 c 10.0 EGP
Elysian Energy 7.0 EGP 9.0 EGP
glare power 7.0 EGP 7.0 EGP

Feed tariff rates for major TAS retailers

TASS TOP RETAILERS Solar Min Max Solar FiT
Aurora Energy 7.2 c 10.0 EGP
first energy 6.5 c 10.0 EGP
Elysian Energy 7.0 EGP 9.0 EGP
locals energy 6.6 c 6.6 c
glare power 7.0 EGP 7.0 EGP
*Accurate as of May 29, 2022

Nutrition definitions in the Northern Territory

The Northern Territory energy market is regulated by the state government for users of less than 750 megawatts of electricity per year, providing customers with limited options but a fair price guarantee even if they live in a remote area.

When it comes to feed tariffs, the NT Government previously introduced a “premium” feed tariff of 26.05 cents per kWh.

On April 5, 2020, the government announced a new standard feed-in tariff of 8.3 cents per kilowatt-hour that applies to all new commercial and residential solar installations with a capacity of up to 30 kW. Energy retailers are welcome to provide more generous energy information at their discretion.

Customers who installed their system before April 5, 2020, can continue on the premium feed tariff until July 1, 2022, at which point they will be converted to the standard feed tariff.

Feeding tariff rates for major retailers in the Northern Territory

major retailers in NT Solar Min Max Solar FiT
Rimfire Energy 11.0 EGP 15.0c (with new solar energy
installation, 11.0c exists)
Jakana Energy 8.3 c 8.3 c
*Accurate as of May 29, 2022

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