Regional feed-in tariffs are changing.
Eligibility for the feed-in tariffs will be expanding to now include systems up to 30 kilowatts.
Regional feed in tariff has increased to 10.102 cents per kilowatt hour
For those customers currently living in regional Queensland and who are not currently receiving the 44-cent feed-in tariff, your property must be connected to one of the following in order to be eligible:
- Ergon Energy Distribution Network
- Essential Energy Network in South West Queensland
At present, the Queensland Competition Authority continuously advises and confirms the regional feed-in tariff rate each year. For the 2016-17 year, the regional feed-in tariff was set at 7.448 cents per kilowatt hour. For the 2017-18 year, the regional feed-in tariff has been increased to 10.102 cents per kilowatt hour.
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To maintain eligibility for the regional feed-in tariff, you must:
- Operate a solar PV system with a maximum inverter capacity not exceeding 5 kilowatts (this will increase to 30kw in 2017)
- Consume less than 100 megawatt hours (MW) of electricity a year (average home uses approximately 6.1 megawatts a year)
- For the premises where the system is installed, be a retail customer of:
- Ergon Energy Queensland, or
- Origin Energy (only if you are connected to the Essential Energy supply network)
This is a game changer
These new changes are a significant boost to both residential and business customers wanting to reduce their energy costs. For example, you can now use Solar as a Service to go solar without paying for the system and lock in a low solar energy rate for the power that you use. With the power that you don’t use you can get paid 10.102 cents.