What 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.

What is a good 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.

When did NSW Government start feed in tariff?

In January 2009, the Taskforce issued a submission on the design of a feed-in tariff scheme for NSW. On 23 June 2009, the government announced a Solar Bonus Scheme. This is a net feed-in tariff for the state rather than a gross tariff.

Which is the best solar feed in tariff in NSW?

Who has the best solar 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 AGL offers a generous 17c/kWh.

What’s the minimum feed in tariff for electricity?

From 1 July 2019 (2019/20 fiscal year) the minimum electricity feed-in tariff for households and businesses who feed power back into the electricity grid from small renewable energy sources will be 12.0 cents per kilowatt hour (kWh).

Which is the most generous feed in tariff in Australia?

It is a gross metered scheme meaning that owners get paid a premium rate for all electricity produced by their installation with their own usage being metered separately. The ACT scheme will be the most generous feed in scheme in Australia when it comes into operation some time after March 2009.