When your solar system generates more energy than you use, your electricity retailer pays you a feed-in tariff for the excess power exported to the grid. These rates are set by individual energy providers and can vary depending on your location and provider.
A feed-in tariff is the rate your electricity provider pays for excess solar energy your home or business sends back to the grid. These rates vary by state and are set individually by electricity retailers, meaning offers can differ significantly across providers.
Feed-in tariffs provide an additional return on your solar investment, on top of the savings you already enjoy on electricity bills. In Australia, typical rates range from 5 to 12 cents per kilowatt-hour (kWh), depending on your location and energy retailer.
Solar feed-in tariffs allow you to earn money for the unused solar electricity you generate that is exported to the grid.
IPART sets solar feed-in tariff benchmark ranges each year. These can help you see if your electricity retailer is offering a reasonable solar feed-in tariff.
Net Feed in Tariff
A premium is paid to you for any surplus quantities of energy generated by your solar panel installation.
Credits will be issued for selling the excess electricity generated to the grid. This can be used against your electricity
Gross Feed in Tariff
Get paid for the excess electricity that your solar panel installation generates!
This is regardless of the fact that the excess electricity goes into the grid or is consumed by your living space.
Before choosing a feed-in tariff plan, it’s important to ask the right questions to ensure you’re getting the best value:
What rate will I be paid for the electricity I export to the grid?
What is the cost of the electricity I buy from you?
Am I enrolled in a standard or premium feed-in tariff?
How will I receive payment for surplus energy—direct deposit, cheque, or another method?
Let Rescom Solar help you maximise your solar savings. Contact us today for a free, no-obligation quote.
Mulgrave NSW 2756 & Kelso NSW 2795
Our Locations
Mulgrave Warehouse
1/36 Groves Ave Mulgrave NSW 2756
Kelso Warehouse
193 Sydney Road, Kelso NSW 2795
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