*** Submissions have now closed ***
Have your say on the new draft feed-in tariffs for Victoria
The Victorian energy and pricing regulator is seeking submissions on their new draft feed-in tariffs, including a peak period tariff of 29c/kWh for rooftop solar exports back into the grid.
The Essential Services Commission (ESC) has proposed setting two different solar feed-in tariffs (FiTs) from 1st July 2018, of which retailers must offer at least one:
- a single rate feed-in tariff of 9.9c/kWh at all times, and/or
- a time-varying feed-in tariff, see table below:
Time-varying minimum feed-in tariff -- draft tariff rates:
|Period||Weekday||Weekend||Minimum rate (c/kWh)|
|Off peak||10pm - 7am||10pm - 7am||7.2|
|Shoulder||7am-3pm, 9pm-10pm||7am - 10pm||10.3|
|Peak||3pm - 9pm||n/a||29.0|
The introduction of a peak tariff for rooftop solar is a huge development, given that all solar tariffs up till now have been structured on a flat rate. It could change the way consumers think about their solar assets, and encourage battery storage. This article provides further analysis on the proposed changes.
Can you make a submission to the ESC? Here are some points you may wish to consider:
- The ESC expects that the offering of a “time-of-use” solar tariff will become compulsory over time, but there will be a transition period where retailers can offer a “single rate” FiT.
- The single rate tariff is well below the 11.3c/kWh tariff currently in place and even lower than the 'shoulder' rate offered on the time-varying FiT. If left to retailers to decide, will they end up only offering the single rate tariff with decreased benefit to solar owners?
- You may wish to include any personal examples about your solar systems and experiences with feed-in tariffs.