Best Solar Feed-In Tariff NSW 2024

• The Best Solar FiTs in NSW
• The Top 10 Best Solar Plans
• Big 3’ Solar Feed-in Tariffs NSW
• How to Choose a Solar Plan and Fit Rate
• The Minimum Feed-in Tariff in NSW
• NSW's Solar System Size Limits
• What a Solar Feed-in Tariff Is

Are you eager to get the most out of your solar system? We’ve got you covered. In this article, we'll cover everything you need to know about solar feed-in tariffs and solar plans, including the top solar feed-in tariffs, the best solar plans currently offered, how to choose a solar energy provider, and more. Whether you're a solar enthusiast looking to optimise your savings or a homeowner looking to make the switch, we’ve got the resources to help guide you to making an informed choice.

The table below lists the highest feed-in tariff rates in NSW, from highest to lowest. If you're looking to compare electricity plans in Sydney, Newcastle, Wollongong, or the surrounding cities in New South Wales, call us today. We provide a variety of solar solutions tailored to your needs and budget. We can analyse your electricity bill, provide you with information about solar panels, and answer any questions you might have about a new electricity plan.

New South Wales is home to several competitive electricity retailers, each offering unique feed-in tariffs, plans, and price structures for all types of solar customers. In the table below, you’ll find some of the best solar plans currently available in the market.

*Calculated based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network. The DMO reference price is: $1,810 / year. Click here to view plan energy fact sheets.

In the table below, you’ll find the current solar feed-in tariffs in NSW for the ‘Big 3’ energy retailers: Origin Energy, EnergyAustralia, and AGL Energy. To learn more about the feed-in tariff rates in your area, phone us at 1300 743 173 or click on the button below to get ahold of one of our energy experts.

Finding the right solar plan isn’t as easy as it sounds, and solar feed-in tariffs are only one part of the whole picture. Whether or not it is more advantageous to have a high feed-in tariff can depend on your typical energy behaviour and energy generation. If you’re a high exporter and produce more electricity than you use, then a high rate could benefit you. Conversely, if you rely more on the main grid for power, then you may benefit from a low electricity rate. It’s important to note that FiT rates change per property, so you’ll need to call each provider individually to get exact rates for your household. 

However, it’s not as simple as choosing a plan based on the aforementioned profiles. You’ll also need to consider other factors, such as daily supply charges (the cost you pay to your energy retailer to be connected to the electricity grid) and usage rates (rates charged for the actual electricity you use from the main grid). Usage rates can vary depending on your provider and tariff, with rates typically higher during peak periods and lower during off-peak times. On the other hand, single-rate tariffs provide a flat feed-in rate regardless of the time of day, which offers the advantage of having a set rate, but potentially lower earnings during peak periods. For instance, homeowners with smaller solar systems that do not export a lot of energy back to the grid might want to consider going with a plan that has lower usage and daily supply charges because your capacity to get more back from exporting is limited by the size of your solar PV system.

The easiest way to figure out which solar plan and rate is right for you is to do a bill-to-bill comparison with one of our solar experts at Electricity Monster. Simply upload your bill, and our experts will complete a serviceability check on your property and get the exact rates available to you – these can vary per property. We’ll also compare rates with all the providers we are partnered with and recommend competitive plans based on your usage profile. We’ll take care of the entire process from start to finish.

Currently, there is no minimum feed-in tariff (FiT) rate in New South Wales.

In New South Wales (NSW), the state government does not set a minimum FiT. Instead, electricity providers set their rates based on factors like market competition.

The current benchmark rate in NSW is 4.6 to 5.5 c per kWh for 2023-2024.

In Australia, there are guidelines that regulate the maximum size of your solar PV system. These guidelines vary depending on your network, where your home is located, and whether your home is a single-phase or three-phase connected property.

But first, let’s break down what each type means. A single-phase system only has two wires (one neutral and one active) and supplies 240V to the property – this is commonly seen in residential properties and small commercial buildings. A three-phase system has four wires (one neutral and three active). Three-phase systems can supply 415V and 240V (single-phase) of power from the same power supply. These systems are typically found in large residential properties, medium-sized commercial buildings, and other establishments that require a higher electricity capacity. 

Regarding solar installations, the key difference lies in the potential for greater power generation and distribution with a three-phase connection. Since three-phase systems can handle higher loads and distribute power more evenly, they are better suited for larger solar systems and properties with higher energy demands. This particularly benefits households with energy-intensive appliances such as air conditioning units, electric vehicle chargers, refrigerators, and washing machines.

In the table below, we’ve listed the current solar system size limits for each electricity distributor in New South Wales.