* We do not compare all energy providers & have commercial arrangements with our partners.

The Best Solar Feed-In Tariffs on the NSW Energy Market!

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* We do not compare all energy providers and have commercial arrangements with our partners.

Searching for the best solar feed-in tariffs the NSW energy market has to offer? Or are you looking to go solar?

Solar power is paving the way for renewable energy in Australia. Investing in a solar system is no small matter, but the amazing benefits are worth it in the long run.

Feed-in tariffs are a good way to maximise the return on your solar system investment. So it’s crucial to get a solar plan with a good feed-in tariff rate to suit your electricity needs.

On the hunt for the best solar feed-in tariff? 1300 232 848 is the number to dial! Give Electricity Monster a call to have a chat with our friendly team of energy specialists who’ll help you get a better feed-in tariff rate for your solar needs!

In the table below, we’ve compiled a list of all the energy providers for residential customers available in New South Wales. We have ranked the electricity retailers based on the alphabetical order.

Solar Feed-in Tariff – NSW

Sick of High Electricity Bills?
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* We do not compare all energy providers & have commercial arrangements with our partners.

RetailerMinimum Feed-in Tariff (kWh)Maximum Feed-in Tariff (kWh)
AGL9.5c17c
Alinta Energy7.5c7.5c
Amber Electric0c0c
Bright Spark Power8c8c
Click Energy10c16c
Commander11.6c11.6c
CovaU0c8.5c
DC Power Co7c7c
Diamond Energy0c10.2c
Discover Energy6c11.5c
Dodo11.6c11.6c
Electricity In A Box0c7c
Elysian Energy8.4c8.4c
Energy Australia9.5c9.5c
Energy Locals10c10c
Enova Energy0c12c
Future X Power4c4c
Globird Energy3c3c
Glow Power7c7c
Indigo Power10c10c
Kogan Energy5.53c5.53c
LPE0c8.5c
Members Energy6c6c
Mojo Power7.5c10c
Momentum Energy0c7c
Nectr0c0c
On by Energy Australia0c0c
Origin Energy7c22c*
OVO Energy0c0c
People Energy0c0c
Pooled Energy8c10c
Powerclub0c7c
Powerdirect9.5c9.5c
Powershop0c7c
Q Energy8c8c
Radian Energy0c0c
ReAmped Energy3c21c*
Red Energy8.5c9.5c
Simply Energy8c8c
Social Energy9c40c*
Sumo Power8c8c
Tango Energy5.5c5.5c
1st Energy6c11c

Keen to find out more?

Solar Feed-In Tariffs

A solar feed-in tariff is a rate that energy providers pay you for the excess energy produced by your solar system.

Doesn’t sound too bad right?

The way solar power works is that it’s an energy source that needs to be used instantly. 

The excess electricity produced gets shared back into the grid for a feed-in tariff. You receive this in the form of a credit payment on your electricity bill.

The solar feed-in tariff is a rate that pays out a few cents per kilowatt hour of electricity.

How does it work?

Want to find out how solar power works?

So how does the sun power your home?

Solar panels absorb the sun’s solar rays using their photovoltaic cells (PV) and produce electricity via the photovoltaic effect. 

The generated electricity is Direct Current (DC) and is not a usable form for your household’s electrical appliances. 

Here’s where your solar inverter comes in handy! Your solar inverter converts the Direct Current electricity (DC) into Alternating Current electricity (AC) which is suitable for your home appliances. 

The switchboard provides the flow of electricity to the appliances that require energy. Additionally, the switchboard also directs any unused energy your solar system produces back into the grid, earning you a feed-in credit on your electricity bill in the process. 

This function is facilitated by installing a smart (bi-directional) meter which will simultaneously count the energy exported to and consumed from the grid.

Important things to consider!

If you were to choose a solar energy plan; Would you pick the one with a high feed-in tariff or a low feed-in tariff? The higher one right?

But does that necessarily guarantee you more savings? No, Not at all!

Energy retailers may offer a solar plan with a high feed-in tariff which is sure to catch your eye! But beware as some of these plans might also have high electricity usage rates.

How do you know what solar feed-in tariff maximises your Return On Investment (ROI) and suits your electrical needs?

It depends on how you use your energy!

A solar plan with a higher feed-in tariff may be more beneficial to a household that exports a lot of excess energy. But for a household that heavily relies on buying energy from the grid, a sharper electricity rate and a moderate solar feed-in tariff may be the answer. 

Contemplating between a high feed-in tariff or sharper electricity rate? Call us today on 1300 232 848 for Fast, Free and Fair advice. What are you waiting for? We’ll help you find that electricity plan with a sweet solar FiT to get a better value out of your solar system!

Sick of High Electricity Bills?
We can help compare your energy rates!

* We do not compare all energy providers & have commercial arrangements with our partners.

Best Feed-In Tariff – NSW

In the table below, we’ve compiled a list of the top 4 feed-in tariff rates available in NSW. We have analysed and ranked the energy retailers based on their Maximum Feed-in Tariff.

RetailerMinimum Feed-in Tariff (kWh)Maximum Feed-in Tariff (kWh)
Social Energy9c40c*
Origin Energy7c22c*
ReAmped Energy3c21c*
AGL9.5c17c

40 cents Feed-in Tariff?

Social Energy

Social Energy is the new kid on the block and offers a smashin’ FiT rate of 40 cents per kWh. 

But hang on! This tariff is only available to customers who own a smart solar and battery system compatible with Social Energy. 

Also, this premium rate is only available for the first 300kWh each quarter. After which, the standard 9c/kWh feed-in tariff will apply until the coming quarter.

Solar FiT’s in their 20s?

Origin Energy

Wow! Coming in red hot with a scorchin’ 22 cents per kWh feed-in tariff rate is Origin Energy!

But hold on! To get that rate, your solar panels must be purchased and installed by Origin Energy.

So what if you’ve already got a solar system installed but want to make the jump to Origin Energy? Well, their solar plan still gives you a reasonably competitive FiT of 12 cents per kWh based on their current offers.

ReAmped Energy

Next up, is an electricity retailer that prides themself on simple plans and low prices. 

Amping you up with a solar feed-in tariff of 21 cents per kWh is ReAmped Energy! 

Here’s the catch! This rate only applies to the first 5 kilowatt hours per day. After which, the solar feed-in tariff rate is at 5 cents per kWh.

Still a pretty decent offer though!

Minimum Feed-in Tariff (FiT)

You must be wondering what a minimum feed-in tariff is right? 

Essentially it’s the minimum rate which retailers have to offer with their electricity plans.

But the state of NSW has no preset minimum Feed-in Tariff rate. So solar customers really need to take a closer look at a plan’s feed-in tariff rate to avoid falling into a bad deal.

Want a better understanding of solar FiTs?

Solar Energy – Yea or Nah?

By now, you should have a relatively decent understanding of solar energy and the feed-in tariff rates that NSW electricity retailers have on offer. 

Let’s not forget that a high solar feed-in tariff (FiT) is all well and good, but it may not necessarily give you the savings you were promised.

It’s all up to you! Choosing a plan with a solar feed-in tariff depends on how you use your electricity!

If you’re exporting enormous amounts of excess electricity to the grid, then the best option may be a plan with a higher feed-in rate. But for a household that buys more energy from the grid than it produces, a sharper energy rate and decent FiT rate may prove to be more beneficial.

Well, there you have it! You’ve got all the feed-in tariff rates available in NSW. Why not add FAST, FREE and FAIR advice to that? We’ll consider all factors and help you find a solar plan that suits your electrical needs! Call us on 1300 232 848 today!

Sick of High Electricity Bills?
We can help compare your energy rates!

* We do not compare all energy providers & have commercial arrangements with our partners.

Disclaimer:

Important points to note are:

  • Feed-in tariffs are for residential customers on a single rate tariff in Sydney on the Ausgrid network. *Social Energy’s higher feed-in tariff is only available if your solar and battery system is compatible with the retailer and applies to the first 300kWh of each quarter. *Origin Energy’s higher feed-in tariff only available when a customer purchases solar system through the associated energy retailer. *ReAmped Energy’s higher feed-in tariff only applies to the first 5kWh per day. 
  • Some plans may require you to meet certain conditions before a discount becomes available to you. Check the energy provider’s plan information for details of all possible discounts that may apply and any conditions that need to be met to be eligible for these discounts. Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.
  • All FIT information is based on the Price Fact Sheets taken from the respective retailers’ websites.
  • The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
  • This data is accurate as of 14/01/2021
About Vimal

Vimal is an energy journalist, obsessed with getting Australians a fair price in an inflated electricity market. Equipped with a Bachelors degree in Marketing, his interests revolve around energy markets.

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