How To Get The Best Solar Feed-In Tariff in NSW!

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We’ve got you covered. At Electricity Monster, we’ve been working with Aussies like you find a competitive feed-in tariff without the hassle of shopping around. With over 135,000 Australians helped, we pride ourselves on offering the best solar deals we have available. Don’t settle for a terrible feed-in tariff when there may be numerous options available. Phone us today at 1300 232 848 and our energy experts will optimise your energy bill and work to find you a fair deal.

This article is designed to answer all of the questions you may have surrounding solar feed-in tariffs in New South Wales. Whether you’re a current solar owner or thinking about going solar, we’ve compiled a list of resources to help address your concerns. Keep reading below to learn more.

Select your state to compare the best solar feed-in tariffs.

NSW SA QLD ACT VIC

Compare Solar Feed-In Tariffs in NSW

In the table below you’ll find the current solar FiT 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 232 848 or click on the ‘Get Best Offer’ button below to get ahold of one of our energy experts.

Solar Feed-in Tariffs

You must purchase a solar system from Origin Energy to be eligible for the maximum Feed-in Tariff.

Do you currently own a solar system in NSW and want to maximise your rate of return?

If you’re a current solar owner, getting the maximum rate of return on your investment is important. Calculating your solar ROI can offer more financial benefits than you might think.

If you relate to any of these problems, we have the solution for you:

  • I am exporting a significant amount of electricity to the grid.
  • I am spending too much on power from the grid.
  • My neighbors are getting a better feed-in tariff rate than me.
  • I believe I am not maximising the rate of return on my solar investment.

If any of the concerns raised above relate to you, Electricity Monster is the solution. Phone our energy experts on 1300 232 848 and we will analyse your energy consumption profile and recommend the best-suited plan we have in our system that will maximise your rate of return. Best of all, our comprehensive service is 100% free to use. Give us a call now and see how we can help.

Best Solar Feed-In Tariffs in NSW

In the table below, you’ll find a breakdown of solar feed-in tariff rates offered by popular electricity retailers in NSW. It’s important to note that the rates listed below are subject to change. We recommend phoning us at 1300 232 848 to speak to one of our energy experts who can guide you through the best offers we have available.

Solar Feed-in Tariffs

You must purchase a solar system from Origin Energy to be eligible for the maximum Feed-in Tariff.

Do you currently own a solar system and feel like it is outdated or underperforming?

Over time, solar systems can become outdated and perform at a poor level which can affect your bottom line. If this goes unnoticed, you’re essentially losing out on value that you’d normally get with a brand new system.

Do any of the following problems sound familiar? We have the solution for you.

  • I believe my solar system is underperforming .
  • My household size has increased, and so has my energy usage. My current solar system is not big enough for our needs.
  • I’m considering upgrading my solar system to battery storage. How much will this cost me?
  • I don’t know if my solar system is giving me the maximum rate of return.

The solution is simple. Speak to one our energy experts at Electricity Monster immediately on 1300 232 848. We will analyse your current energy profile and solar system and offer suggestions on what modifications can be made. We can also help determine if you qualify for any additional rebates in your region to help maximise your rate on return. Our service is 100% free to use.

Compare Solar Plans in NSW

In the table below, we've compiled a list of NSW solar plans offered by the ‘Big 3’ energy retailers: Origin Energy, EnergyAustralia, and AGL Energy. Rates and plan information are subject to change. To learn more about solar plans, please give us a call now or click on the red button below and one of our energy experts will get back to you.

Electricity

Based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,512 / year ?

Electricity plans are now compared to a government reference price. This makes it easier to compare energy plans across the market. The reference price comparison and annual estimate is calculated based on an average usage customer.

What's included in the discount and the price/year estimate

  • GST (unless otherwise stated)
  • Any advertised non-conditional discounts (e.g. guaranteed discount)
  • Includes any one-off credits

What's not included

  • Conditional discounts (e.g. pay on time discount)
  • Green energy charges
  • Any concessions or rebates which may apply to you
  • Solar feed-in tariff credits that your solar system could generate

The reference price comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.

Are you thinking of going solar but have concerns?

Many homeowners are adding solar systems to their property due to the payback they could potentially receive. But if you’re going solar for the first time, there are several important factors you need to consider or you could be missing out on incentives, discounts, and overall money saved.

Here are some common concerns and issues prospective solar owners face:

  • Is it expensive to go solar?
  • Are there solar rebates available in my area?
  • If so, what rebates am I eligible for?
  • What solar plan is best-suited for my current system?

Electricity Monster can answer all of these questions and work with you to get started with solar. Call one of our energy experts at 1300 232 848. We will analyse your bill, design a solar system tailored to your needs, leverage off the rebates that are available in your state, and guide you to the best energy plan we have in our system that will complement your new solar system. Best of all, our comprehensive service is 100% free to use.

135,000

CUSTOMERS

Alex D.

“Extremely efficient and thorough help, absolutely fantastic job helping me get set up in my new home”

Do you want to upgrade your solar system and add a battery storage system?

Adding a battery to your current solar system can be a cost-efficient move that can also help lower your grid demands.

Some common questions and concerns solar owners have include:

  • How do I add a battery storage system to my solar system?
  • How much will this cost me?
  • If I add a battery to my existing solar system, do I need to switch energy plans?
  • How do I know what battery is right for me?

Electricity Monster is your one-stop-shop for all your solar and battery needs. We’ll analyse your current solar system and advise you on what batteries we recommend for your current solar system. Our energy experts will also optimise your current energy plan and recommend the best available plan in our system. If you’re interested in a battery storage system, don’t be overwhelmed by the process. Instead, phone our energy experts today.

Why Should I Go Solar?

If you’re new to the solar scene and want to set up a system for your home, there are several exciting incentives that you may be eligible for. For example, you can receive a number of rebates and benefits in the form of subsidies.

Two programs currently being offered in solar that you may be eligible for include:

  • The Solar for Low Income Households Program; and
  • The Empowering Homes Solar Battery Loan Offer.

Each of these programs offers benefits that can help reduce the cost of solar and make it more affordable for those looking to make the switch.

Another advantage of switching to solar is an overall improvement in energy efficiency along with smart systems that can be installed throughout your household.

Lastly, with a solar system in place, you may be eligible to receive solar feed-in tariffs that vary based on the retailer. If you’re interested in learning more about solar feed-in tariffs, phone us at 1300 232 848 today and one of our energy experts will help guide you through the best solar plans we have available.

We Can Help You Compare Solar

Want to set up a solar installation for your home or business? Look no further. At Electricity Monster, we’ve partnered with various professional solar installers. Enjoy competitive rates and get connected to solar today!

What is a Solar Feed-in Tariff?

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 Do Solar Feed-In Tariffs Work?

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 that will simultaneously count the energy exported to and consumed from the grid.

Does it Make Sense to Get the Best Solar Feed-in Tariff in NSW?

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 guarantee you more savings? Not necessarily.

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.

It may sound complicated but don’t worry, we can help. At Electricity Monster, our energy experts can help you find a competitive feed-in tariff and an energy plan that not only suits your personal and financial needs, but at the best rate we have in our system – at no cost to you. It’s that simple. Phone us today at 1300 232 848 today and let us help you get a fair deal at a fair price.

Can I Upgrade My Solar System?

Yes, you can and we can help. Many Aussies are upgrading to a battery storage system to help offset the costs of purchasing energy directly from the grid. One common concern many solar owners have before upgrading is whether they can afford it. We recommend giving us a call at Electricity Monster as we can offer advice regarding your current solar system as well as what modifications can be made.

If you’re looking to upgrade, a scheme known as the Empowering Homes Solar Battery Loan offer is available to eligible NSW residents. This offer is designed to help homeowners in eligible postcodes access interest-free loans that are put towards a solar battery system. If you want to learn more about this rebate and additional incentives you may qualify for, give us a call on 1300 232 848 now and our energy experts will analyse your current solar setup to determine what you qualify for.

Looking to go solar or upgrade your system?

Are you new to solar or want to upgrade your current solar system? The good news is we can help. Our energy experts can help you upgrade your existing solar system, provide you with information on currently offered battery rebates and schemes, or help you set up solar installation for the first time.

Minimum Feed-In Tariff (FiT)

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

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

It is important to note that solar customers need to take a close look at a plan’s feed-in tariff rate to avoid falling into a bad deal.

Solar Feed-In Tariffs - The Verdict

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. We’ve broken down everything you need to know about solar feed-in tariffs in NSW. Why not add FAST, FREE, and FAIR advice to that? At Electricity Monster, we’ll consider all factors and help you find a solar plan that suits your personal or professional needs. With over 135,000 Australians helped, we’re not only a brand you can trust, but we also have the experience to help you not only get a fair solar plan but also a competitive electricity & gas plan as well. Phone us at 1300 232 848 today.

Not Renewed Your Energy Contract In 12 Months Or More?

Lots of energy contacts only have benefit periods for 12 months. When your benefit period runs out, you may get moved onto a more expensive offer from your retailer. It is essential to check your plan to ensure it is still competitive. Call one of our free energy experts on 1300 232 848, who will review your energy plan and help you renew today.

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Disclaimer

This publication reviews AGL, EnergyAustralia and Origin Energy’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 01/05/2022.

Important Points to note are:

  • The plans displayed have been taken from the energy fact sheets published on the retailer's website. We do not guarantee that this information is correct or that it applies to every household in Australia.
  • Comparisons have been made on the peak rates in single rate plans from retailers, plus their daily electricity supply charges.
  • The Citipower network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Ausgrid network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in NSW.
  • The SA Power Networks network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Energex network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in QLD.
  • The Evoenergy network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in the ACT.
  • The ACTO network has been used to compare gas plans in WA.
  • The reference price/VDO/GAS comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different from these estimates if your usage differs from the average amounts used in this calculation.
  • The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
  • All dollar figures include GST.
  • The plans displayed may be different than those advertised.
  • The plans offered on this page may not be available in our call center.
  • Get Best Offer’ is indicative of the best offer available in our database from our partners