Best Solar Feed-In Tariff QLD 2024

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10 Best Solar Feed-In Tariffs in Queensland 2024

Do you want a better solar feed-in tariff? You’re not the only one. We’ve created this article to showcase the best solar plans and FiTs currently available so you can find the retailer that's right for you. Whether you’re a current solar owner and want a better feed-in tariff or new to solar and want to know how to get started, Electricity Monster’s got you covered. If you’re keen on finding a fair solar plan, getting the most competitive FiT rates, or looking to upgrade your existing battery storage system you need to call us now on 1300 232 848 as we can optimise your power bill, find you a fair deal on an energy plan, and more. Our energy experts are on standby waiting to help.

Retailer Minimum FIT (c/kWh) Maximum FIT (c/kWh)
Origin Energy
Origin Energy
5.00 12.00
Energy Australia
Energy Australia
6.60 12.00
Globird
Globird
4.00 11.00
Energy Locals
Energy Locals
10.70 10.70
AGL
AGL
5.00 10.00
Sumo Energy
Sumo Energy
2.00 8.10
Red Energy
Red Energy
1.00 8.00
Alinta Energy
Alinta Energy
8.00 8.00
Simply Energy
Simply Energy
5.50 7.00
CovaU
CovaU
5.50 5.50
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3 Best Solar Plans in QLD 2024

Queensland boasts a large number of competitive plans with each offering enticing FiTs. Choosing the right plan however, goes beyond just the FiT, which is why we cover important features of each solar plan including incentives, variable and fixed rates, and more. Please note that plans are subject to change. Any questions regarding plan specifics should be directed toward the retailer. Want to see if we can get you a better deal on your electricity? Call us on 1300 232 848 now.

Origin Energy - Solar Boost - 1st Place

Coming in 1st, we have the Solar Boost plan by Origin Energy. This variable rate plan includes zero exit fees, no lock-in contract, and competitive energy rates.

This solar plan has an attractive solar feed-in tariff of 12c/kWh and offers all-around value with its great rate. Even if you’re buying power, the Solar Boost plan is still a great option.

Some features of this plan include:

  • 12c/kWh
  • Zero exit fees
  • No lock-in contract
Retailer % Below DMO* Price/year (Est.)
Origin Energy QLD
Origin Solar Boost
0% $1,969

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Energy Australia - Solar Max - 2nd Place

In 2nd place, we have the Solar Max plan by Energy Australia. This variable rate plan comes with a high solar feed-in tariff of 12c/kWh and a competitive rate, making this an intriguing offer for solar owners.

Some features of this plan include:

  • 12c/kWh
  • Variable rates
  • High FiT
Retailer % Below DMO* Price/year (Est.)
Energy Australia QLD
Solar Max
0% $1,969

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Globird Energy - Solar Plus - 3rd Place

In 3rd place, we have Solar Plus plan by Globird Energy. This is a variable rate plan with zero exit fees, no lock-in contract, and a competitive feed-in tariff.

This plan is ideal for solar exporters due to its competitive feed-in tariff rate. If you're relying on buying power from the grid, this plan might not be for you. 

Some features of this plan include:

  • 11c/kWh
  • Variable rate
  • Zero exit fees
Retailer % Below DMO* Price/year (Est.)
Globird QLD
SolarPlus
1% $1,948

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Big 3 Solar Feed-In Tariffs in QLD 2024

In the table below, you’ll find the current solar feed-in tariffs in QLD 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 button below to get ahold of one of our energy experts

Retailer Minimum FIT (c/kWh) Maximum FIT (c/kWh)
Energy Australia
Energy Australia
6.60 12.00
AGL
AGL
5.00 10.00
Origin Energy
Origin Energy
5.00 12.00

Why Should I Go Solar?

By going solar, you can receive several rebates and benefits most notably in the form of subsidies.

One of the more popular subsidies, also known as Small scale Technology Certificates (STCs) is renewable energy certificates with a designated value based on the market. These certificates can be relatively high, offering significant value. Still, it is also important to note that the price can plummet, which may lead to a decrease in the amount of subsidisation for a solar system. 

Another advantage of switching to solar is an overall improvement in energy efficiency and 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 which are essentially credits that are applied to your energy bill. Please note that feed-in tariff rates can vary based on the retailer of your choice.

What is a Solar Feed-in Tariff?

A solar feed-in tariff is a payment you receive from your electricity retailer for any excess energy produced by your solar system that gets fed back into the grid. 

Solar feed-in tariffs usually consist of a few cents that you’ll receive for each Kilowatt hour (kWh) of excess energy produced.

In most cases, these tariffs are not paid out in cash but will instead appear as a credit on your energy bill.

How Do Solar Feed-In Tariffs Work?

Now that you know what a solar feed-in tariff is, let’s get you up to speed on just how solar rays turn into electricity.

The photovoltaic (PV) cells in your solar panels absorb the solar rays emitted by the sun. These photovoltaic cells produce Direct Current (DC) electricity through the photovoltaic effect. 

The inverter converts this DC electricity into Alternating Current (AC) electricity, making it usable for your home appliances.

The switchboard allows the electricity to flow to the electrical appliances that require it. Additionally, the switchboard also directs the excess electricity produced back into the grid for a solar feed-in tariff rate.

A smart (bi-directional) meter facilitates the process while counting the energy exported to and from the electricity grid.

Does it Make Sense to Get a Higher Solar Feed-in Tariff?

When shopping around for a solar plan, it makes sense to have a high solar feed-in tariff. But is there a reason why homeowners are looking for the best rates? Is there a catch?

It’s simple. Homeowners want the best feed-in tariff because they want to see the maximum savings they were promised when they decided to switch to solar energy.

However, it’s worth noting that high feed-in tariffs may come with higher energy rates – although this depends on the energy provider. We recommend calling us at Electricity Monster if you have any questions regarding solar as we’ll break down each solar plan in our database and recommend one that is best suited for you.

But, is the plan with the highest solar feed-in tariff (FiT) actually the right one for you? It depends on your electricity usage.

For example, a home that exports loads of excess solar energy may benefit from a high feed-in tariff. But a household that exports little to no excess energy may be better off with a moderate feed-in tariff and a sharper electricity rate. 

It may sound complicated but don’t worry, we can help. Call one of our friendly energy experts, and we’ll crunch the numbers to see if you’re getting a fair solar feed-in tariff rate.

Can I Upgrade My Solar System?

Yes, you can. Many Australians are favouring battery storage systems these days to help offset the costs of buying energy from the grid. An increasingly affordable solution for Aussies looking to remove themselves from the grid or reduce their reliance on grid energy, battery systems are becoming a popular addition to solar households.

Unfortunately, there is no current battery scheme available in Queensland. However, there are still several federal and state rebates that you may be eligible for. If you want to learn more, give us a call on 1300 232 848 now and our energy experts will break down what you may qualify for.

What is a Minimum Feed-In Tariff?

So what exactly is a minimum feed-in tariff?

A minimum solar feed-in tariff is the baseline rate that electricity retailers have to offer with their energy plans.

Queenslanders who reside in the southeast region on the Energex power network do not have a minimum solar feed-in tariff that energy providers must adhere to. Therefore, customers must be extra vigilant when it comes to finding an electricity plan with a good solar feed-in rate.

Solar Feed-In Tariffs - The Verdict

Well, there you go! That’s all the info on solar feed-in tariffs for residential customers in QLD. 

But where to now? How would you go about maximising the return on investment on your solar system?

A high solar feed-in tariff will always look very attractive, but it may not necessarily help you get the best out of your solar system.

The answer: It all depends on how you use your energy.

A higher solar FiT may suit a household that exports heaps of excess electricity produced by their solar system. But for a home that mostly buys energy from the energy grid, a sharper electricity rate and a moderate feed-in rate may be more effective.

It’s no surprise to see solar power booming in Australia and with competitive solar FiT rates being offered, you can see exactly why. 

We consider all factors and help to find you the best electricity plan within our network of providers to maximise the rate of return on your solar system. Whether you’re new to solar or looking to upgrade your current setup, we can help. Call us on 1300 232 848 today.

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Disclaimer

This publication reviews solar feed-in tariff rates in QLD accurate as of 07/04/2024.

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.
Benjamin Tom

Benjamin Tom covers the retail energy market, with a focus on electricity, solar, and Internet. His interests include helping people navigate the complexities of the energy market while saving money on their power bills.