Best Solar Feed-In Tariff VIC 2023

Have you spent your hard-earned money on a solar system but feel like you could be getting a better feed-in tariff rate? This article is designed to answer all your solar questions and provide you with a list of the best solar feed-in tariffs in VIC. If you’re keen on finding the right solar plan, getting the most competitive FiT rates, or looking to upgrade your existing battery storage system you should call us now on 1300 232 848 as we can assess your power bill and provide many free solutions in less than 15 minutes.

Victoria 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.

*Victoria electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,571 / year. Click here for more information.

*Victoria electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,571 / year. Click here for more information.

*Victoria electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,571 / year. Click here for more information.

In the table below you’ll find the current solar feed-in tariffs for the ‘Big 3’ energy retailers: Origin Energy, Energy Australia, and AGL Energy. To learn more about the FiTs in your area, give us a call or click the button below and one of our solar experts will assist you.

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 to 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.

Generally, it’s not paid out in cash but will instead appear as a credit on your energy bill from your designated electricity retailer.

Unless you have a solar battery, any excess electricity your solar system produces that you don’t consume will instantly be fed into the grid.

The photovoltaic cells (PV) in your solar panels turn the sun’s solar rays into electricity. When sunlight is exposed to each solar cell, it causes the particles to vibrate.

The vibration is what we call kinetic energy. This is converted into electrical energy when it moves from the solar panels into the solar inverter. The solar inverter converts the energy into a usable form for your electrical appliances.

Your solar inverter is connected to your switchboard. The switchboard gives you the flexibility to use your energy and for the excess to be sold back to the electricity grid at a solar feed-in tariff rate.

A solar battery limits your reliance on the grid and stores the excess energy produced by your solar system for when nightfall hits.

When you’re looking at a solar plan, you typically look for a high solar feed-in tariff. But what’s the reason behind this? Isn’t there a catch?

Because you want to see the maximum savings you were promised when you decided to switch to solar energy.

However, some electricity retailers offer plans with high feed-in tariffs but may also have high energy rates.

But, is the plan with the highest solar feed-in tariff (FiT) the best one for you?

It all comes down to how you use your electricity.

A household that exports heaps of excess solar energy may benefit from a high feed-in tariff. But a household that barely exports any excess energy may be better off with a moderate feed-in tariff and a sharper electricity rate.

Sounds a bit complicated? Don’t worry, we can help. Call one of our friendly solar experts, and we’ll crunch the numbers to see if you’re getting a fair solar feed-in tariff rate!

Perhaps you’re already on a current energy plan but want to shop around for something better. Phone us now and one of our energy experts will work to find you a balanced plan that helps you get a better value out of your solar system.

Switching to solar is not a small commitment. It’s a long-term investment with a high initial upfront cost. But if done right, has absolutely rewarding benefits.

Remember, it’s not all about a high feed-in tariff. It also depends on your energy usage.

If you’re using the energy your solar system produces and still buying electricity from the grid, you may be better off with a sharper electricity rate and a moderate feed-in tariff.

But if you’re exporting an enormous amount of excess solar energy, then the highest solar feed-in tariff could be your best option.

We consider all factors and help find 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 584 872 today.