Best Solar Feed-In Tariff VIC 2024

• Best Solar Feed-in Tariffs VIC 2024
• Top 10 Solar Plans in VIC
• ‘Big 3’ Solar Feed-in Tariffs VIC
• How Do I Choose the Right Solar Plan For Me?
• What is a Solar Feed-in Tariff?
• How Do Solar Feed-in Tariffs Work?
• Solar System Size Limits By Network
• Minimum Feed-in Tariff in VIC
• Can I Upgrade My Solar System?

As more Australians transition to solar, understanding which electricity retailers offer the most competitive feed-in tariffs has become increasingly important for both solar enthusiasts and prospective solar consumers. 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 tariff rates, the best solar plans currently offered, how to choose a solar plan, and more. Whether you're a solar enthusiast looking to optimise your savings or a homeowner looking to make the switch, we’ve got you covered.

The table below lists the highest solar feed-in tariff rates in VIC, from highest to lowest. If you're looking to compare electricity plans or need a solution to lower your high power bills, call us today. We provide a variety of solar solutions tailored to your needs and budget.

Victoria is home to several competitive electricity retailers, each offering unique rates, plans, and price structures. In the table below, you’ll find some of the best solar plans currently available in the market.

*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network. The VDO reference price is: $1,456 / year. Click here to view plan energy fact sheets.

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.

When you’re comparing solar plans, there are many factors to consider. While the highest solar feed-in tariff might sound enticing, they generally have expensive electricity buy rates attached to them. So, if you are still purchasing a high amount of electricity from your retailer, you need to be careful you don’t end up paying all of the savings your solar system has generated back to the electricity retailer.

As the name suggests, a solar feed-in tariff is a payment from your electricity retailer for the excess electricity produced by your solar panels system and sent back to the grid. It usually consists of a few cents for each Kilowatt hour (kWh). Generally, you will find this credit on your electricity bill.

A solar feed-in tariff is a financial incentive for solar owners who generate excess power from their solar photovoltaic (PV) system and feed it into the main grid. Essentially, when your solar panels produce more electricity than you use in your household, the excess energy is exported to the electricity grid. In return, electricity retailers will pay you a predetermined rate for each kilowatt-hour (kWh) of surplus energy exported, which is referred to as the solar feed-in tariff. This serves as a form of compensation for contributing clean and renewable energy to the grid, helping to reduce reliance on fossil fuels and lower greenhouse gas emissions. Financially speaking, this can also help offset your electricity bills by being less reliant on the main electricity grid.

In Australia, there are guidelines that regulate the maximum size of your solar 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 the main differences between a single-phase and a three-phase connected property. Essentially, what separates these two connections is their capacity to meet different household electricity demands. While single-phase connections are suitable for smaller households, such as small businesses and new homes with moderate energy consumption, three-phase connections are better equipped to handle higher energy demands like large households and commercial properties. 

Each state or territory has separate regulations and guidelines set by the local distribution network operators. Here's an overview of solar system size limits in VIC:

A minimum flat rate feed-in tariff in Australia refers to the lowest price that electricity retailers are legally required to pay to households or businesses for the excess energy they export to the main electricity grid. The minimum feed-in tariff is typically set by government regulators like the Essential Services Commission and serves as a baseline for feed-in tariffs. The minimum flat rate provides a degree of fairness for solar owners.

For the 2024–25 period, the minimum feed-in tariff rate in Melbourne, Geelong, and the surrounding cities in Victoria, according to the Essential Services Commission, has been set at 3.3 cents per kilowatt-hour, down from 4.9 c per kilowatt-hour that was set in 2023–2024. 

The following table breaks down the time-varying minimum rates for VIC (2024-2025).

Yes, you can. Many Australians are adding battery storage systems to their existing solar energy setup. An increasingly affordable solution for homeowners looking to remove themselves from the grid or reduce their reliance on grid energy, battery systems are growing in popularity.

If you have an existing PV system, adding a battery storage system to your existing setup or increasing the size of your solar PV system could result in long-term savings – although this ultimately depends on factors such as your budget, your electricity usage, and whether you’re a high exporter or rely on the main energy grid.

Some of the benefits of adding battery storage to an existing solar PV system include:

Investing in a solar battery is a great way to maximise the benefits of your solar power PV system. If you’re looking to compare energy providers, need a solar installer, or want to learn more about solar battery systems, call our experts today.