How To Get The Best Solar Feed-In Tariff in VIC With Electricity Monster!
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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 of your questions and concerns for people who currently have solar and want a better solar feed-in tariff in Victoria to optimise their current solar system and power bill.

Plus, we also address concerns for people wanting to go solar, what you MUST know before thinking about going solar, and how Electricity Monster energy experts can provide you with a solution.

At Electricity Monster, our comprehensive services have helped over 200,000 Australian households and businesses make an educated decision on their solar, electricity, and gas services.

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.

Keep reading to find out how to get the Best Solar Feed-In Tariff in VIC. Below you’ll find a list of common issues and concerns current solar owners and prospective solar owners are currently facing and how Electricity Monster can help.

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

NSW SA QLD ACT VIC

Compare Solar Feed-In Tariffs in VIC

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

Solar Feed-in Tariffs

Do you currently have solar and want to maximise your rate of return?

Achieving the maximum rate of return on your solar investment is a MUST. However, most households aren’t taking advantage and in turn, may be losing out on significant payback.

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

  • I am exporting a substantial amount of power to the grid.
  • I am purchasing too much power from the grid.
  • My neighbors are getting a better solar rate than me.
  • I am not getting the maximum rate of return on my solar investment.

The solution is simple. Call one of our energy experts on 1300 232 848 and we will analyse your energy consumption profile and recommend the best-suited plan we have available that will maximise your rate of return.

Best Solar Feed-In Tariffs in VIC

In the table below, you’ll find a breakdown of solar feed-in tariff rates offered by popular energy retailers in Victoria. It’s important to note that these rates are subject to change and we recommend phoning us at 1300 232 848 to learn more about current solar offers and incentives or clicking the red button below.

Solar Feed-in Tariffs

It is important to note that you must purchase a solar system from Origin Energy and Tango Energy to be eligible for the current rate.

Do you currently have a solar system and feel like it is underperforming because your energy company has a terrible feed-in tariff?

Failing to replace or upgrade an outdated or underperforming solar system can lead to a plethora of issues that can compound over time. Worst of all, you may not be getting the full value for the hard-earned money you spent on your solar system.

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

  • My solar system is old and not performing the way it used to.
  • My household size has grown, and so has my energy usage. I feel like my current solar system is not big enough for our needs.
  • I’m thinking about adding a battery to my existing solar system, how much will it cost me?
  • Is my outdated solar system getting the maximum rate of return?

Phone one of our energy experts on 1300 232 848. We will analyse your current energy profile and solar system and advise you on what modifications can be made. We can also help determine if you qualify for any additional rebates in your area.

Compare Solar Plans in VIC

In the table below, we've compiled a list of solar plans in VIC 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. AGL currently does not offer a solar plan.

Electricity

Based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,336 / year ?

Electricity plans are now compared to a regulated price called the Victorian Default Offer (VDO). This makes it easier to compare energy plans across the market. The VDO comparison and annual estimate is calculated based on an average usage customer.

What's included in 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 in the price/year estimate

  • 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 VDO 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 and want advice on how to maximise your rate of return?

We understand that going solar for the first time can be daunting and overwhelming, especially with the marginally high costs, the various solar equipment, and the pool of solar installers that you’ll eventually need to choose from.

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

  • How much will solar cost me?
  • Are there rebates that will help lower the cost of going solar?
  • If so, what rebates are in my area?
  • What energy plan should I go with to optimise my new solar system?

The solution is Electricity Monster. 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 area, and guide you to the best energy plan we have available that will complement your new solar system. Our service is 100% FREE.

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CUSTOMERS

Alex D.

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

Looking to add a battery to your system and don’t know where to start?

Adding a battery to your existing solar system can come with a variety of cost-saving benefits and help reduce your grid energy demands.

Some common questions and concerns solar owners have include:

  • Are there any solar battery rebates available?
  • How much will a battery cost and does it make financial sense?
  • If I add a battery to my existing solar system, what type of energy plan should I move to?
  • What type of battery is right for me?

Electricity Monster can help. We’ll analyse your current solar system and advise you on what batteries we recommend. Our 100% free comprehensive service also includes helping you find an optimised plan that meets your personal budget and needs. If you’re interested in a new battery, give us a call today and we’ll guide you through the process and get you set up in an efficient manner.

Why Should I Go Solar?

One of the important benefits you can receive by going solar with a battery-upgradeable system comes in the form of subsidies.

More specifically, renewable energy certificates, also known as Small scale Technology Certificates (STCs). These certificates fluctuate based on the market and in some cases their value can be relatively high. It’s also important to note that the price can plummet on these STCs, leading to a decrease in the amount of subsidisation of a solar system.

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 which are essentially credits that lower your energy bill. The rates vary from retailer to retailer.

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 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.

How Do Solar Feed-In Tariffs Work?

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.

Why Do I Want a High Solar Feed-In Tariff?

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.

Can I Upgrade My Solar?

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 becoming a staple in solar households.

It’s also worth noting that eligible Victorian households can save up to $4,174 off the price of a battery through a state government rebate scheme. To learn more about federal and state rebates, we offer a free solar rebates guide that covers a variety of rebates, schemes, and incentives. Or, if you’re considering adding batteries to your current solar system, contact our solar experts at Electricity Monster now.

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.

Single Vs Time Of Use (TOU) Rate

There are 2 types of solar tariffs available in Victoria, depending on your respective electricity retailer. A single rate FiT and a Time Of Use FiT.

A single rate solar FiT is a simple rate you get regardless of the time of day the electricity gets exported back into the grid. This is listed in our tables above.

A TIme Of Use (TOU) FiT is where there are different feed-in tariff rates for different times of the day. These feed-in tariff rates are ideal for households where individuals spend most of the day at work.

The TOU FiT pays the rate that reflects the demand on the energy grid at various times of the day.

There are 2 types of solar tariffs available in Victoria, depending on your respective electricity retailer. A single rate FiT and a Time Of Use FiT.

A single rate solar FiT is a simple rate you get regardless of the time of day the electricity gets exported back into the grid. This is listed in our tables above.

A TIme Of Use (TOU) FiT is where there are different feed-in tariff rates for different times of the day. These feed-in tariff rates are ideal for households where individuals spend most of the day at work.

The TOU FiT pays the rate that reflects the demand on the energy grid at various times of the day.

Minimum Feed-In Tariff – What Are They?

A minimum feed-in tariff is a minimum rate that retailers have to offer to their solar customers.

The minimum rate is calculated by forecasting the wholesale electricity prices for the next calendar year.

Wholesale prices vary across different times of the day, and solar panels can only generate electricity during specific periods of the day. These ‘solar hours’ are taken into account when forecasting wholesale electricity prices.

Solar Feed-In Tariffs - The Verdict

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, then 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 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.

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 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