Victorian Feed-in Tariff Schemes
Announcement - Feed-in Tariff rate for 2015
The Essential Services Commission (ESC) has released its final decision to adopt a minimum feed-in tariff rate of 6.2 cents per kilowatt hour (c/kWh) to apply from 1 January 2015. This minimum rate will apply to all customers that have been receiving the current Feed-in Tariff, introduced on 1 January 2013. The minimum rate applying until the end of 2014 is set at 8 cents per kWh.
This change does not affect customers on the Premium, Transitional or Standard Feed-in Tariff schemes.
More information, including the ESC's final decision document, can be found on the ESC website. All queries in relation to this draft decision should be directed to the ESC for its consideration.
Current Feed-in Tariff (FIT)
Feed-in tariffs provide people producing their own renewable and eligible low-emissions energy with a financial return for the excess power they feed into the grid.
New customers can apply for the current Feed-in Tariff set at a minimum of 8 cents for 2014, which is available to households, community organisations and businesses who install sustainable energy systems less than 100 kilowatts in size.
If you already have a feed-in tariff being credited to your power bill, you will continue to receive this rate until the relevant end date of the scheme. Conditions apply, and you should read more about remaining eligible.
Customers accessing the Transitional Feed-in Tariff (closed on 31 December 2012) and the Premium Feed-in Tariff (closed on 29 December 2011) are reminded that if they add any additional capacity to their system after the scheme closure date they will forfeit their access to the respective scheme.
Please note that the Department of State Development, Business and Innovation (DSDBI) does not hold or maintain a register of individual feed-in tariff customers. This information is held by your electricity retailer and electricity distributor. If you have any concerns about your current status under either the Transitional or Premium Feed-in Tariff schemes you should check with your electricity retailer as a first point of call.
- Learn more about the current Feed-in Tariff. The current feed-in tariff offers a minimum of 8 cents for 2014 for new customers and is available to customers installing solar, other eligible forms of renewable energy, and eligible low-emissions technologies.
- What's involved in going solar? Installing solar is a big investment and it can be a complex process. Advice and step by step information provided here can help.
- Closed feed-in tariff schemes. Existing Premium, Standard and Transitional Feed-in Tariff customers will continue to receive their tariff until the scheduled end date of the scheme. Conditions apply.
- Feed-in tariff email updates. If you’re interested in updates on any changes to feed-in tariffs or information to help with going solar, please subscribe to DSDBI email updates.