Solar feed-in tariff changes
The Queensland Government has advised changes to the retailer funded feed-in tariff for regional customers effective from 1 July 2016.
7.45 cent regional feed-in tariff (FiT) - Customers receiving the 6.35 cent per kilowatt hour rate up to 30 June 2016 were transferred to the new 7.45c/kWh (or 7.448c/kWh to be precise) rate from 1 July 2016. All new eligible solar PV system owners connecting to our network will also receive 7.45c/kWh.
The FiT rate is set by the Queensland Competition Authority and will be paid by your electricity retailer.
44 cent feed-in tariff (FiT) - The 44 cent FiT under the Solar Bonus Scheme has not changed for customers already on that rate, provided they maintain their eligibility for the scheme. This FiT is closed for new customers.
For more information, visit the Queensland Government Department of Energy and Water Supply website.
Changes could impact Solar Bonus Scheme eligibility
Under changes to legislation which took effect on 23 November 2012, a solar PV system earning the 44c FiT under the Solar Bonus Scheme will lose eligibility if:
- The customer ceases to be the electricity account holder
- One or more names are added to the account holders
- The rated inverter capacity is increased.
Exceptions apply if the electricity account is transferred into the name of the spouse of the original account holder, or the original account holder adds their spouse to the account. If one or more of multiple account holders at a premises are removed from the account but at least one original account holder remains and no new names are added, the system will retain its 44c FiT eligibility.
Eligibility will also be lost if the rated inverter capacity is increased, however extra panels can be connected to the existing inverter(s) without eligibility being affected.
For more information please refer to the Solar Bonus Scheme website.