The Tasmanian economic regulator has just announced the solar feed-in tariff for 2017-2018. This is the amount paid for energy fed into the grid for solar owners who are not on the legacy FiT of 28.3c. The new rate is 8.929/kWh, an increase of 34% on the 2016-2017 rate of 6.671 c/kWh (GST exclusive).
The increase is a result of increasing wholesale electricity prices which will also be reflected in Aurora’s new retail tariffs. However average domestic bills will only rise by around 2% because while wholesale energy prices have gone up, network charges have decreased. There have been recent legislative changes to the way the regulated wholesale price of energy is calculated in Tasmania. Without these changes the increase in both the FiT and retail prices would have been higher.
See also in this link……….
- TEELS increased to $20m
- Solar: bigger is now usually better
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