Are DC Power Co’s feed-in tariffs competitive?

Posted in Solar

Yes. True value solar power is exactly what we are about.

Absolutely. Our solar feed-in tariffs are higher than what is regulated by the government because we believe you should have a fair feed-in tariff to make the most of the solar power you export back to the grid. This is one of the ways we provide our customers with true value solar. Rates and more info can be found on our electricity and gas page.

 

Standard feed-in tariff

We offer a 15c/kWh feed-in tariff (FiT) to all customers on a standard feed-in tariff. Over 75% of solar households get a standard feed-in tariff and, depending on the state, electricity companies are either regulated or recommended to provide a certain feed-in tariff by state governments.

In Victoria, electricity companies are regulated to give their customers a minimum feed-in tariff of 9.9c. On 1 July 2019 that will go up to 12c.

In New South Wales, it is recommended that electricity companies give their customers a feed-in tariff of between 6.9 and 8.4c (until 1 July 2019, unknown after that).

In South East Queensland, there’s no regulated or recommended feed-in tariff. Essentially, electricity companies are free to set whatever FiT they choose.

At DC Power Co, we give our customer 15c/kWh because we think you deserve more than just the bare minimum. Learn more about your solar feed-in rates.

 

Premium feed-in tariff

We offer a leading premium feed-in tariff of 75c/kWh in Victoria and 59c/kWh in Queensland.

But what is a premium feed-in tariff (PFiT)?

Between approximately 2009 and 2011, state governments offered an extra feed-in tariff to add to what electricity companies provided their customers. The goal was to encourage people to install solar panels back when they were still quite expensive.

In Victoria and Queensland, people who installed solar systems within this period and got the premium FiT, still receive it.

In Victoria, the premium feed-in tariff is 60c, paid until 2024. This means if you’re a DC Power Co customer you get a 75c feed-in tariff.

In Queensland, the premium feed-in tariff is 44c, paid until 2028. So DC Power Co customers in Queensland get a 59c feed-in tariff.

If you’re unsure whether you’re on a premium feed-in tariff or a standard feed-in tariff, think about when your solar panels were installed – were they installed around 2009-2011?

Generally, if your feed-in tariff is higher than ~40c, you’re likely on a premium feed-in tariff. If your feed-in tariff is below ~25c, you’re likely on a standard feed-in tariff.

Find out more information about feed-in tariffs on our feed-in tariff myths page. If you are wanting more information about our competitive pricing, please visit our prices and rates page.

At DC Power Co we are constantly reviewing our solar feed-in tariff rates to provide real value on your electricity bill. We are the power company made for solar households, which is why we offer a great feed-in tariff and further savings through our energy tracking app, designed to help you optimise your energy usage. We have the services to help save you money.

 

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