If you have a best solar feed in tariff qld installed at home, any excess energy will be sent back to the electricity grid. Your energy retailer will either pay you for this surplus energy or give you credit on your normal electricity bill via net metering. This is known as a “solar feed-in tariff.” Queenslanders have some of the most generous solar feed-in tariffs in the country. This is because local power providers in Brisbane and the Gold Coast have been offering very high feed-in rates.
For example, Red Energy is currently paying 14 c/kWh for the first 4000 kWh of excess power your home sends to the grid. This is only slightly less generous than AGL’s maximum FiT rate of 20 c/kWh and also more than most other retailers offer.
Shining Bright: Unveiling the Top Solar Feed-In Tariffs in Queensland
Another great solar feed-in tariff is offered by EnergyAustralia with their Solar Max plan. This plan offers a variable rate, a $0 exit fee and a no lock-in contract. Additionally, this plan will give you a flat rate of 7.6 c/kWh for any excess electricity you export.
The good news is that there isn’t a minimum solar feed-in tariff that electricity retailers have to abide by in South East Queensland (Energex network). Instead, it’s up to individual retailers to compete for your business and offer competitive rates for solar power. This has led to a huge variety of rates on offer. If you live in regional Queensland (Ergon network), there is a mandatory minimum you’ll have to receive for exported solar power, which you can find out more about by checking out the QCA website.