When it comes to solar power, you’ll be:

1. Generating power that you use

2. Using power that you didn’t generate

3. Generating power that you don’t use!

Generating the power you use is where you are using the power you generate within your business and don’t need to purchase it from us.

Using power that you didn't generate is for when you are using more electricity in your business than you are creating and that use is charged to you on your bill at the general electricity rates. This charge is different to the feed-in-tariff rate (which we talk about next), because it takes into account all the costs involved in generating and distributing the electricity (which you don’t have when you generate power). 

Generating power that you don’t use is where you can make money back from the electricity that you generate and that comes off your bill. This amount is shown on your bill as a credit and is calculated based on a feed-in-tariff (FiT) rate.

Feed-in-tariff rates

Feed-in-tariff rates are set by the independent Tasmanian Economic Regulator each year.

The FiT you receive depends on the size of your solar system, and whether you are a business or residential customer.

It also depends on whether you receive the Standard Feed-in-Tariff, or were previously eligible for the Transitional FiT rate (often referred to as the Legacy Feed-in-Tariff), which includes a ‘transitional rate’ until the end of 2019. (NB: if you change of name of the account holder, or there are any changes to the system itself, you will no longer be eligible to receive the transitional FiT.)

Standard FiT business customers

  Eligibility  
Standard FiT business customers Standard tariff (X5I)  – 150
  • This rate applies to all regulated small customers that have a solar system with a single phase connection up to 10kW or a solar system with a 3 phase connection up to 30Kw and did not qualify for the Legacy feed-in rate.

  • Customers that move into a premises that has solar connected; or Customers who lose their eligibility for the additional one year supplement.

8.541 cents/kWh

 

  • Quarterly bills with estimated readings will result in zero kWh displayed in your feed in credits. Don’t worry, you won’t lose the credits as you’ll see them the next time a true reading is obtained at your business.
  •  1 January 2019 to 30 June 2019**

**Rates will be reset by the Regulator on 1 July 2019.

Transitional FiT business customers

  Eligibility  
Transitional FiT business customers This rate applies to all regulated business customers that previously held the Legacy feed-in tariff (X2I) – 120) for a solar system installed or approved before 31 August 2013. 8.541 cents/kWh Plus a transitional supplement of 5 cents/kWh

 

  • Quarterly bills with estimated readings will result in zero kWh displayed in your feed in credits. Don’t worry, you won’t lose the credits as you’ll see them the next time a true reading is obtained at your business.
  •  1 January 2019 to 30 June 2019**

​​​​​​​**Rates will be reset by the Regulator on 1 July 2019.

Non-Qualifying feed-in (X6I) – 160: If you have this tariff, please contact us on

1300 13 2045 to discuss your FiT rate.

More information

State Growth’s Feed in Tariff Review and FAQs

Visit the Regulator website to learn more about how the Regulator sets the feed-in tariff.

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