NSW solar feed-in tariff rates to drop from 1 July 2018: What does it all mean?

Solar Choice Staff, May 09, 2018 05:26pm

NSW’s regulator IPART has released its draft report for its recommendations for the state’s benchmark solar feed-in tariff range, to come into effect from 1 July 2018. The recommended ‘flat’ or ‘anytime’ feed-in rate will drop significantly from the current 11-15c/kWh down to 7.5c/kWh.

Meanwhile, loosely following suit with Victoria, IPART has also made recommendations for time-varying rates, where the value of solar energy exported to the grid will change depending on the time of day. Interestingly (and weirdly to some), the highest rates will be applicable when virtually all solar PV systems have either ‘gone to sleep’ for the evening or are metaphorically getting ready for bed, during the waning sunlight hours.

Courtesy of Solar Choice – Click here to read the entire article …