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.

Every customer with an eligible solar system receive the Standard Feed-in-Tariff. Some customers previously received the Transitional Feed-in rate which ended on 31st December 2019.  You can read more about this here.

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.

9.3181 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 2020 to 30 June 2021**
  • Rates will be reset by the Regulator on 1 July 2021.

Transitional FiT business customers (Obsolete)

  Eligibility  
Transitional FiT business customers This rate applied 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. Customers previously on this rate now receive the standard FiT for business customers.  Ended 31 December 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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