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 probably why you chose solar in the first place: you get to create and use your own energy.

Using power that you didn't generate is for when you are using more electricity 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 at home). Imagine if you had to put in and maintain the network to send the power back to us!

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 residential customers

  Eligibility  
Standard FiT customers Standard tariff (X4I) – 140
  • 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.

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

Transitional FiT residential customers (Obsolete)

  Eligibility  
Transitional FiT residential customers This rate applied to all regulated residential customers that previously held the Legacy feed-in (X1I) – T110) for a solar system installed or approved before 31 August 2013. Customers previously on this rate now receive the standard FiT for residential customers.  Ended 31 December 2019

Non-Qualifying feed-in (X6I) – 160: (for customers with a solar system too large to qualify for X4I/140). If you have this tariff, please contact us on 1300 13 2003 (Monday - Friday, 8am-6pm) 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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