Best Solar Feed-in Tariffs in Queensland

Best Solar Feed-in Tariffs in Queensland

Queensland Solar Feed-In Tariffs for Households by Retailer

Queensland homeowners with solar power must understand how to work feed-in tariffs (FITs). A FIT is the reward you earn from your electricity supplier when you send out your solar power to the grid. The rates can alter based on which retailer and scheme you go with, so you must evaluate different choices to guarantee receiving optimal value.

What Are Solar Feed-In Tariffs (FITs)?

Feed-in tariffs (FITs) are payments that energy sellers provide to solar customers for the additional solar power they contribute to the grid. The amount you receive can vary based on several factors, such as your retailer, the plan you choose, and the size of your solar panel system.

Key points to remember about FITs in Queensland:

  • FITs vary by retailer, and each may have different rates for different plans.
  • FITs are typically paid per kilowatt-hour (kWh) of electricity you export to the grid.
  • Higher FITs are available on some plans, but these may come with conditions such as caps on daily exports or system size limits.

Queensland Feed-In Tariff Rates: Comparison Table

The following comparison table displays the minimum and maximum FITs for households by electricity retailers in Queensland, along with additional conditions related to each retailer’s solar plans.

RetailerMin Solar FITMax Solar FITRetailer Solar ConditionsDetails
ENGIE5.512.0Higher feed-in tariff on some plans is capped to first 8kWh per day. Solar plans are limited to a solar system with less than 10kW output.View ENGIE feed-in tariffs
Origin Energy4.012.0The higher feed-in tariff on the Solar Boost plan is capped to the first 14kWh per day.View Origin Energy feed-in tariffs
GloBird Energy1.011.0Higher feed-in tariff on SolarPlus plans capped to the first 8kWh exported per day.View GloBird Energy feed-in tariffs
Alinta Energy8.010.0The PV system is limited to a 5kW inverter capacity.View Alinta Energy feed-in tariffs
AGL4.010.0The higher feed-in tariff on the Solar Savers plan is capped to the first 10kWh per day and limited to PV systems up to 10kW.View AGL feed-in tariffs
EnergyAustralia4.610.0The higher feed-in tariff on the Solar Max plan is capped at the first 12kWh per day. Feed-in tariff is only for systems up to 10kW in ACT & NSW and 30kW in QLD and SA.View EnergyAustralia feed-in tariffs
CovaU5.510.0View CovaU feed-in tariffs
Red Energy1.08.0Higher feed-in tariff on some plans in NSW capped at 5kWh per day.View Red Energy feed-in tariffs
Sumo1.06.010kW PV size limitView Sumo feed-in tariffs
Diamond Energy0.05.2View Diamond Energy feed-in tariffs
1st Energy1.55.0Maximum 10kW inverter capacity on 1st Solar Bonus plans in NSW, QLD, SA & VIC.View 1st Energy feed-in tariffs
Ampol Energy5.05.0View Ampol Energy feed-in tariffs
Dodo3.53.5Maximum 10kW panel size and an inverter system no greater than 10kW in QLD.View Dodo feed-in tariffs
Next Business Energy3.33.3View Next Business Energy feed-in tariffs
OVO Energy0.03.0View OVO Energy feed-in tariffs
Future X Power3.03.0View Future X Power feed-in tariffs
Momentum Energy0.02.9Higher feed-in tariff plans are limited to PV systems up to 10kW.View Momentum Energy feed-in tariffs
Energy Locals0.02.0Higher feed-in tariff on some plans is capped to first 8kWh per day.View Energy Locals feed-in tariffs
Kogan Energy0.01.4View Kogan Energy feed-in tariffs
Powershop0.01.4The Feed-in tariff is only for systems up to 10kW in QLD.View Powershop feed-in tariffs
Amber0.00.0Feed-in tariffs are linked directly to actual wholesale electricity prices in half-hourly intervals.View Amber feed-in tariffs
Tango Energy0.00.0View Tango Energy feed-in tariffs
Pacific Blue0.00.0View Pacific Blue feed-in tariffs
Nectr0.00.0View Nectr feed-in tariffs
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Understanding the Terms and Conditions

While the chart on top gives a simple contrast of solar feed-in rates for diverse retailers, it’s important to get are conditions and terms related to every plan. Here are some critical factors to think about:

  1. Export Restrictions: Numerous programs impose a cap on the electricity quantity that you can export to the grid at the increased FIT rate. For instance, specific plans restrict exports to 8kWh or 10kWh each day.
  2. Limitation on System Size: Certain plans are applicable only for clients possessing solar systems of particular dimensions. It is important to verify if your system aligns with the retailer’s requirements before enrolling.
  3. Variable FITs: FITs, they can alter. Sometimes quick, depending on market situations. Always check the rules of the retailer to make sure you know about any modifications that might happen.

Additional Notes

  • The FITs displayed on this page do not include GST. If you have an ABN, GST will apply.
  • If you are getting a premium feed-in tariff right now, please remember that these programs do not accept new participants. In case you haven’t joined a premium FIT already, the only available option for you would be the standard FIT.
  • These types of plans are not part of this table because their rates change each day. For learning more about these plans, kindly go see WATTever’s rates pages for Amber.
  • Plans that need a battery or an EV are not included because only a few consumers meet the criteria. Yet, these plans can still be seen on their corresponding retailer’s feed-in tariff web pages.

How to Choose the Best Feed-In Tariff for Your Home

The correct FIT selection is based on the size of solar energy system, daily use of energy and the amount of power you want to send back to the grid. Let me guide you with some steps:

  • Evaluate Your Solar System: Look at the size of your system and match it with the constraints mentioned in the conditions.
  • Calculate Your Exported Energy: Check how much energy you normally send to the grid. If you send a lot, a bigger FIT with a larger everyday export limit will be more beneficial for you.
  • Check Terms and Conditions: Always examine the complete terms of the seller to understand any limits, charges, or conditions.
  • Change if Required: In case your present FIT is not sufficient, think about changing to a plan having a higher FIT. This will help you get the most benefit from exporting energy.

Having knowledge about solar feed-in tariffs (FITs) in Queensland is crucial for maximizing the financial benefits of your solar system. It’s important to compare the lowest and highest FITs offered by various retailers and to be aware of any associated rules or conditions. Before choosing a plan, be sure to thoroughly read the terms and conditions of the retailer to ensure they align with your home’s needs.

To start comparing plans, visit the individual pages of the retailers linked in the table above. This will help you make an informed decision regarding payments for your solar energy exports.

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