Solar News

Voluntary Feed-in Tariffs Under Review

2 August 2012
Categories: Incentives | Government
NSW logo, state and solar panel

The Independent Pricing and Regulatory Tribunal (IPART) recently published its recommendations for a fair and reasonable feed-in tariff for 2012/13. While the figures went up slightly (7.7 to 12.9¢/kWh) the tariff remains voluntary - which means energy retailers still do not have to give you anything for electricity exported into the grid.

On the same day, IPART determined that energy retailers must contribute 7.7¢/kWh in 2012/13 for each eligible kWh under the (now closed) NSW Solar Bonus Scheme. These contributions commenced on 1. July 2012. If you wonder why these contributions were not made from the start of the Scheme we suggest you contact IPART or your local representative.

Some Energy retailers are/were paying voluntary premiums to Solar Bonus Scheme customers on top of the 60¢ paid by the NSW government. These voluntary contributions are now under review, and it is expected that retailers will reduce or eliminate these payments in the near future if they not already did so. IPART's Retailers Comparison website already dropped all information regarding voluntary feed-in tariffs.

If you are considering switching retailers the above mentioned website is still a valuable resource in comparing tariffs and availability charges. Once retailers have finish their "review", solar feed-in tariffs will be published again. In the meantime, we recommend that you check the retailer's website or contact the retailer directly for information about their solar feed in tariffs.

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We install solar systems in Northern NSW and Southern QLD.

Gold Coast (from Coolangatta to Southport), Nerang and Hinterland (Beaudesert) and out West (Warwick, Stanthorpe, Killarney)

Northern NSW (Tweed Heads to Yamba, including Evans Head, Byron Bay and Ballina); the Far North Coast Hinterland (Grafton via Lismore to Murwillumbah) and out West (Casino to Tenterfield, including Drake and Tabulam, as well as Woodenbong and Bonalbo)

For larger system we also go up to Brisbane or down to Coffs Harbour and even Glen Innes. Other places by arrangement.

We are Open for Business

Rainbow Power Company would like to assure our customers that we are trading (not quite as normal). System designers are working from home and can customise a quote for you (free of charge) over the phone and online. We are still dispatching and posting items, with safety precautions in place. You can still order online or over the phone, and pick up items from RPC (our show room is closed however, and appointments must be made to pick up orders). We are still doing site inspections, keeping the recommended social distancing.

Contact us

This is the perfect time to start thinking about your power needs for the future, reducing your bills, and safeguarding against future power outages, so call today and get in before the oncoming solar rush. PH: 02 6689 1430 or send an enquiry
..stay safe and healthy, your RPC family