Choosing the right electricity provider is crucial for maximising the financial returns of your solar system. By selecting a retailer with a competitive feed-in tariff, you can significantly increase your solar savings.
In this blog post, we’ll provide an updated list of the best solar feed-in tariffs available on the Sunshine Coast as of February 2024. Compare rates from leading providers and make an informed decision to optimize your solar investment.
Understanding Solar Feed-in Tariffs:
A solar feed-in tariff (FIT) is the rate you receive for the excess electricity your solar system exports back to the grid. The higher the FIT, the more you’ll earn for your surplus solar power.
|
Retailer |
Maximum Feed In Tariff |
Minimum Feed In Tariff |
|
AGL |
15.0 c |
5.0 c |
|
Ergon Energy |
13.4 c |
13.4 c |
|
Origin Energy |
12.0 c |
5.0 c |
|
EnergyAustralia |
12.0 c |
6.6 c |
|
GloBird Energy |
11.0 c |
1.0 c |
|
Energy Locals |
10.7 c |
0.0 c |
|
Alinta Energy |
8.0 c |
8.0 c |
|
OVO Energy |
8.0 c |
0.0 c |
|
Red Energy |
8.0 c |
1.0 c |
|
Simply Energy |
7.0 c |
5.5 c |
|
1st Energy |
6.0 c |
6.0 c |
|
CovaU |
5.5 c |
5.5 c |
|
Diamond Energy |
5.2 c |
0.0 c |
|
Dodo |
5.0 c |
5.0 c |
|
Powershop |
5.0 c |
0.0 c |
|
Ampol Energy |
5.0 c |
5.0 c |
|
Kogan Energy |
5.0 c |
0.0 c |
|
Momentum Energy |
4.5 c |
0.0 c |
|
Sumo |
4.0 c |
2.0 c |
|
Future X Power |
3.0 c |
3.0 c |
|
Amber |
1.2 c |
0.0 c |
|
Nectr |
0.0 c |
0.0 c |
|
Tango Energy |
0.0 c |
0.0 c |
|
Pacific Blue |
0.0 c |
0.0 c |
Tips for Choosing the Best Solar Feed-in Tariff:
- Compare rates: Carefully review the maximum and minimum feed-in tariffs offered by each retailer.
- Consider your energy usage: Evaluate how much excess electricity you expect to generate and choose a retailer with a competitive rate for your anticipated export levels.
- Check for additional fees: Some retailers may charge additional fees or have other terms and conditions that could affect your overall savings.
- Review customer satisfaction: Research customer reviews and ratings to get a sense of each retailer’s reputation and customer service.
By carefully comparing these factors, you can select the solar feed-in tariff that best suits your needs and maximises the financial benefits of your solar system.
Contact us for a free quote for a solar system for your home.
