Feed in Tariff refund cheque

Mctricity
Semiconductor
1 Reply 2625 Views

We recently received a refund cheque in the mail which appears to be from our Solar Feed in Tariff (export).

This is very unusual as we have never received a cheque in the past. Any credits are simply subtracted off our total charge for the billing period.

Would it be because we are in credit in our account due to the Energy Bill Relief fund?

Any clarification would be appreciated. Cheers.

 

4 REPLIES 4
NeilC
Powerhouse
1 Reply 2612 Views

@Mctricity 

In July each year we get a cheque in the mail, it's nothing to do with the so called Government Payment.

You will have noticed that its not a refund of your total credit but you will have between $100 and $200 credit still in your account.

If you want to put it back into your account simply cash the cheque and pay it back into your account

 

Have not received any Federal payment and it's not due ($75) till around the 19th August.

 

The $300 is due as four $75 payments and you may not receive them all if an election is called and the current Government looses power

 

We have $225 credit in our account right now.

 

After our last bill (3rd July issued) we had $528.09 credit, the refund cheque was $315.59, we paid our standard $22.50 last payday.

Normally people are on here trying to get any excess back..

 

Hope this helps

Cheers Neil


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Mctricity
Semiconductor
1 Reply 2605 Views

Not sure you totally understood the question. 
We have received the Govt $1000 payment. 
We have received the first payment ($75) of the 4, which make up the $300 other Govt payment. 
We are in credit by nearly $1000. 
We received a cheque exactly equal to how much power we fed back into the grid last billing cycle. 
This has never happened before. 
Why did they send a cheque?

Why did it not simply just be a credit on the last bill like all the rest over the last 10 + years?

NeilC
Powerhouse
1 Reply 2601 Views

@Mctricity 

 

Because you have excess credit, they have refunded you the amount of non REBATE monies in your account.

 

So you have $1000 from Qld Gov (or similar) and $75 from the FED Gov plus any extra credit you had.

 

Without seeing your bill, lets say your bill worked out that you had to pay $150, but because you had credit in your account that was not REBATE from the Government Rebates they paid you your outstanding credit and used the Gov Rebates to pay your Bill.

 

This should be itemised on your current bill.

Cheers Neil


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Mctricity
Semiconductor
0 Replies 2589 Views

Aha!! Awesome. Thank you. Was thinking along those lines but wasn’t sure. Thanks again!