From 1 October 2021, your retailer solar feed-in tariff will be decreasing from 7 to 5 cents per kilowatt hour (amount not subject to GST). Click here if you’d like more information.
Is it fair to all the existing customers?!
I can see you are in SA.
I suggest that you look at other plans.
For instance you can go to a Solar Savers Plan.
Residential Solar Savers
Solar feed-in 12 cents/kWh exported
For the plan that I think you are on:
Residential Flexible Saver Price summary
Solar feed-in 5 cents/kWh exported
Now without knowing your usage rates you would need to review your usage using your last three billing periods but applying the new rates.
Just because you get a higher solar rate does not mean that you will get a greater return.
I am on ( SA) solar savers. My average usage for my last bill was -
18.06 kW to the Grid and 4.43 kW taken from the grid:
The formula to get daily usage is:
Amount used in kW divided by the number of days in the billing cycle.
If you have a smart meter and every billing cycle is 90 days then you can simply
Multiply the amount used by the cost (in dollars) for each kW used or generated
|Sub Total||$ 0.66||(Credit)|
|Supply||$ 0.9884||$ 0.9884||(Debit)|
Which equates to $0.32 cents per day credit
Or $28.80 credit to my account for the 90 day bill.
|Residential Flexible Saver|
|Sub Total||-$ 0.56||(Debit)|
|Supply||$ 0.9389||$ 0.9389||(Debit)|
Which equates to $1.50 cents per day debit
Or $134.76 debit to my account for the 90 day bill.
I have a low usage rate and a fairly high solar output.
AS I HAVE SUGGESTED,
GET YOUR LAST THREE BILLS AND WORK OUT YOUR DAILY COSTS USING THE RATES ABOVE.
(These are the current rates).
DON'T FORGET TO INCLUDE YOUR CONTROLLED LOAD IF YOU HAVE IT.
We have a Heat Pump hot water service and it only heats from 10:30 to 17:00 during the day using power generated by our solar system (this generally consumes around 4kW of our solar generation.
In the link you provided there is another link that takes you TARIFFS.
If this solves your question please solves it.
If you like my answer please like it
Thanks you so much Neil. I will think about the plan and supplier again then I will do the decision. You know what makes me confused is that their new offers are not to attract more users. We all hope more and more people to install solar system then we can cut down the carbon emissions together. So sad. Cheers.