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Hi. It's my understanding that the rate for the solar feed in tariff in Victoria is being increased as at 1st July. Can someone confirm that this has actually happened, and if so, what the actual rate is that AGL is now paying?
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Hi Shazz, thanks for asking this! Yes, the solar feed-in tariff went up in four States, including Victoria (where it increased from 5c to 11.3c per kWh) on 1st July. If you have an AGL solar system, you don't need to take any action - the increase will automatically be reflected (as a deduction) on your next bill. You can verify this information by entering some account details here, Thanks so much,
Do the new feed-in tariffs also apply to those customers on the AGL Premium Feed-in Tariff, which is $0.08 per kWh + government subsidy? i.e. does the $0.08 figure increase?
Thank you for getting in touch!
I'm happy to confirm that our feed-in tariff did increase from 1/7/2017 for all customers.
Your feed-in tariff is essentially made of two components. The first of these is the 'government contribution', which is the amount given to you by the government determined by the installation date of your system. The second component is known as the 'retailer contribution', which is the amount that your retailer, or in this case AGL, offer to their customers.
In summary, all government contributions remained completed unchanged, however there was a very welcome increase to the retailer contribution. Hopefully this clears things up!