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1. Generating power that you use
2. Using power that you didn’t generate
3. Generating power that you don’t use!
Generating the power you use is where you are using the power you generate within your business and don’t need to purchase it from us.
Using power that you didn't generate is for when you are using more electricity in your business than you are creating and that use is charged to you on your bill at the general electricity rates. This charge is different to the feed-in-tariff rate (which we talk about next), because it takes into account all the costs involved in generating and distributing the electricity (which you don’t have when you generate power).
Generating power that you don’t use is where you can make money back from the electricity that you generate and that comes off your bill. This amount is shown on your bill as a credit and is calculated based on a feed-in-tariff (FiT) rate.
Feed-in-tariff rates are set by the independent Tasmanian Economic Regulator each year.
The FiT you receive depends on the size of your solar system, and whether you are a business or residential customer.
Every customer with an eligible solar system receive the Standard Feed-in-Tariff. Some customers previously received the Transitional Feed-in rate which ended on 31st December 2019. You can read more about this here.
|Standard FiT business customers Standard tariff (X5I) – 150||
|Transitional FiT business customers||This rate applied to all regulated business customers that previously held the Legacy feed-in tariff (X2I) – 120) for a solar system installed or approved before 31 August 2013. Customers previously on this rate now receive the standard FiT for business customers.||Ended 31 December 2019|
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Think big, go large and go beyond the norm.
The next big thing in renewable energy in Tasmania.