Transitional Feed-in Tariff
The Transitional Feed-in Tariff offers eligible properties with small-scale solar PV systems of five kilowatts or less a minimum credit of 25 cents per kilowatt hour for excess electricity fed back into the grid.
This rate is slightly higher than the average retail rate consumers pay for electricity.
The scheme will be available to eligible households from 1 January 2012, replacing the Premium Feed-in Tariff which has now reached capacity.
All Victorian electricity retailers with more than 5,000 customers will have to offer the Transitional Feed-in Tariff.
This scheme is intended to have a capacity cap of 75 megawatts of installed solar systems across the state, and will provide eligible signed-up customers with guaranteed credits until the end of 2016.
Eligibility
The Transitional Feed-in Tariff is available to households, community organisations and small businesses.
To be considered for the Transitional Feed-in Tariff, you must:
- have a solar PV system no greater than five kilowatts in size
- be claiming for your principal place of residence (if you are a household)
- consume 100 megawatt hours or less of electricity per year (if you are a small business or community organisation)
- claim only one solar PV system per site (if you are a small business or community organisation operating across multiple sites, you can claim for one system per site)
- have bi-directional metering in place that measures two-way electricity flows and records them on a half hourly basis
If your solar system capacity is greater than five kilowatts you could instead be eligible for the Standard Feed-in Tariff.
Prospective customers
Eligible households with an effective Transitional Feed-in Tariff contract in place will continue to receive this rate until 2016. To have an effective contract you need to have solar panels fitted, the correct meter installed and be feeding electricity back to the grid.
Switching electricity companies
You are able to switch electricity companies or contracts and continue to receive the transitional rate once you have established your eligibility. Before switching, check if there are any exit fees under your existing contract.
Moving house
The transitional rate is linked to the property where the solar panels are installed, so when moving house a customer cannot take the Transitional Feed-in Tariff with them. Similarly, any house which is signed up to the Transitional Feed-in Tariff will remain eligible until 2016, even if it is sold and new residents move in.
Frequently Asked Questions
- About the Transitional Feed-in Tariff
- The Transitional and Standard Feed-in Tariff
- Transitional Feed-in Tariff Eligibility
- Choosing a retailer and credits
- About Meters
More Information
Read more about feed-in tariffs
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