Feed in credits
Feed in credits
Electricity produced by your solar system is used in your home first to reduce the electricity you buy from the grid. A feed in rate is the rate your receive for the extra electricity your solar system exports to the local power grid.
Diamond Energy standard feed in rate is one of the highest available.
|State||Minimum mandated Feed-in Rate||Diamond Energy Standard Feed-in Rate||More information|
|VIC||5.0 c/kWh||8.0 c/kWh||Department of State Development, Business and Innovation|
|SA||6.8 c/kWh||8.0 c/kWh||Government of SA|
|QLD (Energex)||0 c/kWh||8.0 c/kWh||Department of Energy and Water Supply|
|NSW||0 c/kWh||8.0 c/kWh||NSW Trade and Investment|
Customers on pre-existing feed in tariff schemes
If you are one of the lucky Australian homes who recognised the benefits of solar early, then you may be receiving a state based feed in tariff under a scheme that is now closed for new entrants. Subject to eligibility, you can continue to receive your feed-in tariff if you change your electricity retailer.
If you are eligible for a net feed in tariff, we will also top it up with our standard feed in rate, currently 8c/kWh.
Feed in credit tips and traps with electricity retailers
If you are thinking about going solar, or already have solar, it is really important to understand the different retail electricity offers and chose the right one for you. Beware! They are not all the same, in fact they can be very different!
Here are some tips and traps you should be aware of (we know, we have seen all of them!)
Higher feed in rates might be hiding higher electricity rates
When you go solar, make sure your discounts don't disappear
Discount on your bill or discount on your charges?
If you receive a discount on your charges, your discount will continue to be there, even if your bill is in credit. We call that solar friendly.
Are there any additional fees for solar customers?
Switching and comparison sites can be helpful, but may not take into account all aspects of solar
Don't sign a contract with a retailer that doesn't support solar customers
*Terms and conditions apply