Sign up for the VB Solar Exchange with us.
We will be in touch to confirm your eligibility.
Switch your electricity to us, begin transferring and start receiving your beer
Exchange your excess solar with CUB at no extra cost and be over 18.
Every $1.25 earns a VB, 24 VB’s gets a slab to your door, maximum 30 slabs.
Limited to four quarters, ends on 31st March 2022.
Be connected to the grid, a residential customer, with 6KW’s of solar or less, in NSW, VIC, SA or QLD (Energex only), with a retailer only funded feed-in rate.
Have a bi-directional interval meter.
We believe that renewable energy and solar should be accessible to all. We are proud to work with Carlton & United Breweries (CUB) in their campaign to put the Australian sun to work and give hard working Aussies the opportunity to use their excess solar energy through the VB Solar Exchange.
Exchanging your excess solar for beer is simple! It is a way to thank solar owners by offering them an alternative for the excess energy their house creates from the sun!
As your electricity retailer, Diamond Energy will track your excess solar energy and share this data with CUB and Power Ledger. Power Ledger will track your number of beers earned. CUB will exchange one x 375mL bottle of VB for each $1.25 of excess solar feed-in credits you earn. For every 24 VBs you accumulate, CUB will deliver a VB slab to you via its contractor, Fulfilio. Diamond Energy will bill you each quarter for your energy, and once you have paid your bill in full, Fulfilio will deliver the no. of slabs you’ve earned to your door. Any extra beers you’ve earned will be held over to the next quarter. The quarters end on: 30 June 2021, 30 September 2021, 31 December 2021 and 31 March 2022
There is a maximum of 30 slabs that can be delivered to you through the VB Solar Exchange. Any Feed-in Credits not exchanged for beer will be paid to you by CUB in a prepaid debit card at the end of each quarter after the beer slabs maximum is reached.
Once the VB Solar Exchange ends on 31 March 2022, you will remain a customer of Diamond Energy. You may cancel your election to participate in the VB Solar Exchange at any time by notiying Diamond Energy. You may also leave Diamond Energy at any time, but if you do so, you will no longer be able to participate in the VB Solar Exchange.
To participate in this program, you must become a residential electricity customer of Diamond Energy, and meet the following additional VB Solar Exchange eligibility criteria. These eligibility criteria are:
1. A Solar-PV System less than or equal to 6kW DC capacity must be installed at the Supply Address (which is your residential address).
2. You have a bi-directional interval meter operating at the Supply Address.
3.You do not have an ABN and be over 18 years of age.
4. Your Supply Address is connected directly to the grid and is located New South Wales, Victoria, South Australia, or Queensland (Energex only).
5. You are not receiving government, WattBank®, Renters Reward or distributor-funded Feed-in Tariff adjustments.
6. You agree to exchange your entitlement to be paid the Feed in Credit by Diamond Energy for VB beer to be exchanged with CUB (VB) at a rate of $1.25 / 375mL bottle or can. This means that while you participate in the VB Solar Exchange you have no right to receive any payment or credit from Diamond Energy, or any other benefit except for the VB beers provided to you by CUB.
7. You will be billed on a quarterly cycle and will be eligible to receive the VB you’ve exchanged for your excess solar once the quarter is complete and Diamond Energy has confirmed your electricity bill is paid in full by the due date.
9. You will be able track your excess solar accumulation and your number of beers earned via a software platform provided by Power Ledger. See their Terms of Access here. If you do not already have a smart meter, you will be required to upgrade your meter to access this data.
If you do not meet these criteria, you will not be able to participate in the VB Solar Exchange.
For the period you participate in the VB Solar Exchange, we send you electricity invoices each quarter, including:
***subject to VB Solar Exchange Terms and Conditions found here at VB Solar Exchange Terms and Conditions
You must pay your electricity bills in full to receive your VB Solar Exchange “beers”. If you pay your electricity bill after its due date, any “beers” exchanged will be held over to the next quarter****
****subject to CUB limits and Terms and Conditions found here at VB Solar Exchange Terms and Conditions
Don’t worry, If you don’t pay your electricity bill in full and on time, your beers will be rolled into the next quarter’s delivery.
If you’re in financial hardship, or having payment difficulties, you can find out about our support programs or contact us during business hours. In some cases we may recommend that it is best for you to exit the program and receive your feed-in credits as a reduction in your electricity bill.
Diamond Energy is an Australian based, electricity retailer and generator, operating since 2004. Committed to helping you save energy and save on your bills, we specialise in helping people get the most out of solar and are excited to support CUB with this innovative program.
Our Australian based team is here to help. Our electricity offers are solar-friendly and include competitive rates and ongoing discounts that don’t disappear or reduce your feed-in credits. We’ll help you to get set up to save, and our friendly team is always available to provide tips on how you can save even more.
We offer unique solar friendly electricity retail services to help our customers get more out of their solar systems.
CUB chose us as the electricity retailer to assist with the VB Solar Exchange, based on the following:
Solar friendly plans and great everyday rates; with our ongoing direct debit and pay on time discounts, that don’t reduce your feed-in credits. Our offers deliver a lowest annual price which is below the government determined reference prices in each region
Service and Local Support
We have one readily available market offer in your region and the VB Solar Exchange is an optional add-on to our competitive, readily available market offer in your region, at no extra cost.
Our solar friendly market offers are competitive, with everyday rates and ongoing discounts that don’t reduce your feed-in credits, By paying on time with direct debit, our offers deliver a lowest annual price which is below the government determined reference prices in each region.
Please note that our current feed-in rate is7.0 c/kWh, however, this rate can be modified at any time as we respond to ongoing changes in the energy market. The Victorian Government department DELWP has legislated a decrease in the minimum feed-in credit rate to 6.7c/kWh effective as of July 2021, these may affect the value of your future feed-in credit.
At Diamond Energy, we love innovative ideas that are designed to support the growth of renewable energy in Australia and place a huge emphasis on the power of solar as part of Australia’s renewable energy future. We believe that renewable energy, including solar, should be accessible to all. We are proud to support Carlton & United Breweries, as it takes a significant and corporate leading step towards sourcing 100% of its electricity from renewables.
We support the responsible service and consumption of alcohol. It is against the law to sell or supply alcohol to, or obtain alcohol on behalf of, a person under the age of 18 years. Learn more about drinking and your health here.
Diamond Energy has no “lock in contracts”.
The no “lock-in contracts” apply to the VB Solar Exchange, customers are free to leave the program, at no cost or select a different energy retailer at their discretion. However, the VB Solar Exchange is exclusive to Diamond Energy customers only.
If you choose to leave the program, your excess solar will be exchanged up to the date you leave.
You can get the most out of VB Solar Exchange by maximise the benefits from your solar system by cutting back any trees or shading over your system, ensuring that you seek maintenance on your panels if you believe they may be under-performing, and by taking a look at our Smart Energy Tips
Unfortunately, while natural gas burns cleaner than other fossil fuels, it is still a non-renewable fossil fuel – the extraction of natural gas is environmentally devastating and gas as a fuel source is consumed at a much quicker rate than it can be naturally produced. As an Electricity Generator and Retailer, Diamond Energy has strong environmentally sustainable values and we are on a Renewable Energy Revolution! They only own and invest in sustainable and renewable energy generation assets and therefore do not supply gas.
Transferring your electricity supply to Diamond Energy will not change your gas supplier, however, it may affect your current retail offer if you are receiving a “dual-fuel” discount or benefit. If you are unsure, you can contact your current gas retailer for more information.