Rebates and Feed-in tariff

Solar feed-in tariffs is a rate paid for electricity sent sold back into the electricity grid, from any designated renewable energy output source such as a solar panel system or wind turbine.

Feed-in tariffs vary from state to state, look at the table below for an idea on rates to expect.

StateCurrent Rate PaidFurther info
VIC
Depends on retailer, but current minimum rates start at 7c/kWh
Victoria Energy Compare (Government site for comparing electricity and solar rates) Solar power info: Melbourne & Victoria
SADepends on retailer: Currently ~7-15c/kWhEnergy Made Easy (Government site for comparing electricity and solar rates) Solar power info: Adelaide & South Australia
ACTDepends on retailer: Currently ~8-17c/kWhSolar power info: Canberra & the ACT
TAS~7¢/kWhEnergy Made Easy (Government site for comparing electricity and solar rates) Solar power info: Hobart & Tasmania
NTDomestic buyback rate set by PowerWater – currently 8.3c/kWhPowerWater: Photovoltaic (PV) solar systems Solar power info: Darwin & NT
WAVaried rates for Horizon customers (Read more) Synergy residential customers: ~7.2c/kWhHorizon Power: Renewable energy hosting capacity by town Solar power info: Perth & WA
QLDEnergex network: Depends on retailer – currently about 10-16c/kWh Ergon network: ~10c/kWh mandatory minimumEnergy Made Easy (Government site for comparing electricity and solar rates – for SE QLD) Solar power info: Brisbane & QLD
NSWDepends on retailer: Currently about 6-16c/kWhEnergy Made Easy (Government site for comparing electricity and solar buyback rates) articles about solar power in NSW
These are the current rates as of 23rd February 2021

*Note that rates are dependent on the electricity retailor and apply to current installs, as of 2016 several legacy feed in tariffs rates ceased, and early adopters of solar would be paid current general rates.

*IMPORTANT – rates differ between time periods so please confirm with electricity retailor

FAQ #

Difference between gross and net feed-in tariff #

A net feed-in tariff pays the PV system owner for excess energy they produce, but did not use. Gross feed-in tariff pays for each kilowatt hour of electricity produced by a grid connected system.

Is income coming from a feed-in tariff taxable? #

In most cases, systems installed for residential use would not be taxable whereas a system installed at a commercial site would. If it can be shown that the system installed was part of a profit-making scheme or in the nature of the business, receipts under the feed-in tariff would be considered assessable income while all expenses associated with the income generating activity would be deductible.

Is GST payable on feed-in tariff revenue? #

You would need to receive $75k per annum from revenue source to be required to register for GST. Businesses, however will need to pay/remit GST for their feed-tariff income.