15 Oct 2015

Today IPART released a Final Report and Final Determination on solar feed-in tariffs in 2015-16.

We have made a Final Determination that in 2015-16 the benchmark range for solar feed-in tariffs is 4.7 to 6.1 c/kWh and the retailer contribution is 5.2 c/kWh. These decisions are 0.3c/kWh higher than our Draft Determination in August due to a higher forecast average wholesale spot price in 2015-16.

Our Final Determination will take effect from 15 November 2015.

Benchmark range

Our determination on the benchmark range is a guide to the likely value of the electricity exported by PV customers. From next year, we will provide an annual market update for the benchmark range. Our first annual market update will be released in May 2016, and will provide a benchmark range for 2016-17.

Retailer contribution

NSW electricity retailers must make the retailer contribution towards the cost of the subsidised feed-in tariffs the Government pays PV customers who are part of the Solar Bonus Scheme. The Final Determination on the retailer contribution will apply from 15 November 2015 and will remain effective until 31 December 2016 or until replaced.

More information is provided in our Final Report and Determination.

Further Information