This fact sheet briefly explains our final findings and recommendations in relation to a fair and reasonable solar feed-in tariff, and discusses how an unsubsidised feed-in tariff should be implemented in NSW.
To help retailers in setting their solar feed-in tariffs and solar customers in deciding whether these tariffs are reasonable, we have set draft solar feed-in tariff benchmarks to provide guidance on the financial value of electricity exported by
To help guide retailers and customers, IPART annually recommends a benchmark range for these tariffs based on the financial value of solar electricity.
This fact sheet briefly explains our final findings and recommendations in relation to a fair and reasonable solar feed-in tariff, and discusses how an unsubsidised feed-in tariff should be implemented in NSW.
IPART has set a draft all-day benchmark range of 7.5 c/kWh. We have also set time-dependent feed-in tariff benchmark ranges that are different for different times of the day.
Under section 43ECA of the Electricity Supply Act 1995 (NSW), the Minister has referred to IPART the determination of the benchmark range for feed-in tariffs paid by retailers for solar PV exports.
From 1 July 2012 the NSW Government will require all retailers to pay some of the costs of the statutory feed-in tariff which is paid to eligible customers under the Solar Bonus Scheme (the retailer contribution).