{"id":34823,"date":"2016-10-26T14:42:31","date_gmt":"2016-10-26T03:42:31","guid":{"rendered":"http:\/\/nofibs.com.au\/?p=34823"},"modified":"2019-04-16T13:31:10","modified_gmt":"2019-04-16T03:31:10","slug":"new-victorian-solar-feed-in-tariffs-to-recognise-greenhouse-gas-avoidance-reports-takvera","status":"publish","type":"post","link":"https:\/\/archive.nofibs.com.au\/new-victorian-solar-feed-in-tariffs-to-recognise-greenhouse-gas-avoidance-reports-takvera\/","title":{"rendered":"New Victorian #Solar Feed-in Tariffs to recognise Greenhouse gas avoidance reports @takvera"},"content":{"rendered":"
\"SolarPV

SolarPV installed in Moreland in Melbourne’s inner north (via MEFL)<\/p><\/div>\nThis article originally published<\/a> by John Englart at Climate Action Moreland.<\/em><\/p>\n

New solar feed-in tariffs (FIT) are being introduced by the Andrews Labor government in Victoria, based on the time-of-day – peak, off-peak and shoulder \u2013 which better reflects current electricity pricing. The new tariff structure will also compensate solar households with a tariff component taking into account the environment value of greenhouse gases avoided.<\/p>\n

Victorian Minister for Energy, Environment and Climate Change Lily D\u2019Ambrosio announced the changes as a fairer way to pay people for the solar and wind power they produce for the electricity network.<\/p>\n

\u201cVictorians should be fairly compensated for the power they generate \u2013 plain and simple.\u201d said Lily D’Ambrosio.<\/p><\/blockquote>\n

\u201cHouseholds will now be compensated through the most cost effective and fairest system available, which is through a time-of-use feed-in tariff.\u201d<\/p>\n

The revised scheme follows the Labor Government accepting the major findings of the Essential Services Commission\u2019s Final Report into the Energy Value of Distribution Generation (PDF<\/a>), which was tabled in Parliament in September.<\/p>\n

\n

The #solarPV<\/a> revolution in Moreland continues despite low feed-in tariffs. Still room for more urban rooftop #solar<\/a> via @MEFLnews<\/a> pic.twitter.com\/XTXUtse1SB<\/a><\/p>\n

— John Englart EAM (@takvera) October 26, 2016<\/a><\/p><\/blockquote>\n

One of the recommendations of this report was that annual minimum rates for feed-in tariffs will permanently move from calendar years to financial years to allow retailers time to adjust their systems.<\/p>\n

This means the new feed-in tariff rates will commence from 1 July 2017. <\/p>\n

The current minimum feed-in tariff rate of 5 cents per kilowatt hour (c\/kWh) applies from 1 January 2016. The new rate will likely be 6.5C to 7c average including the envoronmental component, and 8c per kwh for peak times (3pm-9pm). The new FIT increase is still way below the average grid supply rate of 25c\/kWh.<\/p>\n

\n

Positive news from #SpringSt<\/a>: Solar Feed-in-Tariffs will increase from July next year. @VictorianLabor<\/a> continue in strides toward renewables pic.twitter.com\/Xk2uUMnbI0<\/a><\/p>\n

— LEAN Victoria (@LEAN_Victoria) October 26, 2016<\/a><\/p><\/blockquote>\n