Preparing for the End of the 60c Feed-in Tariff in Victoria: What You Need to Know

As November 1st, 2024 approaches, many Victorian households will see the end of their lucrative 60c feed-in tariff for solar systems purchased up to 2011. This significant change presents a unique opportunity for homeowners to reassess their current solar setups. With many small 2kW systems waiting for the tariff to end, now is the perfect time to consider upgrading to more powerful systems, installing new setups, or adding solar batteries to maximise energy efficiency and savings. 

The Impact of the 60c Feed-in Tariff Ending

The 60c feed-in tariff has been a generous incentive for early adopters of solar energy, allowing many households to earn substantial credits for the excess electricity their systems generated. However, with the tariff ending, homeowners will no longer receive these high payments for their surplus energy. This change means it’s crucial for affected households to evaluate their energy needs and explore options to maintain or even enhance their energy savings.  

Opportunities for Homeowners 

Upgrading Existing Systems 
For those with small 2kW systems, upgrading to a larger, more efficient system can significantly increase energy production and savings. Newer systems offer improved technology, higher efficiency rates, and greater capacity, ensuring you get the most out of your solar investment. 

Installing New Systems 
If you haven't yet adopted solar energy, this is an ideal time to do so. Installing a new solar system now can help you take control of your energy costs, reduce your reliance on the grid, and contribute to a more sustainable future. 

Adding Solar Batteries 
Adding solar batteries to your system can maximise the benefits of your solar setup. Batteries allow you to store excess energy generated during the day for use during peak times or at night, increasing your energy independence and reducing your electricity bills. 

Solahart's Solutions

At Solahart, we offer a range of solutions to help you navigate the end of the 60c feed-in tariff: 

  • Upgrades: Our high-efficiency solar panels and inverters can boost your system's performance, ensuring you generate more power and save more money. 
  • New Installations: We provide complete solar power systems tailored to your home's energy needs, with options to suit various budgets and preferences. 

 

 

Why Choose Solahart? 

With over 70 years of experience in solar energy, Solahart is a trusted name in the industry. We are committed to providing high-quality products, exceptional customer service, and expert advice. Our team of professionals is dedicated to helping you find the best solution for your energy needs. Don’t just take our word for it—hear from our satisfied customers who have experienced the Solahart difference. 

How to Get Started

Getting started with Solahart is easy: 

  1. Assess Your Current System: Evaluate your existing solar setup to determine if an upgrade or addition is needed. 
  1. Explore Your Options: Research the latest solar technologies and find the right solution for your home. 
  1. Contact Solahart: Reach out to your local Solahart Dealer to schedule a consultation and get personalised recommendations. 

We are here to help you every step of the way. Fill in the form below or call us today at 1300 721 984 to learn more about how we can assist you in making the most of your solar energy system. 

As the 60c feed-in tariff comes to an end, it’s the perfect time to consider upgrading your solar system, installing a new one, or adding a solar battery. These changes can help you maintain and even enhance your energy savings. Don’t wait—take advantage of this opportunity to improve your energy system and secure your energy future with Solahart. 

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The incentive is not a direct rebate to customers. It’s usually provided as an upfront discount by the approved supplier, such as Solahart, that installs the battery or operates the VPP. 

Approved suppliers are known as Accredited Certificate Providers (ACPs). These are businesses that have been accredited by the Scheme Administrator (IPART) to conduct specific installations and upgrades under the Peak Demand Reduction Scheme. Solahart is an ACP. 

The incentives will be available from 1 November 2024 to give the Scheme Administrator (IPART) time to establish its compliance processes, accredit the approved suppliers and engage and train staff for conducting audits. 

Virtual Power Plants (VPPs) are systems of interconnected batteries managed by a VPP operator. When needed, the VPP coordinates the release of energy stored in the batteries to the grid to address frequency and voltage imbalances, local disruptions or disturbances and keep the network stable.    

Participation in a VPP means that customers will agree to have their battery managed by a VPP operator. The battery owner and VPP operator will define the individual details, such as dispatch conditions, in the agreement. 

The PDRS provides an incentive for proof that a battery has joined a VPP. 

Customers can receive financial incentives for joining a VPP, lowering the payback time of their solar and battery system. 

Yes, you’ll need to have rooftop solar installed on the premises and use an approved supplier under the PDRS to install the battery. 

Generally, installers will provide a quote that states both the cost of the battery and the installation separately. However, installers have full discretion to choose how they quote, and some may instead provide a single all-inclusive price. 

We recommend keeping a record of communications that clearly states the inclusions and exclusions of a quote before any money changes hands.  

This is to be consistent with schemes in other Australian states.  Most eligible sites will only need batteries under 28kWh. The national average energy use for a five-person household is 25kWh per day. 

The installation incentive will only be available for new battery installation.  The VPP participation incentive is available for already-installed batteries, provided that the battery is signed onto a VPP, has 6 years of the manufacturers’ warranty remaining and meets the equipment requirements.