Best Energy Tariff With Solar Panels

The feed in tariff scheme often referred to as fit was introduced in 2010 to encourage uk households to invest in renewable energy generation methods such as solar panels and micro chp.

Best energy tariff with solar panels.

Solar feed in tariffs fit are the payment made to solar owners for the energy they generate and send back into the grid. Social energy is top of our league table and for good reason too. The smart export guarantee tariff pays homes for generating renewable electricity including from solar panels and wind turbines. No matter which energy company you re currently with it s always worth checking the market regularly to see if you could save money by switching.

However if you already have solar panels and are receiving feed in tariff fit payments you have the option to switch to the smart export guarantee. Your old supplier can still be your fit licensee and carry on paying you the same rate. Anyone already registered will continue to receive their fit payments for the full 20 25 year term. Who has the best solar feed in tariff in nsw.

Like a tiny power station any extra energy generated through your solar panels that you don t use can be sold back into the grid at the feed in tariff rate. Their current export tariff called smarter export offers its customers 5 6p per kwh metered export making it the current best value export tariff for solar exporters it is worth noting that it is a variable rate which means you can expect fluctuations based on market conditions. The smart export guarantee takes the place of the feed in tariff fit for new solar panel owners. Your electricity retailer will not count the units of energy that you self consume depending on your metering setup all they see is what you end up drawing from the.

At the time of this publication we found that origin energy has the best solar feed in tariff in nsw where eligible customers can get 22 cents per kilowatt hour c kwh for feeding electricity back into the grid. The way to save the most money with solar on a low solar feed in tariff is to focus on solar self consumption basically using your solar energy as it is produced. So switching energy supplier with solar panels doesn t need to affect your fit contract at all.