The best feed-in tariff or FiT right now in Brisbane is Mojo Power. The maximum you can get for exporting your solar-generated electricity is 18 cents/kW, and the FIT is capped at 300kWh per quarter or 3.28 kWh per day.…
Solar feed-in tariffs are payments that energy providers give in exchange for exported electricity.
When solar homes generate excess electricity, they can sell that power to retailers in their location. When this happens, the homeowners and businesses earn a feed-in tariff (FIT) payment.
In this article, we explore solar FIT payments in Brisbane and share the best five rates you can find. We will highlight the energy providers of these rates and share insight to help you get maximum FIT earnings for your solar power.
Who has the best solar feed-in tariff rate in Brisbane?
As stated before, =tThe best solar FIT in Brisbane is Mojo Power.
Mojo Power’s rates are comparatively high compared to competitors who offer between 2 cents/kWh and 12 cents/kWh. Even on the minimum FIT, Mojo Power outranks most of its competitors at 5.5 cents/kWh.
To get the best deal from your energy provider, it’s best to find who has the best solar FIT. Here are things you should look out for:
- A high solar FIT rate
- Electricity charges
- Supply charges
- Limitations such as maximum inverter size or a cap on daily production.
When looking at the solar FIT rate, exercise caution when picking the highest payment. This is because some energy providers give very good solar FIT rates then take more money from you with high electricity rates.
Receiving benefit payments or Centrelink can also determine what FIT payment you can receive.
Lastly, how much electricity you consume can help you get the most out of your solar FIT payment. If you export more than half of your solar-powered electricity, then getting a high FIT payment is the best deal.
You could increase your solar FIT earnings by investing in larger solar panels. Large panels will generate more electricity and increase your export production. Higher production means higher solar FIT earnings.
To qualify for solar FIT earnings, you would need to:
- Install a solar PV system in your home or commercial building
- Connect the system to the grid
Solar Feed-In Tariff Comparison in Brisbane
Check out our comparison of the best solar FIT retailers in Brisbane:
|Company||Maximum solar FIT||Notes|
|Mojo Power||18.0c||Capped to 5 kWh/day|
|Discover Energy||16.0c||Capped at 3.28 kWh/day|
|AGL||12.0c||Solar Savers plan limited to 10kW system|
|Red Energy||11.5c||Capped at 5 kWh|
|GEE Energy||11.0c||Capped 10 kWh|
|Momentum Energy||10.0c||Limited to 10 kW system|
|Origin Energy||10.0c||Solar Boost Plus Plan cap on 10 kW system|
|Elysian Energy||9.0 c|
|Alinta Energy||8.0c||Limited to 5kW solar inverter|
Top 5 Feed-In Tariffs in Brisbane
The top 5 solar FITs in Brisbane are given by
- Mojo Power
- Discover Energy
- Red Energy
- 1st Energy
These five energy providers offer minimum solar FIT rates between 5.0 cents/kWh and 6.0 cents/kWh. Their maximum solar FIT ranges between 11 cents/kWh and 18 cents/kWh.
|Retailer||Maximum FIT||Minimum FIT||Requirements|
|Mojo Power||18.0c||5.5c||Capped to 5 kWh/day|
|Discover Energy||16.0c||6.0c||Capped at 3.28 kWh/day|
|AGL||12.0c||5.0c||Solar Savers plan limited to 10kW system|
|Red Energy||11.5c||5.0c||Capped at 5 kWh|
|1st Energy||11.0c||6.0c||Maximum 10kW inverter. Solar Bonus Plan limited to Brisbane|
These are the standard tariffs for a 2-person household using 14.3kWh and exporting 5kWh per daily from a 6.6kW solar panel and 5kW inverter.
The retailer has 5 solar feed-in tariff plans for residential and commercial customers:
- Energy Without Benefits plan has a standard and premium solar FIT of 8.0 cents/kWh.
- The Single-Minded plan has both standard and premium solar FIT payments at 5.5 cents/kWh.
- The Evergreen plan, Common Ground plan, and the All Day Breakfast Energy plan have a similar standard FIT of 5.5 cents/kWh and premium FIT of 5.5 cents/kWh
The VPP Premium has a standard FIT of 45 cents/kWh and a premium FIT of 45 cents/kWh. This is limited to a 13kW solar inverter.
The Solar Smart plan has a standard FIT and premium FIT rate of 16 cents/kWh.
The Ultimate Saver, Standing Offer, Economy, and the Easy plans have a similar premium and standard FIT of 6.0 cents/kWh.
- The Solar Savers with VPP plan has a standard FIT of 12 cents/kWh, while the premium FIT is 56 cents/kWh. The drawback with the Solar Savers with VPP plan is that you need a Tesla Powerwall 2 battery or LG Chem with a maximum inverter size of 10kW. This plan is limited to residential customers.
- The Savers plan has a similar solar FIT rate as the Solar Savers VPP plan.
- The Super Saver, Standing Offer plan, Port Brisbane, Flexible Saver, Electric Vehicle, and the Senior Savers plans have the same standard FIT and premium FIT of 5 cents/kWh and 49 cents/kWh, respectively.
- The EV Saver has a standard FIT of 15 cents/kWh. The premium FIT is 55 cents/kWh.
- The Red BCNA Saver plan has a standard FIT of 5.5 cents/kWh. The same is true for the premium FIT.
- The Qantas Red Saver and the Living Energy Saver have a standard FIT of 11.5 cents/kWh. Their premium FIT rate is 55.5 cents/kWh.
- The Standing Offer does not have data on the standard and premium solar FITs.
- The Solar Bonus plan has a standard solar FIT of 11 cents/kWh. The premium FIT rate is also 11 cents/kWh.
- The Standing Offer’s premium FIT rate is 6 cents/kWh. The standard FIT is also 6 cents/kWh.
- The Saver Plan shares the same standard and premium FIT as the Standing Offer plan.
Are feed-in tariffs in Brisbane worth it?
Solar feed-in tariffs in Brisbane are worth it. You are likely to get a fair deal because energy providers offer competitive FITs to customers. You can anywhere between 5 cents/kWh and 18 cents/kWh.
Shopping around would help you find out the different tariff rates and give you an advantage when selecting the best retailer. Retailers are less likely to exploit solar customers because the Queensland Competition Authority monitors their tariff offers and rates in Brisbane and across South East Queensland.
Outside South East Queensland, the Queensland government set the 2021 FIT rate at 7.861 cents/kWh.This is a flat-rate tariff for solar customers who are eligible to connect to the Ergon Energy and Origin Energy networks.
The flat rate makes the market less competitive for solar energy producers. Brisbane is far more ideal because retailers have the freedom to choose the FIT rates, and homeowners can negotiate better rates.
Also, the eligibility criteria is more restrictive in regional Queensland than in Brisbane. For the regional Queensland customers, consumption is capped at below 100 MWh/year and a 30kW inverter. They are also restricted by the choice of retailer. They have to be connected to the Ergon Energy network or the Origin Energy network.
What is my current solar feed-in tariff?
You can find your current solar feed-in tariff from the Australian Energy Regulator website.
- Choose the Find and Energy Plan tab.
- Select your electricity plan.
- Enter your ZIP code.
You may be requested to provide more information so that the search query can narrow down the results.
The best feed-in tariff right now in Brisbane is Mojo Power. The maximum tariff rate is 18 cents/kWh. It is capped at 300kWh per quarter or 3.28 kWh per day.
The top 5 solar FITs in Brisbane are given by
- Mojo Power
- Discover Energy
- Red Energy
- 1st Energy
They offer minimum solar FIT rates between 5.0 cents/kWh and 6.0 cents/kWh. Their maximum solar FIT ranges between 11 cents/kWh and 18 cents/kWh.
Energy providers in Brisbane offer competitive prices. Shop around and check the Australian Energy Regulator for comparative prices.
If you want to go solar, consider getting in touch with our reliable installers. Our team of experts will guide you in choosing the best feed-in tariff and do all the installation for you.
If you are interested in looking at the best feed-in tariffs in other states click below:
Our Guides to Solar Rebates, Tariffs and More
We have a series of unique guides to solar, solar finance, batteries and more, if you are looking to do more in-depth research into solar finance check the below:
1. What Are Solar STC’s?
In this regard, the Australian government has provided incentives under the Solar Credit Program to encourage the installation of solar power systems. STCs or Small-scale Technology Certificates are incentives provided to small-scale energy generators. The most common example is the residential facilities.
2. How To Claim STCs
You can claim small-scale technology certificates (STCs) by assigning them at the point of sale to a registered agent like a retailer or solar installer. Each STC claim is unique to an installation. However, you can make more than one STC claim if you use different addresses for each installation.
State-Based solar incentives in Australia offer low-interest loans, interest-free loans, free solar system installation, or free battery installation. The incentives are given depending on your state location. However, you receive solar incentives only if you are eligible.
4. Solar Incentives for Businesses in Australia
There are many incentives that business owners in Australia with solar power can enjoy. Some of them include Small-scale Technology Certificates (STCs), Feed-in Tariffs, Retailer Energy Productivity Scheme (REPS), and more. These incentives promote the adoption of solar by lowering the installation costs.
Interested in solar? By clicking below, you can use our smart solar calculator to find out just how much you could save with solar, what rebate you are eligible for, and the impact you will have on the environment.
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