Australian homes with rooftop solar systems will benefit from energy price hikes

There’s been a lot of bad news coming from the energy sector in the last few weeks, so let’s take a minute to focus on some of the good news.

Australian homes that have rooftop solar systems will be benefitting from the wholesale energy price hikes, as the retailers are preparing to increase Feed-in tariffs [FiT] by up to 140%.

True story.

AGL said that they will be increasing their FiT in South Australia from the current value of 6.8c to 16.3c. That is a 140% increase.

FiT rates for residential customers in Queensland, New South Wales and Victoria will increase between 77% and 126%. The new FiTs will range from 11c to 16c, up from between 5c and 7c. These new rates are set to take effect on July 1, 2017.

“Australia has the highest rate of household solar panel installation in the world, with around 15% of Australian homes hosting solar panels, and we see the uptake increasing especially as the price for solar PV systems continues to decrease. We also know consumers are wanting and expecting greater control and visibility of their energy usage and management and this too is driving solar PV uptake,” said Sandra de Castro, general manager, sales & marketing, AGL.

These increases could equal as much as $332/year for some households.

That’s good news, right.

For the remaining 85% of households that have yet to invest in a solar system, now really is the time to take control of your energy bills.

The current Government rebate is as high as it will ever be, at [maxrebates]* and the prices of solar PV systems are at an all-time low. When you include the increased FiT rates, there really is no better time to combat the increasing energy price hikes and leveraging off solar’s free energy.

We can help by organising 3 FREE QUOTES from local solar suppliers, allowing you to make the best decision for your household.

It’s quick, easy and obligation-free.

Considering solar? We take the stress out of finding the right installer.

Get Obligation
Free Solar Quotes
House with solar panels

Where are you in your Solar Journey?

Get 3 Free Solar Quotes

Top Solar Topics

Top solar topics

What’s your Ideal System Size?

Question Mark Speech Bubble

Work out your Savings

Man patting dog and using smartphone

Switch and Save Quick

Gas stove
Ultimate Solar Guide - 2021

The Ultimate Guide to Solar in 2021

47 Pages of Must Know Solar Stuff

  • Plan your system
  • Learn about rebates
  • Maximise your savings

Need solar help? Where should we send your FREE copy?



Map of Australia

Relax! We’ve Helped Over


We make getting solar a breeze!


man installing solar
smart energy council logo
© 2021 Solar Market Pty. Ltd. All Rights Reserved. View our privacy policy.
smart energy council logo
© 2021 Solar Market Pty. Ltd. All Rights Reserved.

Free Solar Guide

Download Solar Guide