GSES has released a new technical article about State FITs ending and what will happen next?
Next year at about this time, three states will terminate part of their feed-in-tariff programs:
- Victoria’s Transitional and Standard Net metering programs end on 31 December 2016,
- South Australia’s Customer Group 4 Net metering program ends on 30 September 2016 and
- New South Wales’ $0.60/kWh and $0.20/kWh Solar Bonus Scheme ends on 31 December 2016.
Victoria and South Australia are only ending some of their feed in tariff payments. This is not the completion of their entire feed-in-tariff program. Victoria’s Premium Net metering program will last until 31 December 2024 and South Australia’s Customer Group 1 Net metering program lasts until 30 June 2028. Furthermore, South Australia and Victoria have opted for net metering policies, which mean that, when the feed-in-tariff programs end, no metering changes are necessary. In these cases, the net meter can continue to operate as normal and customers can negotiate with their retailers to sell back exported energy at an agreed rate.
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