With more Australians turning to renewable energy, choosing the right solar plan is just as important as installing panels. One key factor is the 1st Energy Solar Feed-in Tariff, which rewards households for exporting excess electricity generated by their solar system back to the grid.
If you’re considering 1st Energy as your provider or already a customer, understanding how their solar feed-in tariff works can help you make the most of your solar investment.
What Is a Solar Feed-in Tariff?
A solar feed-in tariff (FiT) is a credit paid to you by your electricity retailer for the excess solar energy your system exports to the grid. Instead of going to waste, this surplus power helps supply the community, while you earn savings on your energy bill.
How the 1st Energy Solar Feed-in Tariff Works
The 1st Energy Solar Feed-in Tariff allows you to:
- Export unused solar power from your rooftop panels to the electricity grid.
- Receive a credit on your bill for every kilowatt-hour (kWh) exported.
- Reduce your overall electricity costs by offsetting grid usage with solar credits.
Your total savings depend on:
- The size of your solar system.
- How much power you use during the day.
- The current FiT rate set by 1st Energy.
Current Rates for the 1st Energy Solar Feed-in Tariff
Feed-in tariff rates vary between states and may change over time depending on government regulations and retail offers. Typically, rates fall within:
- Victoria: Around 4c – 10c per kWh (set by the Essential Services Commission).
- Queensland, NSW, South Australia, Tasmania: Rates are set by retailers and can range from 5c – 12c per kWh.
1st Energy provides competitive FiTs depending on your location and energy plan. Always check your contract or contact 1st Energy for the latest rates in your state.
Benefits of the 1st Energy Solar Feed-in Tariff
- Lower Energy Bills – Credits from exported solar can offset grid electricity costs.
- Extra Savings – The more solar you export, the higher your potential credit.
- Support Renewable Energy – By exporting to the grid, you help power other homes with clean energy.
- Flexible Plans – 1st Energy offers different energy plans, some with higher FiTs to suit solar households.
Tips to Maximise Your Solar Feed-in Tariff
- Use Appliances During the Day – To make the most of solar, run washing machines, dishwashers, or pool pumps when the sun is shining.
- Compare Energy Plans – Look at 1st Energy’s plans and see if a higher FiT plan suits your usage.
- Check Your System Size – Larger systems generally export more, but make sure your FiT rate makes it worthwhile.
- Consider a Battery – If you’re exporting a lot of energy at a low FiT rate, a home battery may increase your self-consumption and savings.
Is the 1st Energy Solar Feed-in Tariff Right for You?
If you live in Victoria, Queensland, NSW, SA, or Tasmania and have a solar system, 1st Energy’s solar plans could help you save more on electricity. The feed-in tariff makes your investment in solar panels more valuable while supporting Australia’s shift to cleaner energy.
Before signing up, compare your current plan with 1st Energy’s offers to ensure you’re getting the best rate for your solar exports.
Final Thoughts
The 1st Energy Solar Feed-in Tariff is a great way for solar households to reduce electricity costs and maximise savings. By exporting excess energy and earning credits, you not only save money but also contribute to a greener future.
Always check the latest rates with 1st Energy, and make sure your plan matches your household’s solar generation and energy needs.
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