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Green & Renewables
Vic minimum FiT requirement to be repealed?
Fairfax media reports that the mandated minumum FiT in Victoria will be removed, rates can only get lower.
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Sun sets over minimum payments for Victorians with rooftop solar
Payments to households sending solar power to the grid will be slashed or even terminated as the Victorian government scraps mandatory feed-in tariffs.
Nick Toscano, Mike Foley
Victorian Energy and Climate Change Minister Lily D’Ambrosio will announce that the Vic government plans to abolish the requirement for retailers to offer any feed-in tariff for solar households, according to this Sydney Morning Herald report.
The move would bring Victoria into line with other states, including NSW, and signals a shift to a new era in which households will not automatically earn payments for sending power into the grid during daylight hours when it’s least needed. The change comes after years of reductions to feed-in tariffs since their introduction in the 2000s.
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In welcome news for energy consumers, default offer prices are falling for the first time in years.
Regional QLD energy prices to increase 28%
Retail energy prices in regional QLD will increase 28% from 1 July
ACCC Targets Virtual Power Plant Market Concentration: What It Means for You
Australia's energy regulator is taking a closer look at virtual power plants as big retailers snap up smaller operators. Here's what the ACCC's scrutiny means for your energy choices.
When can retailers increase prices?
Energy prices are up, so let's check the rules on when, how often, and by how much retailers can increase their prices. Here's everything you need to know.