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Solar smart meters: Metering and charges explained

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This Canstar Blue article walks you through solar smart meters – what they are, where to get them and what they cost.

Installing solar panels is an excellent way to save on electricity costs and reduce your household emissions. 

But before you start using your new solar system, you may need to upgrade your traditional meter or install a smart meter. A smart meter measures when you use electricity and how much you use. It then sends the information to your energy retailer. 

So, where do you get a smart meter for solar? And, how does a solar meter charge differ from those charged on traditional electricity meters? We explain all below.

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What is a solar smart meter?

A solar smart meter measures the amount of electricity that a household is both receiving from and exporting to the grid. Unlike traditional electricity meters that can only measure electricity flowing in one direction (typically just from the grid to the property) a solar smart meter is bi-directional, meaning it can measure both the electricity sourced from the grid and the electricity sent back to the grid from the property. 

This makes them ideal for grid-connected home solar power systems, as it allows the household to send any excess solar power to the grid in exchange for a solar feed-in tariff on their bill. 

Do I need a solar smart meter if I get solar panels?

If you want a grid-connected solar panel system for your home, you will likely need to update your traditional accumulation meter to a smart meter. If you already have a smart meter then it may just need to be configured so that it can measure the power you export. Once your smart meter is set-up for solar, you can start earning credits with a feed-in tariff to help reduce your power bill.

Depending on the solar feed-in tariff you are eligible for, your solar smart meter may be set to either gross or net metering. Gross metering means that all the electricity generated from the solar panels is exported to the grid for a profit, while net metering means customers consume what they need first and only export what’s left over. 

Gross metering was a popular set-up during the early solar boom when some households were eligible for boosted, government-funded feed-in tariffs or 50-60c per kilowatt hour (kWh). These days however, the standard set-up is generally net metering.  

If you are unsure whether your meter will need to be upgraded during your solar installation, or you’d like to learn more about your solar metering options, it may be worth discussing this with your solar installer during the quoting process.

Compare solar plans and prices

Here are some of the cheapest solar-specific deals from the retailers on our database. These costs are based on the Ausgrid network in Sydney but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price first. Annual price estimates assume general energy usage of 3911kWh/year for a residential customer on a single rate tariff. Price estimates exclude solar feed-in tariff credits. These are products from referral partners†. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Here are some of the cheapest solar-specific deals from the retailers on our database. These costs are based on the Citipower network in Melbourne but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price first. Annual price estimates assume general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Price estimates exclude solar feed-in tariff credits. These are products from referral partners†. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Here are some of the cheapest solar-specific deals from the retailers on our database. These costs are based on the Energex network in Brisbane but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price first. Annual price estimates assume general energy usage of 4613kWh/year for a residential customer on a single rate tariff. Price estimates exclude solar feed-in tariff credits. These are products from referral partners†. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Here are some of the cheapest solar-specific deals from the retailers on our database. These costs are based on SA Power network in Adelaide but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price first. Annual price estimates assume general energy usage of 4011kWh/year for a residential customer on a single rate tariff. Price estimates exclude solar feed-in tariff credits. These are products from referral partners†. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

How do I order a solar meter?

In most cases a new solar meter will be provided by an energy distributor which is then either installed by your electricity retailer (the company that bills you for power usage) or a qualified electrical professional. 

If you require a new smart meter, your solar installer will typically organise this upgrade on your behalf. However, if you are unsure, you can always contact your electricity retailer for more information, as it is usually the one responsible for smart meter installation in most states and territories. 

How much do solar meters cost?

Savings on Solar

Solar meter costs range from about $150 to $700. You can expect to pay an installation fee on top of that, which can range from about $60 to $350 depending on your state or territory, installer and the complexity of the upgrade. Customers who already have a smart meter and only need simple reconfigurations or minor upgrades will pay the least, while those with an old or three-phase meter will generally pay the most as they’ll need a complete reinstallation.

Most electricity retailers can install a smart meter to your property upon request for no upfront cost. However, they may charge you in way of a levy, solar meter charge or just add the costs of the install to your next power bill. Each retailer is different, as is each state or territory, so it is best to confirm any expected costs and read the fine print before going ahead. 

What is a solar meter charge?

Depending on your retailer, some Queensland solar customers will incur a daily solar meter charge of about 5 cents to 7c per day. This daily charge is separate to the daily supply charge seen on your electricity bill and helps to recover the cost of installation and maintenance of the new meter.

If you do pay a solar meter charge as part of your energy plan, you likely won’t be charged an upfront lump sum for the solar meter as the cost for the meter will instead be recuperated through to daily solar meter charge.

How to find a good solar company

Setting up solar takes time and requires research before diving in but the potential savings can make it worthwhile. In this article, we have explained some of the basics to help you understand solar smart meters. If you’re having trouble with your solar smart meter installation, then reach out to your electricity retailer and they can help you the rest of the way. For this reason, it’s important to make sure you’re with a reliable company with trusted advice and great customer service. See what other solar customers say about their retailers with Canstar Blue’s solar provider satisfaction ratings below.

Best-Rated Solar Energy Providers

Original Author: Jared Mullane 

Kelseigh Wrigley
Energy Specialist
Kelseigh Wrigley covers Australia's retail energy market, growing her industry specific expertise over the last 2 years. She holds a Bachelor of Journalism at the Queensland University of Technology and has contributed her skills to online publications Hunter & Bligh and local radio station 4ZZZ.

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