VB Solar Exchange: Earn slabs of beer for solar exports

‘You can get it strivin’, you can get it divin’, you can get it mixin’ cement, a hard-earned thirst needs a big cold beer and the best cold beer is Vic, Victoria Bitter…’

Most of us know the jingle, and it’s fair to say there isn’t a more quintessential Aussie beer than Victoria Bitter (VB), but what we didn’t know is that VB has recently teamed up with one energy provider to give solar customers slabs of its famous brew.

Yes, you read that correctly, energy customers with solar can turn their excess electricity into cartons of beer thanks to the VB Solar Exchange, a promotion through Diamond Energy and VB’s parent company, Carlton & United Breweries (CUB).

Brian Phan, General Manager of Marketing at Victoria Bitter, said the initiative is aimed at Aussies who are chasing a different type of reward for exporting any excess power through their solar panels.

“The only thing better than drinking the Big Cold Beer in the Aussie sun is earning beer while you do it,” he said. “Plus, it’s a real win-win for beer lovers and the environment.”

But, lovers of the famed amber nectar will have to act quick as there’s only a limited number of spots on offer.

Mr Phan said: “There are currently only 500 spots available. While we want more people exchanging solar for beer down the track, for now any beer lover who wants to participate should sign up quickly at www.vbsolarexchange.com.au.”

Diamond Energy Managing Director Tony Sennitt stated the power retailer is hop-timistic about its partnership with VB.

“We are proud to partner with VB and look forward to helping Australians get the most out of their solar through this initiative solar exchange program – it’s good for them and the environment.”

The promotion is made possible through Power Ledger, a digital platform that facilitates the solar and VB exchange between Diamond Energy and CUB. VB Solar Exchange is available to residential customers in New South Wales, Victoria, south east Queensland and South Australia.

For eligibility requirements and full terms and conditions, visit the VB Solar Exchange website.

VB Solar Exchange screenshot

How does the VB Solar Exchange work?

In a nutshell, for every $30 worth of solar energy that’s exchanged, customers will receive a slab (carton) of VB that’s delivered straight to their door. Fancy a cold one as opposed to a lousy credit on your bills? Then, here’s some of the fine print around how the VB Solar Exchange works:

  • Customers must be over 18 years of age and will need to switch to Diamond Energy to sign up
  • Solar system must be equal to or less than 6kW DC capacity
  • Have a retailer only feed-in tariff rate
  • Only 500 spots are currently available in NSW, Victoria, SE QLD and SA
  • Must have a bi-directional interval meter operating at the property
  • A maximum of 30 slabs of VB in total on offer which ends 31 March 2022

Again, it’s best to browse the website for further details.

Wait, who is Diamond Energy?

Diamond Energy is an Australian-based company punching well above its weight as one of the nation’s greenest energy providers. The retailer claims to be passionate about renewables, stating it owns several renewable generators as well as investing in carbon neutral energy. Diamond Energy has a rather generous solar feed-in tariff rate of 10.2c/kWh across each state it operates in.

Is the VB Solar Exchange worth it?

Given that solar customers can snag a case (24 units) of VB for only $30 worth of exported power, it seems like this deal is a no-brainer for hopheads. At the time of publication, a slab of VB costs around $50, so the VB Solar Exchange could be a real thirst-quencher when it comes to value, as participants could stand to pocket approximately $20 each exchange.

The real kicker will be whether or not it’s worth switching to Diamond Energy in exchange for a few less trips to the bottle-o. Furthermore, any beer snobs out there might not wet their lips at the thought of downing a VB after a working week that’s been hard yakka. At the end of the day, it’s more than just beer we’re talking about here, it’s also energy, so if you’re not getting a good electricity rate, you could end up paying more to keep the bottles chilled than you would with a different power company. As always, check the fine print of Diamond Energy’s plans before signing up to the VB Solar Exchange, this way you can’t be bitter about your electricity bills.

Compare Solar Energy Deals

Not much of a beer drinker? That’s perfectly fine. Compare a range of solar-specific deals by clicking on your state below.

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 3900kWh/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 4600kWh/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 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.

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Image credits: Jen Watson/Shutterstock.com, Asahi, Diamond Energy

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