Best Solar Feed In Tariffs VIC Background

Best Solar Feed In Tariff VIC

Looking for a better solar plan or provider in Melbourne? We compare plans and providers that operate in and around the Melbourne area to help you find the best fit for your needs.

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Utilities Editor
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  • Solar feed-in tariff - lowest first
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Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon 12 month contract with variable rates Glossary
12c/kWh
for the first 15kWh per day,
5.4c/kWh thereafter
Equal to
the VDO Glossary
Conditional discounts: $50.00 off the bill for Sign-up Credit
$1,521 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
12c/kWh
for the first 14kWh per day,
4.9c/kWh thereafter
Equal to
the VDO Glossary
$1,571 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
10c/kWh
for the first 10kWh per day,
4.9c/kWh thereafter
Equal to
the VDO Glossary
$1,571 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
9.9c/kWh
8% more
than VDO Glossary
$1,704 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon 12 month contract with variable rates Glossary
5.4c/kWh
21% less
than VDO Glossary
Conditional discounts: $50.00 off the bill for Sign-up Credit
$1,191 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
5.4c/kWh
22% less
than VDO Glossary
$1,219 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
5.4c/kWh
16% less
than VDO Glossary
$1,322 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon Guaranteed fixed rates for 12 months Glossary
  • icon 12 month contract with no exit fees Glossary
5.4c/kWh
8% less
than VDO Glossary
Conditional discounts: $50.00 off the bill for Moving Credit
$1,395 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon 12 month contract with variable rates Glossary
5.4c/kWh
Equal to
the VDO Glossary
$1,571 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
5.4c/kWh
Equal to
the VDO Glossary
$1,571 Glossary

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The initial results in the table above are sorted by Solar feed-in tariff (High-Low) , then Price/year (estimated) including conditional discount (Low-High) , then Brand Satisfaction (High-Low) . Additional filters may have been applied, see top of table for details.

Latest in solar energy

There are so many reasons to install solar panels in Victoria, but most people just want to know how much they’ll be able to save on energy bills. Despite a plethora of contributing factors to any potential savings, it’s the feed-in tariff (FiT) that draws the most attention.

This figure dictates how much of a credit households will receive on their power bills for exporting leftover electricity back into the grid. But is it as simple as just signing up to the solar plan with the highest FiT? Often there are more factors at play that impact the overall price Victorians pay for power. With this in mind, let’s take a peek at the best solar feed-in tariffs in Victoria, as well as some other features to look out for to help maximise returns on your solar investment.

Which provider has the best solar feed-in tariff in Victoria?

Origin Energy currently offers the best solar feed-in tariffs (FiTs) in Victoria at the time of publication, with eligible customers receiving 20 cents per kilowatt hour (c/kWh) of energy exported to the grid. Following this is AGL with 15c/kWh and EnergyAustralia with 12c/kWh. Note that the Victorian energy regulator has set a minimum FiT rate of 4.9c/kWh for solar customers on a single rate tariff.

Origin Energy Feed-in Tariffs VIC

Origin Energy solar plans are hard to beat as far as what’s on offer from solar retailers, but to score its highest feed-in tariff rate in Victoria, you’ll need to have your solar panels installed with Origin in the first place with a system size under 7kW. If you do, you’ll be eligible for a FiT of 20c/kWh. If the system is over 7kW you will receive 17c/kWh, but if you are coming with a system already installed you’ll have to settle for a still reasonable 12c/kWh. Keep in mind these FiT rates are for customers connected to a single rate tariff.

The best minimum and maximum solar feed-in tariffs in VIC

In the table below, you’ll find a list of minimum and maximum solar feed-in tariffs available from retailers in Victoria. Some of these companies may not operate in all areas of VIC, while some FiTs may only be available when certain conditions are satisfied. Please check each provider’s website for further details.

Highest FiTs Lowest FiTs

Here are the plans with the highest solar feed-in tariffs 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. Our database may not cover all deals in your area, please check retailer websites for up to date information.

Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
12c/kWh
for the first 15kWh per day,
7.6c/kWh thereafter
Equal to
the reference price Glossary
Conditional discounts: $50.00 off the bill for Moving Credit
$1,778 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
12c/kWh
for the first 8kWh per day,
5c/kWh thereafter
18% more
than reference price Glossary
Conditional discounts: Reduces to 16% more than the reference price for Direct Debit
Reduces to 14% more than the reference price for Pay on Time
$2,085 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
10c/kWh
for the first 10kWh per day,
7c/kWh thereafter
Equal to
the reference price Glossary
$1,827 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
7.6c/kWh
18% less
than reference price Glossary
Conditional discounts: $50.00 off the bill for Moving Credit
$1,449 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
7.6c/kWh
10% less
than reference price Glossary
$1,645 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star empty
Brand Satisfaction Glossary
  • icon Guaranteed fixed rates for 12 months Glossary
  • icon No lock-in contract with no exit fees Glossary
7.6c/kWh
6% less
than reference price Glossary
Conditional discounts: $50.00 off the bill for Moving Credit
$1,668 Glossary
including conditional Glossary
discount Glossary

Here are the plans with the lowest solar feed-in tariffs 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. Our database may not cover all deals in your area, please check retailer websites for up to date information.

Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
3.9c/kWh
1% less
than VDO Glossary
$1,555 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
3.9c/kWh
4% more
than VDO Glossary
Conditional discounts: Reduces to 3% more than the VDO for Direct Debit
Reduces to 1% more than the VDO for Pay on Time
$1,580 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
3.9c/kWh
4% more
than VDO Glossary
Conditional discounts: Reduces to 3% more than the VDO for Direct Debit
Reduces to 1% more than the VDO for Pay on Time
$1,588 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
3.9c/kWh
10% more
than VDO Glossary
Conditional discounts: Reduces to 9% more than the VDO for Direct Debit
Reduces to 7% more than the VDO for Pay on Time
$1,677 Glossary
including conditional Glossary
discount Glossary
Award icon Outstanding Value -Solar Electricity Plans VIC
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
4.9c/kWh
34% less
than VDO Glossary
$1,030 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
4.9c/kWh
25% less
than VDO Glossary
$1,176 Glossary

Which is the best solar energy provider?

Red Energy is currently ranked as Australia’s best solar energy provider, according to Canstar Blue’s 2024 customer satisfaction ratings. The Australian-owned energy company snagged five stars for its customer service, bill and cost clarity, ease of sign-up and overall satisfaction. While Red Energy doesn’t have solar specific plans in Victoria, its standard market offers in the state come with feed-in tariffs.

How do I know what my solar feed-in tariff is?

The feed-in tariff rate you receive from your retailer should be listed on your plan’s energy fact sheets. These are documents that all energy providers must list on their website, however some can be trickier to find than others. Energy fact sheets are usually located on the bottom of a retailer’s website and will normally list each plan’s solar feed-in tariff.

Is there a minimum feed-in tariff in VIC?

Customers in Victoria can find some level of comfort in the fact that there is currently a mandated minimum solar feed-in tariff rate of 4.9c/kWh for customers on single rate tariffs. However, is a large decrease from previous years where solar customers received 10.2c-12c/kWh.

Are there solar-specific plans available in VIC?

Yes, there are a handful of retailers who offer plans marketed to customers with solar panels, however some power companies may not always have them publicly listed. This means it’s best to check directly with the provider. While a solar-specific plan sounds good on paper, you’ll need to double check that the electricity rates have not been increased to cover a higher feed-in tariff.

Feed-in tariffs vs energy rates: What’s more important?

Sometimes energy providers hide increased electricity rates behind a large solar feed-in tariff, which can be confusing to say the least. The base rates of an energy plan should still be price competitive, regardless of how high the FiT is, but it will ultimately come down to your personal circumstances and household needs.

A house that exports plenty of excess power to the grid may benefit from a higher feed-in tariff, which in turn could justify paying higher electricity usage and supply rates. On the other end of the spectrum, a household with smaller solar capabilities may be better off with an average FiT and lower base rates. You should crunch the numbers to see how much money you’re saving off power bills and work out if cheaper rates could benefit your back pocket, or a bigger feed-in tariff rate.

Is solar worth it in VIC?

Solar is a huge investment, costing upwards of thousands of dollars, and that’s before you even have it installed. With such a hefty upfront cost, finding a good deal that can pay itself off over time will help you get the most from your solar system.

With a little bit of homework and understanding of which features are important to you, there are plenty of savings to be made, especially if you can cash in on a solar rebate.

About our electricity experts


TaraTara Donnelly: Utilities Editor

As Canstar Blue’s Utilities Editor, Tara Donnelly covers the internet, mobile and energy sectors – topics she’s spent a decade focused on, alongside consumer technology, within the comparison industry. Her telco expertise has seen her appear in national media including 9 News, 7 News, Sunrise, the ABC and The Sydney Morning Herald. You can follow Tara on LinkedIn.

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Breanna Gream

Breanna Gream: Data Insights Team Lead

Breanna Gream is Canstar’s Data Insights Team Lead, and is responsible for developing the methodology and delivering Canstar Blue’s Value Ranking for the energy and telco sectors. She holds a dual degree in Business and Mathematics from the Queensland University of Technology, and enjoys using her skills to help consumers find more suitable utilities plans. Connect with Breanna on LinkedIn.

Meet the Research Team

 

Important information

For those that love the detail

This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.

General Disclosure - Energy 

The data in the table is updated within 24 hours of Canstar Blue becoming aware of a change. You can find a description of the initial sort order below the table. This is the case unless you are in Tasmania, in which case the initial table display is sorted by Solar feed-in tariff (highest to lowest), then by Price/year (lowest to highest) and then alphabetically by provider name. You can use the sort buttons at the top of each column to re-order the display. 

Please note that the Brand Satisfaction rating displayed in the table is a rating relating to customers’ overall satisfaction with the brand. It should not be confused with an individual product rating. Learn more about Electricity Brand Satisfaction ratings and for more information on how the Brand Satisfaction ratings are calculated, read the Canstar Blue Most Satisfied Customers Methodology

The results do not include all energy retailers or products in the market and may not compare all features relevant to you. Canstar Blue does not supply electricity or gas services. If you decide to apply for a particular energy product, you will deal directly with the retailer, not with Canstar Blue. Fees, charges, product information and contract terms should be confirmed directly with the relevant retailer. 

Some plans may require you to meet certain conditions before a discount may become available to you. Check the energy provider’s plan information for details of all possible discounts that may apply and any conditions that need to be met for you to be eligible for these discounts.

Check your current plan's exit fees and other termination provisions before changing providers.

Some plans may have a minimum term that is longer than one year. In that case the total cost over the term will be much higher than the estimated Price, which is for one year only. Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.

Pricing Information 

The Price shown is inclusive of GST and is either:

  • the estimated lowest possible price a representative customer would be charged in one year for this plan, assuming all conditions of discounts offered (if any) have been met, based on the Australian Energy Regulator’s model annual usage in the distribution region as shown at the top of the table; or
  • if you have provided usage data from your electricity bill, the estimated annual amount payable for this plan is based on your individual circumstances.

The estimated Price is based on single rate tariffs, which may also be known as ‘peak tariffs’, ‘peak only’ or ‘anytime’ tariffs, and, if applicable, controlled load tariffs, which may also be known as ‘controlled any time’, ‘controlled load 1’ or ‘controlled load 2’.

For Tasmania only

The general usage for products displayed in the table for Tasmanian postcodes is based on the median electricity usage of customers in Tasmania. The median usages are: 2,947 kWh/year for a Single Rate tariff, and 7,428 kWh/year for a Single Rate + Controlled Load tariff. These usage assumptions are based on the latest Typical Electricity Customers in Tasmania report released by the Office of the Tasmanian Economic Regulator. If the amount of electricity you actually use differs greatly from this estimate, your bill could be significantly larger or smaller than the charges listed for each plan. This kWh/year value excludes controlled load. However, the controlled load usage is taken into account in the annual cost calculations.

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