A final decision has been made by the Essential Services Commission on the minimum feed-in tariff rate paid to Victorian customers with solar panel installations in 2014.
The Commission has decided on 8 cents per kWh for the calendar year beginning on 1 January 2014 and ending on 31 December 2014.
This rate will not change from the existing 8 cents per kWh rate paid to all new customers from 1 January 2013.
The Essential Services Commission will review the rate for feed-in tariffs in Victoria and it will be updated annually until 2016.
I took an interest in the Australian energy sector close to ten years ago and since then have monitored the trends, technologies and direction of the Australian Energy Market. I was drawn to the Australian solar market in 2008 and since then have worked heavily in the field. I am partnered with national and international solar energy companies, from manufacturers of solar panel and inverter technology, online software developers that introduce tools to quote, monitor and manage solar power systems and media organisations who like myself, closely monitor the solar and renewable energy sector.