{"id":82872,"date":"2014-09-26T20:01:14","date_gmt":"2014-09-26T10:01:14","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=82872"},"modified":"2020-08-25T16:03:14","modified_gmt":"2020-08-25T06:03:14","slug":"solar-tariff-to-drop-oct-1","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2014\/09\/26\/solar-tariff-to-drop-oct-1\/","title":{"rendered":"Solar Tariff To Drop Oct 1"},"content":{"rendered":"<p><strong>September 26, 2014<\/strong><\/p>\n<p>The Queensland Competition Authority (QCA) has reminded customers in regional Queensland that the 9.07 cents\/kWh solar feed-in tariff paid by Ergon Retail will soon be reduced to 6.53 cents to align with the lower value of wholesale energy after the repeal of the carbon tax.<\/p>\n<p>\u201cRepealing the carbon tax in July this year cut the cost of wholesale energy and therefore the value of the electricity imported into the grid from domestic solar panels,&#8221; QCA chairman Malcolm Roberts said.<\/p>\n<p>\u201cIn May, the QCA released a report indicating that repeal of the carbon tax would reduce the value of energy from solar panels from 9.07 cents\/kWh to 6.53 cents.<\/p>\n<p>&#8220;After the carbon tax was repealed, the QCA confirmed the switch to the lower price in a gazette notice on August 11.<\/p>\n<p>\u201cThe QCA understands that Ergon Retail intends to apply the new rate from October 1.<\/p>\n<p>\u201cFor the QCA, the basic principle is that a fair and reasonable feed-in tariff should be equal to the real value of the electricity sold back to the grid.<\/p>\n<p>&#8220;Retailers avoid some costs by on-selling electricity from solar panels to other customers. The most significant avoided cost is the cost of buying wholesale electricity.<\/p>\n<p>\u201cA fair and reasonable feed-in tariff is equal to these avoided costs. Setting the feed-in tariff rate below this level would disadvantage customers with solar panels; setting the rate above this level would just increase electricity costs for other customers.&#8221;<\/p>\n<p>NB. The change to the 9.07 cent feed-in tariff will not affect customers receiving the 44 cents solar bonus feed-in tariff. Eligible customers for the solar bonus scheme will continue to receive 44 cents\/kWh.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Queensland Competition Authority (QCA) has reminded customers in regional Queensland that the 9.07 cents\/kWh solar feed-in tariff paid by Ergon Retail will soon be reduced to 6.53 cents to align with the lower value of wholesale energy after the repeal of the carbon tax.<\/p>\n","protected":false},"author":20,"featured_media":210022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[32],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solar Tariff To Drop Oct 1 - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2014\/09\/26\/solar-tariff-to-drop-oct-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar Tariff To Drop Oct 1 - 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