After years of cuts, Victorians with solar panels will see an increase in what they are paid for the energy they feed into the power grid.
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| Victorian households with solar panels will receive more for the power they feed into the grid. |
State regulator the Essential Services Commission announced the minimum tariff for excess electricity generated by households would more than double from 5 to 11.3¢ per kilowatt hour.
The rise, which takes effect from July 1, was said to reflect both the rise in wholesale power prices and the environmental and social value of clean energy.
It follows a series of reductions in solar feed-in-tariffs across the country as installation rates dwarfed expectations and the price of panels fell markedly.
Read Adam Morton’s story in the Melbourne Age - “Solar tariff for Victorian households with panels to more than double
