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GoSwitch FiT Mapping helps you compare offers from leading Australian energy retailers so you can choose the best energy plan for your home or business. If you’re considering solar or already have an established solar system, mapping FiTs is a smart way to get fair compensation for your investment and maximize your returns.
Feed-In Tariff Mapping by State
Are you wanting the best feed-in tariff rate for your household or business solar energy system? GoSwitch makes the search easy with highly competitive tariffs all in one place. FiT mapping lets you compare feed-in tariffs according to Australian states and energy retailers so you can get the best available deal.
FiTs vary depending on your state or territory and your energy retailer. The tariffs are subject to change in Australia’s deregulated energy market.
What is a Feed-in Tariff (FiT)?
Australians who generate their own solar electricity can export their excess electricity, receiving a payment (or billing discount) in return for their power. A FiT is the rate paid for surplus electricity exported to the grid. FiTs are usually paid in cents per kilowatt hour (kWh). Feed-in tariffs help offset electricity prices while also providing a small income stream. There are two types of FiTs:
Net FiT: Tariffs paid for excess electricity after your own usage.
Gross FiT: Tariffs for all electricity generated, regardless of consumption.
Why FiT Mapping Matters
Why Feed-In Tariff Rates Vary Across Australia
A wide range of factors influence the price of solar feed-in tariffs, including:
Wholesale Electricity Prices: States with lower wholesale electricity prices usually have lower feed-in tariffs. Some retailers don’t make as much from selling your exported solar power, so they pass on less value to you.
Regulatory Differences: Some states, like Victoria, have government-mandated minimum feed-in tariffs. Other states like NSW, Queensland, and South Australia leave FiT pricing up to local energy retailers, leading to bigger price variations across the market.
Market Supply and Demand: In areas packed with rooftop solar, there can be an abundance of electricity flowing into the grid during the day. This can push down the price of solar exports and the feed-in tariff rates offered to households.
Network and Infrastructure Costs: Moving electricity across long distances in Australia comes at a cost. Regional and remote areas might see higher or lower feed-in tariffs depending on costs associated with maintaining the local grid.
The energy retailer solar marketplace
In most Australian states, feed-in tariffs aren’t regulated by the government, allowing competitive electricity retailers to set their own rates in the solar marketplace. Some retailers include bundled offers with higher feed-in rates, but it’s worth comparing the total cost of competitive household and business energy plans without focusing solely on the feed-in rate. Competition for customers is generally strongest in urban areas with lots of competing electricity retailers, leading to better feed-in rates. In rural areas where retailer options are limited, the rates can be lower.
What are Dynamic Tables for FiT Tariff Mapping?
FiT Dynamic Tables are flexible, data-driven models used to compare different FiT schemes across Victoria, NSW, Queensland, and other Australian states and territories. Dynamic tables can include:
State-by-State Tariff Data: Australia doesn’t have a national FiT scheme. Dynamic tables track variations across Australian states.
System Performance Metrics: These include solar PV output, energy consumption, and grid export rates.
Economic Indicators: Helps you factor in installation costs, retail electricity prices, and government incentives.
Pro Tip: Higher FiT rates aren’t always better. Sometimes, energy providers with better FiTs also charge higher electricity prices. When shopping for the right deal, make sure to compare retailer energy prices along with FiTs to ensure you get the best deal.
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FiT Mapping FAQs
What are the current FiT rates in Australia?
There is no average feed-in tariff in Australia as every provider offers a different set of rates. Comparing rates with GoSwitch Dynamic Tables helps you find the best available rates in real time.
Are FiT rates regulated?
Some Australian states have regulated mandatory minimum FiTs, though these vary based on your energy provider and location, and are frequently reviewed.
How do I compare Feed-In Tariff rates?
The best way to compare feed-in tariff rates is with GoSwitch, Australia’s trusted energy price comparison service. We showcase highly competitive deals altogether in one place.
Can I get feed-in tariffs if I have a battery connected to my solar system?
Absolutely. If your home generates more power than it can use or store, and your retailer has a FiT scheme, you can get paid for the excess energy sold back to the grid. Batteries help you store solar electricity for personal usage, shrinking your electricity bills by reducing the amount of power you need to purchase.
Are all solar feed-in tariffs the same?
Solar feed-in tariffs can vary considerably between energy retailers and across different regions of Australia. Factors that affect how much you’re paid for your excess solar include your electricity provider, your state or territory, and the time of day your solar system exports power.
What is the easiest way to compare feed-in tariffs?
GoSwitch uses Dynamic Mapping to compare feed-in tariffs by state and electricity retailer, all on the one page.
How can I find an electricity plan that suits my budget and lifestyle?
That’s easy. Use the powerful GoSwitch energy retailer price comparison search engine. Results are displayed in real-time and you can fine-tune your energy plan with the assistance of a GoSwitch energy expert, 100% free.