Currently in Queensland with the net feed in tariff you receive $0.44 per kWh you feed back to the grid, this is a great initiative from the Queensland Government, as the government actually pays your retailer the higher rate for the solar electricity.
But what about the electricity retailers? Do they actually support your investment in solar power? Most of the energy retailers offer energy from renewable sources for you to buy at a higher rate, but won’t actually put their money where their mouth is and reward you for your renewable energy. AGL and Origin are the only retailers currently that reward your solar power production more than the Queensland Government feed in tariff, they will actually pay you extra on top of the government rebate, so you can sell your surplus electricity for more than $0.44 per kWh. Hopefully the other energy retailers rise to this standard that AGL and Origin have set.
AGL are currently paying $0.52 per kWh for your surplus solar electricity.
Origin are currently paying $0.50 per kWh for your surplus solar electricity
