Effective Measures to Maximise Your Feed-In Tariffs     

When you’re looking to keep your household bills low, choosing the ideal feed-in tariff is crucial. Victoria has one of Australia’s most competitive energy markets, making it perfect to sell your surplus energy back to the primary grid.

If you’re thinking of or already have a solar energy system installed in your home, choosing a feed-in tariff is necessary to ensure no energy produced goes to waste. Before deciding which feed in tariff Victoria you should be opting for, consider the following to help you make an informed decision. 

Choosing the Ideal Provider

When you’re looking for an ideal provider in Victoria to buy back your surplus energy, you need to consider the following factors.

• Terms and Conditions: Some retailers may need you to buy solar panels only from them so you can be eligible for their feed-in tariff (FIT). Ensure you’re reading the fine print carefully to not miss out on anything important.
• Support Services: When you’re looking for the ideal provider, they must have customer support available so you can get the most from your solar system and ask any questions.
• Additional Rates: You should look for the providers’ usage and supply charges. Many providers provide high FIT credit but compensate for it by delivering equally high charges.

These aspects can ensure you’re not making any mistakes when it comes to maximising your FIT.

Opting for Time-Varying Feed-In Tariffs

Time-varying FiTs ensure that you’re selling your surplus energy back into the grid only when high rates. How many credits you get from surplus energy in this type of FiT depends solely on when the electricity is being exported back to the grid.

When you export energy during peak hours, you will receive a higher number of credits than exporting it during off-peak or shoulder periods. You have to know the peak hours and how many extra credits you will be getting to ensure you’re maximising the benefit from this option.

Investing in Solar Batteries

Solar batteries enable you to store the surplus energy produced in your household and supply it whenever you want. It can ensure that you’re only exporting the surplus energy during peak hours or when the rates are high.

Getting a solar battery can be significant for your feed in tariff in Victoria to be beneficial for you. However, it is a considerable investment, so you should ensure that the advantages outweigh the disadvantages of buying a solar battery.

Ensuring Your Solar Panels are Placed Optimally

To ensure your household is making as much solar energy as possible, you need to ascertain that your solar panels are placed in an area that receives the most sunlight. It can make a notable difference in the output of your solar panels. 

You can begin by placing your solar panels in different areas and checking how much surplus energy is produced. Find the area that produces the most surplus energy so you’re getting as many credits as you can. 

Choose the Perfect Provider to Make the Most of Your Feed-In Tariff

Choosing the right provider in Victoria and planning for your needs is crucial so you can make the most of your FiT. If you are unwilling to spend the time or effort manually going through all providers, you can find online energy comparison services that do all the work for you.

Ensure that you’re filtering out any providers that are not ideal for you and considering these aspects before choosing a FiT.