From 1 January 2017, solar feed-in tariffs for customers with small solar or wind generators are set by electricity retailers, based on a benchmark range from the NSW Independent Pricing and Regulatory Tribunal (IPART.) 2017/18 feed-in tariff benchmark range is 11.9 to 15.0 cents/kWh
Ausgrid has about 48,000 customers who participated in the NSW Solar Bonus Scheme, mostly gross metered customers, who should now consider whether to shift to a net metering arrangement.
Have separate meters for their solar system and their household load. Electricity generated by the solar system is fed into the grid, earning a feed-in tariff.
Systems allow electricity generated by solar panels to be used within the home first. This can reduce the amount and cost of electricity consumed from the grid. Customers can then export any excess solar generation to earn a feed-in tariff.
Customers should consider whether they may be better off under net metering arrangements now the Scheme has closed and the cost of consuming energy from the grid is greater than solar feed-in tariffs. It should be noted that changing from gross to net metering may involve some costs to the customer.