Our current solar Feed-in Tariff (FiT)

Eligible customers can receive a solar FiT on any of our electricity plans. Lumo currently offers the following FiT to customers:

South Australia All Market Offers: 4.5 cents/kWh
 Standing Offer: 3 cents/kWh
 
Victoria Market Offers:
 Lumo Plus: 4.9 cents/kWh
 Victorian Default Offer: 3.3 cents/kWh

Solar FiT includes GST (where applicable). If you receive a Government FiT, any additional FiT offered by Lumo may vary from those specified above, see ‘Government rebates and schemes’ below or contact us for details.

Solar Feed-in Tariff (FiT) Eligibility

If you are a solar customer and have signed up to one of our residential or business plans, then to be eligible to receive your FiT for excess electricity exported to the grid:

  • Your solar panel system must be net metered and:
    • if you are in South Australia, 10kVA or less for a single phase connection or 30kVA or less for a three phase connection; or
    • if you are in Victoria, less than 100kW; and
  • We have received confirmation from your electricity distributor that your solar panel system has been connected to the distribution system.

What is a Feed-in Tariff (FiT)?

A FiT is a credit that solar customers receive for excess electricity that their solar panel system generates and exports to the power grid. A solar FiT is credited per kilowatt hour (kWh) of electricity that is exported to the grid, and appears as a credit on your electricity bill.

Changes to solar Feed-in Tariff (FiT)

Our solar FiT is subject to change. We will send you a written notice of any rate change before it affects you.

There are a number of factors taken into consideration for the change to your solar FiT including actual and projected wholesale costs. We may also change your solar FiT to align with the recommended benchmark and minimum FiTs set by independent bodies and Government regulators.

Government rebates and schemes

There are a number of past solar schemes which offer eligible customers a higher solar buy back rate. These schemes often operate in addition to the ‘retailer’ FiT offered by Lumo and contain strict eligibility criteria set by the relevant state government. For further details and to find out if you’re eligible click on the links below:

State Solar Scheme
South AustraliaDistributor Feed-in Tariff
VictoriaPremium Feed-in Tariff

If you have a FiT with your existing retailer that we are required to carry-over we will do so.

Talk to us about how our offer compares

We strive to offer competitive rates backed up by award winning customer service. If you’d like to discuss how our offers compare to others, give us a call on 1300 115 866 or write to us.