Energy Solar Feed-in Tariffs

Our current solar Feed-in Tariffs

Eligible customers can receive a solar Feed-in Tariff (FiT) on any of our residential electricity plans. Lumo currently offers the following FiT to customers:

South Australia		3 cents per kilowatt hour
Victoria		6.7 cents per kilowatt hour

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 Eligibility

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

• Your solar 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 distributor that your solar 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 system generates and sends back to the power grid. Solar FiTs are credited per kilowatt hour (kWh), and appear on electricity bills as a credit.

Changes to solar Feed-in Tariff

If your solar FiT changes, we’ll let you know before it happens.

The reasons for the change to your solar FiT will differ as a number of factors can impact solar FiT pricing, including actual and projected wholesale costs.

You may receive notice that your solar rates have decreased. This could be because we’ve reduced your FiT when wholesale costs go down. The reason for this could be that a reduction in wholesale costs has meant that the value of the solar you’ve generated also decreased. From time to time 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. For further details and to find out if you’re eligible click on the links below:

State	Solar Scheme
South Australia	Distributor Feed-in Tariff
Victoria	Premium 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.