The Feed in Tariff’s are set to change as of 1 July 2018 in Victoria. This is a credit paid to small renewable energy generation facilities which use fuel sources such as wind, solar, hydro or biomass.
Importantly, a price of 29 cents per kilowatt hour is being targeted to apply at peak times from 3 PM-9 PM. This is currently well above the 11.3 cents per kilowatt hour currently on offer.