NSW regulator nearly doubles rooftop solar tariff as coal and gas prices soar – One Step Off The Grid

New South Wales solar households can expect to see an almost doubling of some feed-in tariffs offered by retailers in the state, after the pricing regulator raised its guidance for rooftop solar exports to between 6.2-10.4c/kWh.

The key difference is that while it has been the increased amount of cheap renewable generation coming onto Australian grids that has driven down wholesale power prices in the recent past, it is the existing fossil fuel fleet that is now driving them up.

“Sky-high coal and gas prices alongside rolling breakdowns at fossil fuel power stations are causing Australia’s energy crisis. The only price relief right now is coming from rooftop solar,” said Solar Citizens deputy director, Stephanie Gray.

NSW regulator nearly doubles rooftop solar tariff as coal and gas prices soar – One Step Off The Grid