Rooftop solar feed-in tariff cuts keep coming, despite soaring power bills

Pressure is growing on solar households to focus more on self-consumption of the power generated on their rooftops as Victoria prepares to slash the state’s flat-rate feed-in tariffs by a further 8 per cent.

In a draft decision published this week, Victoria’s Essential Services Commission is proposing to set the minimum flat feed-in tariff that retailers can offer their solar customers to 4.8c/kWh in 2023-24.

This eight per cent cut, year on year, to the state’s minimum flat-rate tariff follows the 22 per cent cut to the 2021-22 FiT, from 6.7c/kWh to 5.2c/kWh, that kicked in July…