Victoria, Power Tarrifs and how to work out whats best for you

[admin]

I thought I would make a thread on this so people can see what my scenario was before during and after

At the moment :

Currently with Origin Energy on their "standing offer" which is 27.01 cents per kWh anytime. I am ####ed if I know what my supply charge is...its not stated on my bill and I cant find it on their website. I am guessing 110.00 cents per day.

As most would probably have seen from my other thread, I have recently had an 8kw solar system installed. My distribution company, United Energy, recently found someone smart enough to remotely press a button to allow the meter to record exports.

Previously, I have been spending up to $1000 a quarter on power. My aim is to get my electricity bill to zero. Solar cost me 12k, thats 3 years worth of electricity bills.

I am at the moment looking for the best deal to suit.......as I have a smart meter I can take advantage of TOU (Time Of Use) metering and change to a plan where I am paying a low amount for off peak power. Due to solar , most of my use is Off Peak but I also still have the Peak period of when the sun goes down till 11 PM where I will still paying peak.

The standard FIT (Feed In Tariff) in Victoria for Solar is 8 cents per kWh. There are a small number of retailers offering 10 cents a kWh, but I have to look at their other rates and how much their daily supply charge is.

After todays search, I *think that these will be the cheapest. There are many retailers offering large discounts such as 20% off your end bill, but I think I will just stick to looking at actual rates.

Powershop has Peak 25.62, Off Peak 11.74 and Daily Supply Charge of 82.79 cents. I have heard they also pay 10 cents FIT. If this is correct, it should give my bill a good shake up.

[mutanti]

Double Post

[mutanti]

Here is Mine . Just switched
Red Energy...

[pheggie]

A lady from Cerberus a friend reports got a 3000KW panel installed recently and she pays something like 28c/KW to her provider and gets 8 cents back for each KW she generates so it's impossible for her to get a zero bill i think.

[admin]

A lady from Cerberus a friend reports got a 3000KW panel installed recently and she pays something like 28c/KW to her provider and gets 8 cents back for each KW she generates so it's impossible for her to get a zero bill i think.

She wouldnt be able to get a zero bill with a 3kw system. Its only due to the size of mine that I can try and that will be over a full year period.

Why does she pay money to her provider ??

[allover]

Note in the Herald Sun, Melb page 7 they state "unlike other states which have abolished a regulated minimum feed-in tariff, this arrangement ($0.08) provides a fair return for the power generated, continues to give house holders incentive to go solar" Vic Energy Minister Russel Northe
My question is have other states stop giving feed-in tariffs?

[admin]

Not that I know of allover.

I have a section in my power providers online energy login that allows me to compare retailers. In Vic, there is a set provider for your area and a choice of retailers.

I have entered the details of my new plan (I have gone with Powershop) and based on the last 12 months, I would have saved $763. Not bad at all.

Basically I will have 8 hours a day in which I generate power and dont buy any, 9 hours at off peak rate of 11.74 kWh and maybe 7-8 at peak rate of 25.62 kWh. I have a generation average of 30 kwh's a day with this 8kw system.

At the moment due to the season :

9am to 5pm - I have no power consumption use and am using what I generate.
5pm to 11pm - I am buying power at peak rates - around 8 kwh's at around $2
11pm to 8-9am - I am buying power at off peak rates - around 3 kwh's at around 33 cents

So I have daily power use at lets say at most $2.50. I generate on average 30kWh's a day and get paid 10 cents per kwh, so $3.00 credit there. So I am 50 cents in front.

However I also have a supply charge of 82 cents a day, so its costing me roughly 30 cents a day.

If I produce more than the yearly average ( an extra 3 kWh's a day ) my bill will be zero. My Jinko panels are rated to be exactly as stated or up to 3% over, so I should manage my zero bill goal

Hope that helps someone out there

[admin]

I switched over to Powershop and am waiting for it to go through (they have to wait 10 days cooling off before submitting it).

Today I got a call from my current supplier Origin asking me to confirm that I wanted to go to Powershop. They then told me if I stayed, they would better their prices and offered me a whopping 26% off my power bill if I stayed with them.

As they have been happy to take my money in the past and not offer the disscount it I said no thanks.

I would encourage anyone who can change companies does so to see what they get offered to stay. There are obviously some big savings.

[admin]

Finally left Origin. They farked up my final bill.....what a mess, they only credited me for 300 odd kWhs. Funny thing is they credited them to me @66 cents for some reason so I wont bother chasing up getting the bill fixed