Solar Feed-In Tariff To Double In Victoria

Interesting news from Victoria where the feed-in tariff is being hiked.  Excerpt here:

More than 130,000 solar households in Victoria will benefit from a steep increase in their solar feed-in tariff in 2017/18, and will receive a minimum 11.3c/kWh for their exports back to the grid, up from 5c/kWh currently.

The hefty increase announced by the Essential Services Commission on Tuesday is the result of a big rise in wholesale prices, and the Victoria Labor government’s instruction to include an implicit carbon price, network benefits and environmental benefits into the tariff.

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