Momentum's Victorian retailer solar feed-in tariff
The Victorian solar feed-in tariff is changing. From 1 July 2017, Momentum will offer a retailer solar feed-in tariff (FiT) of 11.3 cents for every additional kilowatt (kWh) our eligible solar customers feed back into the National Electricity Market (NEM) grid.
I am a current solar customer, what does this mean for me?
From 1 July 2017, Momentum's new retailer FiT will be 11.3c/kWh. If you're on our retailer solar FiT, you will see a credit on your next bill of 11.3 cents for every kilowatt you feed back into the electricity grid after that date.
Are Premium Feed-in Tariff customers affected?
The Premium Feed-in Tariff (PFIT) started in late 2009 and closed to new applicants at the end of 2011. Our PFIT customers are not affected by the change to Momentum's retailer solar feed-in. Unless they become ineligible for the scheme, they will continue to receive their premium rate until the scheme ceases - which is due to occur in 2024.
Where can I get more information?
Please don't hesitate to contact our Australian-based Customer Care team on 1300 662 778 weekdays between 8am and 6pm (AEST) if you have any questions.