Peter,
Firstly let me declare I have a small Solar panel installation (4.1 kw and pay 65c peak and receive 9.5c selling).
But I don't think John was critical of your solar panels just the rate of the power sell back being offered.
Probably because it was 60c for a few years back at the start up. That was a burden on retailers because Coal burning Power Stations could produce it a lot cheaper then. So it was a sort of subsidised incentive to install.
But 9.5c is comparable to production (I used to work at power station) and is not being subsidised by other users. IMHO
Interestingly solar rates reduced today because excess solar production has REDUCED the wholesale electricity price.
Quote:
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Originally Posted by Energy Aust
Why is your solar decreasing?
As many households now have solar, there's more solar-generated energy going back into the grid. This has reduced the wholesale price of energy going back into the grid during the day when the sun is out.
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