Your solar feed-in tariff is calculated differently depending on which state you live in. Some states use a net metering system while others will use a gross metering system.
Net metering
The electricity that's generated by your solar panels is used first in your home. Any excess electricity to what you use in your home is fed into the grid. You receive a feed–in tariff per kWh for the electricity fed into the grid.
Gross metering
All the electricity you generate is fed into the grid and you receive a feed–in tariff per kWh for that electricity. Your electricity usage in the home is not reduced by the solar electricity your system generates.
Your potential solar earnings are calculated according to whether your solar PV system is a net or gross metering system.
Powerdirect offers eligible customers a retailer feed-in tariff of 9.5 cents per kilowatt hour (feed-in tariffs not subject to GST for residential customers).
In Queensland, your potential earnings for electricity fed into the grid are calculated using the net metering system.
What you could potentially earn
To find out more about the Queensland government Solar Bonus Scheme including the recent changes under the scheme, visit Clean Energy.
Powerdirect offers eligible customers a retailer feed-in tariff of 8.0 cents per kilowatt hour (feed-in tariffs not subject to GST for residential customers).
In South Australia, solar feed-in tariffs are calculated using the net metering system.
Powerdirect offers eligible customers a retailer feed-in tariff of 12.4 cents per kilowatt hour (feed-in tariffs not subject to GST for residential customers).
You may be eligible for a higher feed-in tariff under the South Australia solar feed-in scheme. For more information refer to the South Australian government's solar feed-in payments.
In Victoria, solar feed-in tariffs are calculated using the net metering system.
Powerdirect offers eligible customers a retailer feed-in tariff of 10.2 cents per kilowatt hour (feed-in tariffs not subject to GST for residential customers).
You may be eligible for a higher feed-in tariff under one of the Victorian government solar feed-in tariff schemes.
Powerdirect feed-in tariff terms
Powerdirect Victorian Electricity Generation Feed-in Terms
Refer to the Victorian Government for more information.
The recipient and the supplier declare that this agreement applies to supplies of feed in electricity to the grid from the customer to Powerdirect. The recipient can issue tax invoices in respect of these supplies. The supplier will not issue tax invoices in respect of these supplies. The supplier acknowledges that it is registered for GST and that it will notify the recipient if it ceases to be registered. The recipient acknowledges that it is registered for GST and that it will notify the supplier if it ceases to be registered for GST. Acceptance of this Recipient Created Tax Invoice constitutes acceptance of the terms of this written agreement. Both parties to this supply agree that they are parties to a Recipient Created Tax Invoice Agreement. The supplier agrees to notify the recipient if the supplier does not wish to accept the proposed agreement within 21 days of receiving this document.
