Mixed Greens: IPART lifts 'fair value' of solar PV
The NSW pricing regulator IPART has raised what it considers to be the “fair value” of solar electricity exported from rooftop installations back into the grid, but has fallen sort of industry claims it should be on a 1:1 basis. IPART says its new range for 2012/13 is 7.7c-12.9c/kWh. This is higher than the 5.2c-10.3c/kWh range for 2011/12, mostly because of the introduction of the carbon price and its impact on wholesale prices. The fair value range is merely a guide for consumers, and energy retailers are not required to pay that sum. Most offer around 6c/kWh as a voluntary payment. Some offer nothing, although all will be required to publish their offerings on a web set so that customers can shop around.
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