The Queensland Competition Authority (QCA) has published a draft solar feed-in tariff for customers in regional Queensland.
The draft feed-in tariff for 2023–24 is 12.952 cents per kilowatt hour (c/kWh).
QCA Chair Professor Flavio Menezes said this tariff is 39% higher than last year’s feed-in tariff of 9.300 c/kWh, mainly because of a projected increase in wholesale energy costs.
Professor Menezes noted it is likely the final feed-in tariff will differ from the draft tariff. The price estimate in the draft determination is indicative only, as it is based on information at the time. For the final determination, it will be based on updated data and feedback from stakeholders.
Consultation is an important part of the QCA’s assessment processes, and stakeholders are encouraged to provide feedback on the draft determination before 14 April 2023.
The final determination is expected to be published by 9 June 2023, and the feed-in tariff will apply from 1 July 2023.
The QCA has also released its draft determination for regulated retail electricity prices (notified prices) to apply from 1 July 2023. The draft determination forecasts higher electricity prices for customers in regional Queensland, primarily driven by the projected increase in wholesale energy costs.
The draft solar feed-in tariff report is available on the QCA website.
Media inquiries: Cole Lawson Communications, 07 3221 2220View project