Re,
...so we can accommodate more and more renewables.
Oooooh Dear ...This must hurt a lot ...
Maybe they should follow Albos advice and use more Solar to charge their EV's at night...
The minimum feed-in tariff electricity retailers must pay households for the rooftop solar power they send to the grid in Victoria has been slashed by 32 per cent, from 4.9 cents per kilowatt-hour to just 3.3c/kWh. The new all-time low for the state’s fixed rate solar FiT – flagged by Victoria’s Essential Service Commission in November last year and locked in by the ESC this week – will come into play in July of this year...
...47 per cent lower than the corresponding rates for 2023-24.
But it then goes on to note that submissions from cranky solar customers “did not include alternative methodologies or facts” to change its mind...
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