The upgrade bonanza: NSW PV Retailers start targeting Solar Bonus Scheme customers for system upgrades
It won't come as much news that NSW PV retailers are eagerly awaiting a mini-boom come 1/1/2017. That's the date when 150,000 customers under the Solar Bonus Scheme lose their 60c/kWh gross feed-in tariff, and instead receive 10 times less value for their excess solar power. The first, most sensible option for these customers is to switch their metering across from gross metering to net metering, so that the solar power they self-consume during the day at least offsets their daytime tariff of 20-52c/kWh. But these households, most of whom have been receiving a cheque from their electricity providers are in for the worst bill shock they've ever experienced. And while they couldn't upgrade their PV system without forfeiting their generous 60c/kWh feed-in tariff, when the SBS program ends on 1/1/2017 they will also be unshackled from upgrading.