❓ Hon Paul Llewellyn questions Synergy's pricing for small-scale solar power, its calculation, and potential extension to larger systems. Hon Kim Chance responds, outlining the buyback scheme and its limitations.
AnsweredQoN 157Legislative Council
QuestionView source ↗
SOLAR POWER
The licensing regulations under the Electricity Industry Act 2004 oblige retailers to purchase power produced from small-scale photovoltaic sources at a fair market price. (1) What price does Synergy pay small producers of solar power in cents per kilowatt hour? (2) How is that price determined? (3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE
The licensing regulations under the Electricity Industry Act 2004 oblige retailers to purchase power produced from small-scale photovoltaic sources at a fair market price. (1) What price does Synergy pay small producers of solar power in cents per kilowatt hour? (2) How is that price determined? (3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE
AnswerView source ↗
I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(1) What price does Synergy pay small producers of solar power in cents per kilowatt hour? (2) How is that price determined? (3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(2) How is that price determined? (3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(1) What price does Synergy pay small producers of solar power in cents per kilowatt hour? (2) How is that price determined? (3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(2) How is that price determined? (3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(3) What explicit calculation is used to establish the market price for solar power in relation to its potential for peak load shaving during summer electricity spikes? (4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(4) What documentation is available on this pricing mechanism? (5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(5) Will the minister please table any relevant documentation? (6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(6) If not, why not? (7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(7) Will the minister extend the licensing conditions to larger-scale photovoltaic systems? (8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(8) If not, why not? Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
Hon KIM CHANCE replied: I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
I thank Hon Paul Llewellyn for his very interesting question. (1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(1) Synergy purchases photovoltaic energy through the renewable energy buyback scheme. This enables the purchase of up to five kilowatts of energy. Synergy pays the applicable retail tariff price. For residential consumers, this is either the flat A1 tariff, which is 12.67c a kilowatt hour, GST exclusive, or the applicable time-of-use dependent SmartPower tariff, GST exclusive. (2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(2) The price is based on the applicable tariff. (3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(3) The SmartPower tariff structure is designed to approximate the cost of supplying electricity at different times of the day. (4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(4) Information on Synergy tariffs and the renewable energy buyback scheme is available on the Synergy web site: www.synergyenergy.com.au. (5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(5)-(6) Not applicable. (7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(7) There are no plans to extend the renewable energy buyback scheme at present. (8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
(8) The renewable energy buyback scheme was developed to provide a simple mechanism for small-scale renewable energy generators to sell excess electricity. Larger renewable energy generators have a range of mechanisms available for selling electricity, including participation in the wholesale energy market and selling to electricity retailers.
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