Three things to do before 31 December 2016

Scheme customers should do three things before the end of the year:

SBS metering fact sheet thumbnail1. Identify the type of meter you currently have

You should check your electricity bill or talk to your electricity retailer about current metering arrangements. Visit the FAQs about the Solar Bonus Scheme Closure web page and download the Metering information fact sheet PDF (1.5 MB PDF) to learn more about metering.

2. Decide on the best option for you

Depending on the type of meter you have, you may choose to keep your existing meter or decide to change your meter. You may also want to consider new technologies that are available.

If you decide to change the meter, you will need to arrange for the meter to be installed as soon as practicable. Contact your electricity retailer to arrange this.

You can switch from a gross meter to a net meter (and vice versa) at any time. This change will not have an impact on the tariff rate that you received.

Some retailers may offer to install a smart meter that can continue acting as a gross meter and then be remotely changed over to a net meter on 31 December 2016. Look around to find what competing retailers have to offer.

3. Identify the most cost effective retail offer for you

Now is a good time for you to investigate your metering and other product options to make sure you get the most out of your renewable energy system when the Scheme ends, and to shop around to see what competing retailers have to offer. Refer to Energy retailers web page for contact information.

Key questions to ask electricity retailers

Now is a good time for Solar Bonus Scheme customers to investigate your metering and other product options to make sure you will be getting the most out of your renewable energy system when the Scheme ends. It’s advisable you look around to see what competing retailers have to offer.

Here are some of the key questions you should ask when contacting retailers:

  • What feed-in tariff are you offering after 31 December 2016?
  • What pricing bundle or product best suits me?
  • Are there any upfront costs associated with either my meter or the installation? If so, what are they?
  • If I choose to get a smart meter:
    • Are there any exit fees if I move to another electricity retailer?
    • Can I access my energy information in near-real time? If so, will that cost me any extra?
    • What energy information will I have access to?
    • Is this a lock- in contract?
    • Will I retain my gross feed in until 31 December 2016?
  • What happens if I don’t change my meter?

With this information at hand you’ll be in a better position to compare the different retailer offers to help you get the best result for your needs.

Solar customers that are not part of the Scheme and do not receive the subsidised feed in tariff are unlikely to require any change to their metering. In most cases they will already have net metering arrangement in place.