ActewAGL Solar Buyback scheme
The domestic Solar Buyback scheme is ActewAGL's default scheme for our customers with grid-connected renewable energy systems, in which we buy back the renewable energy generated.
Please note that the ACT Electricity Feed-in Tariff scheme offers a premium payment in comparison to the Solar Buyback scheme. However, you will need to apply to participate in the feed-in tariff scheme.
Become an energy generator
Canberra households can use renewable energy to help reduce the emission of greenhouse gases, usually released through conventional electricity production methods.
ActewAGL's Solar Buyback scheme gives you credit for the solar energy that your system generates.
ActewAGL is working to encourage the use of renewable energy sources, offering support and advice to those interested in installing renewable energy generation systems to their homes.
Through the ActewAGL Solar Buyback scheme you can install a solar or wind system to your home, using the non-polluting energy that it generates and at the same time reduce the amount of electricity you draw from the grid for your household needs.
Of course, you should discuss any potential financial implications with your tax advisor before proceeding with installation of your renewable energy generator to determine whether payments received by you under the scheme are subject to income tax or GST, or if there are other implications for your circumstances.
How the scheme works
In the event the customer is a net exporter of energy over a billing period, then ActewAGL will purchase the net energy exported at the customer's energy tariff rate.
In billing periods when the customer is not a net exporter of energy, the customer will pay the published tariffs for the net amount of energy imported for their use from the electricity grid.
This scheme is only available to domestic customers of ActewAGL with less than 30 kilowatts installed capacity for renewable energy generation.
For safety reasons there are some technical standards that must be met. These are set by ActewAGL Electricity Networks and ACTPLA and can be reviewed in the Service Installation Rules (PDF, 1.1MB).
For more information call us on 13 14 93.