Electricity Providers SE QLD with Solar FIT

I am currently tidying up my outgoing in all areas to ease the cost of living pressures. Literally cutting to the bone whatever I can.

I am currently with Origin on their Solar plan with a 12/5 FIT on a 6.6kw system. Previously my usage was around 700-1000kWh monthly, exporting 300-600 monthly. I have been able to turn off an extra fridge and chest freezer, as well as some other high demand items, as well as purchasing a timer for the hot water system to only run during the day. I expect my usage to halve to 300-500 monthly.

I am currently looking at the following options:

  • Stay with Origin because of the high FIT, and my lowered consumption. But general usage cost is high at 32c
  • Ampol energy, due to low flat rate and moderate FIT of 5c
  • Energy Locals: High Fit of 10.7/6, but peak demand seems very high (39c)
  • Globird: Lots of hype around it being the cheapest, but it peak cost seemed high. FIT was 4c

From what I understand I am better off chasing lower fees than a higher FIT. Would this make Ampol my best option?

Poll Options

  • 4
    Energy Locals
  • 1
    Ampol
  • 1
    Other (not listed)
  • 0
    Origin Solar
  • 0
    Globird

Comments

  • +1

    700-1000kWh daily

    You might want to check those numbers or units, because there's no way your daily usage is this number or units :)

    • +1

      Ahh.. yep. I made a mistake. I meant monthly. Good catch!

    • Bet me to it on the comment. I use 700kWh a month.

  • From what I understand I am better off chasing lower fees than a higher FIT. Would this make Ampol my best option?

    100%. Go for lower rates (daily supply plus power cost) overall, don't go hunting for a higher FIT. The FIT is getting lower and lower.


    You also need to change your habits. Use what you can during the day when you are generating and not overnight when you are buying it back at 2x, 3x or 4x time the cost of what the FIT is.

    I try to always use my dishwasher, dryer and washing machine along with any other high usage items during the day when generating. I avoid it when and where possible to do it overnight.

    • Yes, this is my goal. I am actually a very low power user. But my dad was living with me until he passed away, and he used a lot of heavy load items around the clock.
      I think though, I might get low enough that if my FIT is high enough my bill might be under $150 per term. Because not only do I have less items in operation at night, but I am also exporting more because I am also using less during the day.
      I am literally only going to be running a fridge, laptop, modem and one light at night. And then while I'm sleeping just the fridge.
      The hot-water system and washing machine and minor appliance (fan, speaker, chargers) running during the day.
      Cooking is gas. I don't have air-con. I have a fire-place for heating.

  • +5

    I did a scrape of Energy Made Easy for QLD a few weeks ago and put it into an excel file. Populate with your consumption/production and it gives you comparison costs and ranks them. When I'm home late today I'll dig it up

    • +1

      That sounds amazing!

      • +1

        Minimal effort gone into the file as it was only planned for my use and I don't have time to tidy it up.

        Use the sheet "best to use". Populate yellow cells with your consumption, production and billing days data. It then calcs total costs across the various providers and their plans.

        Cells H2 to H6 are the lowest 5 costs. To find the lowest plan, I do a search for 1 in column "F" and the look for the hyperlinked above it.
        B2 to C6 is my current plan.
        A2 and A3 are notes for me to work on, when I find time.

        Yup, it's basic and awkward but did the job for me. No guarantee it is correct :-)

        Data was scraped on 9 Jan 2024

        https://mega.nz/file/a6xngaTY#jkCEJu2GngXsm-XKJcIFyrKA4OOL3g…

        • Has this been updated?

    • Nice work! if you could link it out it would be greatly appreciated

    • Plz send link

  • -3

    QLD is now run by a AG Husband tosser.

    Waiting for a suitable provider.

    Meanwhile we do get "nothing works anymore" subsidies…..

  • Thanks for the input everyone. I think I've decided on with Origin for 3 months to get the $150 signup bonus, and then switching to another provider later. By then I should have a run of how much power usage I use, so it will be easier to choose a provider that suits me (probably Energy locals or Ampol).

    • How did you go?

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