Best Solar Plans 

Looking for the best solar plan for your home or business? Compare plans online here with Savvy to find one that’s just right for your needs.

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, updated on August 11th, 2023       

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Solar energy offers a sustainable and renewable solution that not only helps reduce your carbon footprint, but also provides long-term cost savings. To make the most of solar energy, it's essential to explore the best solar plans available. With the increasing popularity of solar energy, it's crucial to explore the best options available to maximize your solar investment and enjoy the long-term financial benefits of investing in solar panels.  

Savvy's comparison service helps you to compare a wide range of solar plans from reputable energy providers, ensuring you have access to the latest information and competitive offers. From residential to commercial solar electricity plans, Savvy provides a user-friendly 100% free service that allows you to compare energy plans quickly and easily. Let Savvy guide you towards a brighter and greener future. Explore and compare solar plans with us here today!   

How do I compare solar electricity plans?

When comparing solar electricity plans, it's essential to consider various factors to ensure you're making an informed decision. Here are some key elements to compare when using Savvy's online comparison service:

Reference price and percentage: The reference price, set by the Australian Government, serves as a benchmark for electricity costs in your area. Compare the advertised price of each plan to the reference price, which is expressed as a percentage. A higher percentage indicates a better: The usage rate is the price you pay for the electricity you consume from the grid. Some retailers offer different rates for different blocks of power usage or various tariff options. Take note of time-of-use tariffs, which vary depending on the time of day or day of the week.

Daily supply charge: The daily supply charge covers the cost of being connected to the grid and is charged regardless of your usage.

Fees: Be aware of any additional fees that may apply, such as connection fees, disconnection fees, early exit fees, late payment fees, or fees for paper bills.

Contract terms: Consider whether the plan has a fixed-term contract or is ongoing. Fixed-term contracts may lock you in for a specific period, while ongoing contracts more provide flexibility.

Discounts: Check for any available discounts, such as bundle discounts for combining electricity and gas plans or pay-on-time discounts.

Green energy options: Some plans offer green energy alternatives, including carbon-neutral plans, carbon offset options, or GreenPower options. These options support the use of renewable energy sources and contribute to reducing your carbon footprint.

By comparing these factors side-by-side, you can identify the solar electricity plan that best suits your needs and preferences while considering affordability, sustainability, and contractual terms. Savvy's comparison service simplifies the process, allowing you to make an informed decision confidently.

What is a feed-in tariff and why are they important?

A feed-in tariff (FiT) is a government incentive program that allows households and businesses with solar power systems to earn credits or payments for the excess electricity they generate and feed back into the electricity grid. Here's why feed-in tariffs are important: 

  • Financial benefits: Feed-in tariffs offer a guaranteed payment for the electricity generated by solar panels or other renewable energy systems. This provides an additional source of income for system owners, offsetting their electricity bills and potentially generating revenue.
  • Promoting renewable energy: By offering attractive rates for renewable energy generation, feed-in tariffs stimulate the installation of solar panels and other clean energy technologies. This helps reduce reliance on fossil fuels and contributes to the transition to a low-carbon economy.
  • Grid stability and energy security: Feed-in tariffs encourage distributed energy generation, diversifying the energy mix and reducing strain on the traditional electricity grid. This contributes to grid stability and enhances energy security by promoting decentralised power generation.
  • Economic growth and job creation: The implementation of feed-in tariffs fosters the growth of the renewable energy industry, creating jobs and driving economic development. It stimulates investment in solar infrastructure, manufacturing, installation, and maintenance, leading to employment opportunities in the green energy sector.
  • Environmental benefits: Feed-in tariffs help reduce greenhouse gas emissions by encouraging the development of clean and renewable energy. By supporting the adoption of solar power and other sustainable energy sources, feed-in tariffs contribute to mitigating climate change and protecting the environment.

Feed-in tariffs are an important policy tool that promotes renewable energy adoption, offers financial incentives, enhances grid stability, drives economic growth, and contributes to a sustainable future. Understanding the role of feed-in tariffs is crucial when considering solar electricity plans, as they can significantly impact the financial viability and overall benefits of installing solar panels. 

How do I switch to a better solar plan through Savvy?

Switching to a better solar plan is a straightforward process that can help you save money and maximise the benefits of solar energy. Here's a step-by-step guide to switching to a better solar plan: 

  • Look at your current plan: Start by looking at your current solar plan. Review the terms, conditions, and pricing structure so you’re familiar with your existing terms. This will make it easier to compare other plans.
  • Provide your details: Complete Savvy's online form by providing relevant details such as your location, solar system capacity, and energy consumption.
  • Compare plans: Based on this information, you'll receive a range of solar plans available in your area. Compare their features, prices, feed-in tariffs, and contract terms.
  • Choose the best plan and switch: Once you've identified the best solar plan for your requirements, select it to make the switch. Provide your details to your new solar electricity provider, including your current energy account number and system information. The new provider will handle the switching process for you.
  • Monitor and enjoy the benefits: After switching to the better solar plan you’ve found, monitor your electricity usage and solar generation to ensure everything is functioning as expected. Then sit back and enjoy the benefits of your solar plan including lower electricity bills.

Remember, before switching to a better solar plan, it's essential to consider factors such as the contract terms, pricing and benefits offered. By taking the time to compare solar plans through Savvy, you can switch to a new solar plan that suits your needs and saves you money.  

Types of energy plan

Why compare energy plans with Savvy?

More of your questions about the best solar plans

How does a solar electricity plan differ from a regular electricity plan?

A solar electricity plan differs from a regular electricity plan primarily in terms of the solar feed-in tariff. With a solar electricity plan, you generate your own electricity using solar panels. The surplus electricity produced can be fed back into the grid, and in return, you receive a feed-in tariff. This means that you are credited for the excess electricity you contribute, reducing the overall cost of your electricity bill. In contrast, a regular energy plan does not have this benefit, and you solely rely on electricity supplied by the grid without any credits for the surplus power you generate.  

Can a solar electricity plan help me save money on my electricity and gas bills?

Yes, a solar electricity plan has the potential to save you money on your electricity and gas bills. This is because if you bundle both utilities together, some power suppliers will let you use your feed-in tariff payments to offset the usage charges on your gas bills. This way you’ll get a reduction in both your gas and electricity bills from your solar panel output.  

How much does an average solar system cost in Australia?

The cost of an average solar system in Australia will vary depending on several factors such as the size of the system, the quality of the components, and the installation requirements. As of 2023, the average cost of a 6.6 kW solar system, which is one of the most common sizes for residential properties, ranges from around $4,000 for a cheap solar plan up to $8,000 or more. Various government incentives and rebates can help offset the upfront cost of installing a solar system, making it a more affordable investment in the long run. 

Do solar electricity plans have different pricing structures?

Yes, solar electricity plans can have different pricing structures depending on the energy retailer and the specific plan. Some plans may offer time-of-use tariffs, where electricity rates vary based on the time of day. It's important to compare and understand the pricing structures of different solar electricity plans to determine which one is the best for your energy consumption pattern. 

Can I bundle my solar electricity plan with other services for additional savings?

Yes, many energy retailers offer bundle options where you can combine your solar electricity plan with other services for additional savings. Bundling your solar electricity plan with services such as gas or even internet and home insurance can lead to discounted rates or special offers. This bundling convenience allows you to manage multiple services under one provider, potentially streamlining your billing and providing cost savings.  

How does a solar electricity smart meter work?

A solar electricity smart meter measures and records the amount of electricity consumed in a property. It works by monitoring the flow of electricity from the grid into the property plus the electricity generated by connected solar panels. The smart meter provides real-time data on electricity usage, allowing homeowners to track their energy consumption and understand how much electricity is being generated by their solar system. It accurately measures the surplus electricity that is fed back into the grid. Additionally, smart meters often come with advanced features such as remote monitoring and online portals, providing users with convenient access to their energy data.  

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Savvy is partnered with Econnex Comparison (CIMET Sales Pty Ltd, ABN 72 620 395 726) to provide readers with a variety of energy plans to compare. We do not compare all retailers in the market, or all plans offered by all retailers. Savvy earns a commission from Econnex each time a customer buys an energy plan via our website. We don’t arrange for products to be purchased directly, as all purchases are conducted via Econnex.

Any advice presented above is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an energy plan. For further information on the variety of energy plans compared by Econnex, or how their business works, you can visit their website.

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