If you’re in Victoria and signed up for the government’s Solar Premium Feed-in Tariff (PFiT) scheme, you might be wondering what the end of this program means for you. You could also be surprised to find there are some new opportunities on the horizon.   

Let’s break it down.

A quick overview of the PFiT Scheme.

The Solar PFiT scheme began in late 2009 to encourage the use of renewable energy, allowing homeowners in Victoria with rooftop solar to earn 60c/kWh for the solar power they feed back into the grid. This has provided significant financial benefits for many households. 

However, as the scheme ends on 1 November 2024, it’s important to understand how this will impact your solar setup and what options and opportunities you now have.

Why is the scheme ending?

The PFiT scheme was designed to support early solar adopters for 15 years. With increased solar generation and falling wholesale electricity prices, the Victorian government has decided that it’s time to transition to new structures that reflect these changes. 

But not to worry, we’re here to help you make the most of your solar journey!

What does the end of the PFiT scheme mean for you?

Time to consider upgrading.

If you’ve been hesitant to upgrade your solar system because of the PFiT scheme, you might have an old solar system on your hands now, and you might be interested in increasing the size of your system. The Vic PFiT scheme was only available to customers with systems 3 kW or less, but after 1 November 2024 you won’t’ have to worry about losing your PFiT if you upgrade to a larger system. This means you can generate more power and maximise your investment. 

Changes in feed-in tariff rates.

After the PFiT scheme ends, your rate will change. The 60c/kWh PFiT you’ve been receiving will be replaced with a new feed-in tariff. While the minimum FiT rate set by the Essential Services Commission is 3.3 c/kWh, your new rate will depend on your energy provider. 

Battery storage options.

Now is a good time to think about adding battery storage to your new system. With battery storage, you can save the excess energy your panels generate during the day and use it when you need it most - especially during peak hours or at night. This is a great way to maximise your solar investment. 

For more details on how battery storage can enhance your solar setup, check out our article on supercharging your solar panels. 

Why choose ENGIE?

At ENGIE, we understand that change can be overwhelming, especially when it comes to your energy costs. That’s why we’re excited to offer all new solar customers a new feed-in tariff of 12c/kWh for the first 8 kWh of solar energy you export each day, and 3.3c for any additional exports. This rate allows you to continue enjoying your solar benefits while helping you save on your energy bills.

Sign up with ENGIE today to take advantage of this great value offer and make the most of your solar power. 

We're here to support you every step of the way! 

Visit to learn more about how we can help you maximise your solar investment, today.

Key takeaways.

With the end of the PFiT scheme approaching, now is the perfect time to upgrade your solar system and explore new options, including larger systems and battery storage. While your FiT will change, our great offer to new solar customers of 12c/kWh for the first 8kWh exported, ensures you’ll still benefit from your investment.

Now is the time! 

Sign up to ENGIE today and get ready for a brighter future.