So, you have invested in solar panels - good on ya, mate! You are doing your bit for the planet and enjoying lower electricity bills. But here is an important truth many solar owners overlook: having panels is only half the battle. To truly maximise your solar investment and enjoy the biggest savings, you need the right energy plan. A great solar system paired with a rubbish plan is like putting premium fuel in a car that is running on flat tyres - you are just not getting the most out of it.
Do not let your hard-earned solar power go to waste on a subpar plan. In this post, we are diving deep into the current energy market to bring you our expert picks and strategies for finding the best energy plans available right now for Australian solar households.
Why Your Energy Plan Matters More Than Ever for Solar Owners
The energy landscape has shifted significantly over the past few years. The days of sky-high feed-in tariffs (FiTs) that paid you a fortune for every kilowatt-hour (kWh) you sent back to the grid are largely behind us. While some generous FiTs still exist, most have stabilised at more modest rates. This means your focus should not just be on exporting power, but also on:
- Minimising your import costs: How much you pay for power when your solar is not generating.
- Maximising self-consumption: Using the power you generate directly.
- Optimising battery usage: If you have one, ensuring your plan helps charge it efficiently and discharge when it is most valuable.
The right plan can literally save you hundreds, if not thousands, of dollars a year, turning your solar system into an even smarter financial asset.
Key Considerations for Savvy Solar Households
Before we get to the expert picks, let us nail down what a solar household should be looking for in an energy plan:
- Feed-in Tariffs (FiTs): While not the only factor, a competitive FiT (the credit you get for exporting excess power) is still important, especially for households with high export rates. Look for anything above 5-6 c/kWh, with some smaller retailers offering up to 10-12 c/kWh.
- Usage Rates (Peak, Shoulder, Off-peak): This is where most of your bill comes from. Time-of-Use (TOU) plans are common, charging different rates at different times. If you can shift your usage to off-peak (when solar is not usually generating much anyway), you stand to save big.
- Daily Supply Charge: This is a fixed daily fee, regardless of how much power you use. It can range from 80 c to $1.50 per day. Do not overlook it, as it adds up.
- Conditional Discounts: Many plans offer discounts, but check the conditions - direct debit, on-time payment, bundling with gas. Make sure they are easy to meet.
- Benefit Period & Exit Fees: How long does the plan last? Are there fees for switching early? Transparency is key.
- Retailer Reputation: Good customer service can save you headaches down the track.
Expert Picks: The Best Energy Plans Available Right Now
Given the dynamic nature of the energy market, naming specific plans can be tricky as they change frequently. Instead, we will highlight the types of plans and features you should seek out, often found with various providers across different states.
1. The High FiT Hero Plan: For Export Powerhouses
Who it is for: Households with large solar systems, low daytime energy usage, and significant excess power exported back to the grid. Think retirees, remote workers who are out during the day, or those with highly efficient homes.
What to look for:
- Highest available FiT: Seek out plans offering 8-12 c/kWh, sometimes even higher from smaller, challenger retailers.
- Reasonable usage rates: While FiT is king here, you do not want exorbitant import rates that eat into your savings if you do need to draw from the grid.
Why it is a pick: These plans directly reward your solar generosity. While fewer and further between, some niche or green retailers often lead the pack in offering competitive FiTs to attract solar-savvy customers. Always check their import rates though!
2. The Smart Saver TOU Plan: For Self-Consumption Champions (with or without a battery)
Who it is for: Households who actively manage their energy usage, typically running appliances during off-peak hours, or those with a battery system. This is increasingly the most common and beneficial type of plan for modern solar homes.
What to look for:
- Excellent off-peak usage rates: Think 18-22 c/kWh. This is important for charging batteries cheaply overnight or running dishwashers/washing machines after 10 pm.
- Good shoulder rates: Often 25-35 c/kWh.
- Acceptable peak rates: Understandably higher (40-55 c/kWh), but if you are solar-heavy during the day and smart at night, you will avoid these mostly.
- A decent, but not necessarily top-tier, FiT: Around 5-8 c/kWh is common here.
Why it is a pick: These plans align perfectly with solar generation patterns. You self-consume your cheap daytime solar, and when you need to import, you do it during the cheapest off-peak times. For battery owners, this allows for cheap overnight charging from the grid when solar is not available, saving your valuable stored solar for when grid prices are highest. Major retailers like AGL, Origin, and EnergyAustralia often have competitive TOU plans.
3. The Green & Clean Choice Plan: For the Environmentally Conscious
Who it is for: Households prioritising renewable energy sourcing and ethical consumption, even if it means slightly less aggressive savings compared to other options.
What to look for:
- 100% GreenPower accreditation: This ensures your purchased grid electricity is matched with renewable energy certificates.
- Transparent sourcing: Retailers who clearly articulate their commitment to renewables and how they support them.
- Competitive FiTs & Usage Rates: While green credentials are primary, you should not have to pay a massive premium. Many green retailers now offer very competitive rates.
Why it is a pick: Supporting retailers that genuinely invest in renewables helps accelerate Australia's transition to a greener grid. Companies like Aurora Energy (Tasmania), Powershop, or various smaller providers often fit this bill.
4. The All-Rounder Balance Plan: For the Average Solar Household
Who it is for: Most typical solar households looking for a solid all-rounder plan without needing to micro-manage their usage or chase the absolute highest FiT.
What to look for:
- Balanced FiT and usage rates: A good FiT (e.g., 6-8 c/kWh) combined with reasonable overall usage rates (e.g., 25-35 c/kWh average across periods, or a competitive flat rate if you are not on TOU).
- Easy-to-meet discounts: Often for paying on time or via direct debit.
- No lock-in contracts or exit fees: Provides flexibility.
Why it is a pick: This plan minimises effort while still ensuring good value. It is a set-and-forget option for those who want decent savings without constant plan monitoring. Most major retailers will have plans that fit this description, so compare carefully.
How to Shop Smart & Make the Switch
Ready to find your perfect plan? Here is how:
- Gather your recent bill: It has all the info retailers need.
- Use comparison sites: EnergyMadeEasy.gov.au is the official government site and a great starting point. Also check out others like Wattwatchers, Finder, or Canstar Blue.
- Filter for solar-friendly plans: Look for options that explicitly mention solar or high FiTs.
- Do not be afraid to negotiate: Call your current provider and see if they will match or beat a competitor's offer.
- Read the fine print: Always double-check benefit periods, conditional discounts, and any exit fees.
By actively reviewing your energy plan, you are not just saving money; you are taking full control of your solar investment and optimising its potential. Good luck, and happy saving!
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For a detailed overview, check out our master guide: Read the Full Guide Here.