What will be the DEBS rate?
From 6 November 2020, a time of export DEBS Buyback Rate will apply for eligible DEBS customers. The new rates are:
- Electricity exported at peak times between 3pm and 9pm will earn 10 c/kWh;
- Electricity exported at all other times will earn 3c/kWh.
The DEBS Rate will be reviewed each year by the State Government, just like other regulated electricity prices.
The DEBS Rate applies to the first 50 units exported from a customer to the grid each day. This is more than a 5kW solar PV system would be expected to generate daily, even in ideal conditions.
The DEBS Rate will be the same for the export from batteries as export from solar, recognising that batteries will be a growing component of our energy system.
Prior to 6 November 2020, the DEBS Rate will be 7.135 cents per unit of energy exported to the grid – including energy exported from home batteries. This is to allow time for us to complete software and technical upgrades.