What will be the DEBS rate?
On 9 September 2021, the State Government announced that the DEBS buyback rates will change.
The new buyback rates are:
- Electricity net exported at peak times between 3pm and 9pm will earn 10 c/kWh;
- Electricity exported at all other times will earn 2.75c/kWh.
These new rates will be effective 1 November 2021.
The DEBS buyback rates will be reviewed each year by the State Government, just like other regulated electricity prices.
The DEBS buyback rates applies to the first 50 units net 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 buyback rates 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.