What will be the DEBS rate?
From 1 July 2022, the DEBS buyback rates will be:
- Electricity net exported at peak times between 3pm and 9pm will earn 10c/kWh;
- Electricity net exported at all other times will earn 2.5c/kWh.
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 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.