
I was shocked to read about Ausgrid's decision to charge solar panel owners 1.2 cents per kilowatt for exporting power to their grid off peak and paying a paltry 2.3 cents an hour for unlimited exports during the peak times when they are charging consumers very expensive high tariffs ("Solar sting for power imbalance", Herald, 17/5).
Using my solar exports over the past six years, I assessed my receipts for selling power at my present rate of 11 cents per kilowatt would be reduced from $6600 to $150, and estimate the new charge imposed for exporting power would be $500. So collectively it would cost me $6750. Potentially adding $1 billion a year revenue to Ausgrid or its retailers.