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There is also potential for your electricity retailer to change the play baccarat for a living Time Of Use times remotely to cater for issues like daylight savings, or other needs.
Although your solar exports have reduced, youll also notice that your overall energy consumption has reduced, since the solar system is now powering your home first.
If not, it makes sense to have the net meter installed late in the year so that you can continue to take advantage of your bonus FiT for as long as possible.On the 31st of December 2016 the NSW Solar Bonus Scheme will best free casino games play expire, affecting 130,000 solar owners who currently export all their solar production to the grid at the subsidised Feed in Tariff (FiT) rate of 60c or 20c per kwh.This meter may be referred to as a dual or twin element meter.If you choose to do nothing and stay with your gross meter, you will still be able to export all your solar to the grid, but at the reduced rate of around 6c per kwh from 1st January.You may also want to wait to see if any of the electricity retailers offer promotions on dual element meters with price and contract requirements that are acceptable to you.If this option is available to you, it makes sense to install it at any time before the end of the year.If you would like to get a head start on solar battery use, or simply like the idea of minimising your reliance on the grid, then the addition of a battery (or batteries) may make sense.Find out more, department of Industry - Resources and Energy - Solar Bonus Scheme.You won't have to install a new net meter of any kind, and you won't need to renew or change contracts with your electricty provider.The Solar Analytics smart monitor will provide you with a beautifully-designed overview of all your real-time energy consumption and solar production data so you can change your usage habits and seriously reduce your new electricity bill in 2017.Install a Net Meter, the most economical solution is to swap over your existing gross electricity meter for a new net meter.Please feel free to leave comments below with any other questions you might have).Wait for the Electricity Retailer Offers There are likely to be offers made by most of the Electricity Retailers around the installation of a new net meter.1) MyMojo portal usage prior to the ending of the Solar Bonus Scheme.The Department of Industries as well as energy retailers and industry bodies will be communicating with NSW solar owners about these changes (costs, options, requirements) over the next few weeks.Some energy retailers are making this opt out, so unless you tell them otherwise they will automatically come and replace your existing gross meter for a net smart meter.See the diagrams below for a further explanation.An interval meter collects your electricity consumption in 30 minute increments and stores it on-site.Check back with us as we find out further information on this option.
In the future, all meters will be installed and owned by a private registered.
Check if your energy retailer can provide you with a net meter that can continue to provide gross metering right up until 31st December 2016.
It is only going to give you 30 minute interval data, a day behind, and a range of capabilities that tip the balance of benefit to the energy retailer or dnsp, rather than the consumer.
The good news is that you definitely have options.