On 14 February 2025, Goorambat East Solar Farm Pty Ltd (ACN 652 230 521) as trustee for Goorambat East Solar Farm Trust (ABN 60 585 057 338) applied for a licence to generate electricity under section 18 of the Electricity Industry Act 2000 (Vic).

Consultation on the licence application closed on 17 March 2025. We did not receive any submissions. 

We granted the licence on 25 March 2025. 

Equis Energy (Australia) Projects (MREH A2 AssetCo) Pty Ltd (ACN 669 645 489) as trustee for Equis Energy (Australia) MREH A2 Asset Trust (ABN 34 770 707 887) applied for a licence to generate electricity under section 18 of the Electricity Industry Act 2000 (Vic).

Consultation on the licence application closed on 3 March 2025. We did not receive any submissions.

We granted the licence 13 March 2025.

Equis Energy (Australia) Projects (MREH A1 AssetCo) Pty Ltd (ACN 669 645 461) as trustee for Equis Energy (Australia) MREH A1 Asset Trust (ABN 92 607 537 147) applied for a licence to generate electricity under section 18 of the Electricity Industry Act 2000 (Vic). 

Consultation on the licence application closed on 13 February 2025. We did not receive any submissions.

We granted the licence on 20 February 2025.

We have completed our review of the 2025-26 minimum feed-in tariffs. 

Electricity retailers can offer a flat rate feed-in tariff or two time-varying feed-in options. The feed-in tariff rates electricity retailers offer must be at or above the minimum.

The table below shows the minimum feed-in tariffs for 2025-26. Retailers can offer solar customers a flat feed-in tariff and/or time-varying feed-in tariffs for electricity exported to the grid. 

Why do the minimum feed-in tariffs change each year?

The video below explains how the wholesale electricity prices during different times of day and night affect the minimum feed-in tariffs. 

The minimum feed-in tariffs change each year mostly because of changes in solar weighted wholesale electricity prices.

We estimate solar weighted wholesale electricity prices using the latest information available at the time of publication of each decision. In recent years, solar weighted wholesale electricity prices during the middle of the day, when most solar is exported, have been going down.

The wholesale price is set in a competitive national market, based on electricity supply and demand. The wholesale price is not set by the government or a regulator. 

The chart below shows how the minimum feed-in tariff and its different pricing components have changed over time. 

Tips to make the most of your solar

The value for solar customers is avoiding retail prices by using the electricity they produce themselves.

1. Customers’ solar systems only export ‘leftover’ electricity. The electricity their systems produce power their homes and businesses first. Where possible, run your power-hungry appliances - washing machines, dishwasher, hot water heater - during the middle of the day and avoid retail prices. 
2. Consider the advantages (and disadvantages) of 'time of use' feed-in tariffs when working out which electricity retailer meets your needs. Also beware that a higher feed-in tariff may mean you pay higher import tariffs.

Next step

The new minimum feed-in tariffs are expected to take effect in Victoria on 1 July 2025.

On 5 December 2024 Lumea Pty Ltd as trustee for the Lumea Trust (Lumea Pty Ltd) (ACN 626 136 865) applied to the Essential Services Commission for an electricity transmission licence in Victoria. 

Public consultation on this application closed on 20 January 2025. You can read the submission we received in the Resources tab above.

We granted the licence on 5 March 2025.