As the FiTs reduce there are changes to consumer behaviour, measured and knee jerk. The FiTs were always ‘advertised’ as eventually going to zero and consumers responded eyes wide open discounting that in their purchase decisions. Now that it is happening there is some ‘shock-horror’ for them but it might be a kick up for battery installations regardless of the actual economics.
In Vic the FiT was $0.102 and current new plan offers are around $0.07. If reduced FiTs for existing plans start 1 October my retailer has yet to inform me but I expect a notice on the afternoon of 30 Sep as is often the strategy of delivering bad news.
