I am now on an Aged Pension and considering installing solar panels on my house. If my rate of power generation exceeds my useage does AGL pay me cash for the surplus over or above my consumption and how does the pension effect this?
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When you have an active solar system at your property, if your system generates more power than is being used within your property at any given time, the surplus is exported to the grid. When this occurs, our customers receive a rebate per kWh known as a 'Feed-in Tariff'.
In addition to this, if a customer with a solar system exports (sells) more power than they import (buy), they will not be eligible for their concession discount for that particular billing period.
Hi Jayden, does the Aged Pension qualify me for a concession and if so how much does this amount to for Gas and Electricity?
We currently live about half of the year in Australia and the other half overseas so my original question was taking into account that for the 6 months that we may be away we will obviously generate more power than we would be using. So in light of this would we receive a cash rebate or simply credit toward our next bill?
When you refer to "selling" as apposed to "exporting" or buying, is the concession that we would not get the concession for the Aged Pension?
Thanks for getting back to me, Rodanne!
As a holder of this card, you're entitled to a a 17.5% discount off your household electricity bills, as well as a 7.5% discount off your gas bill from 1 May to 31 October each year.
Any surplus power exported to the grid is credit to you on each periodic electricity bill, however you can request that this amount be refunded to you automatically should you prefer. And yes, in the case that you export more power than you import as a dollar figure, you would not be eligible for your pension concession benefits for that period.