Price paid for surplus solar power drops to its second lowest level ever

Price paid for surplus solar power drops to its second lowest level ever
Solar panels are fixed on the roof of a house in Moers, western Germany on 5 August 2024. Ina FASSBENDER / AFP

The price that households receive for unused electricity generated from their solar panels has dropped to its second-lowest level, according to figures from the Flemish Utilities Regulator.

Households with solar panels and digital meters sell their surplus electricity to an energy supplier through a feed-in contract. In May, the average feed-in tariff is 3.02 cents per kilowatt-hour. Only in March 2024 was this tariff lower, at 2.9 cents.

An excess of solar power, especially in the spring, contributes to lower prices. The Flemish Utilities Regulator highlights the importance of self-consuming electricity, as it offers the greatest benefit.

Last year, families saved on average €372 annually by using their own power, with feed-in earning them an additional €75 on average.

For some contracts, last year’s pricing formula was unfavourable, resulting in a negative overall feed-in rebate for 2024. This affected a few hundred households.


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