A tariff on your energy bill refers to a pricing change or a subsidy.
Feed in tariff
If you have solar you may have a feed in tariff - listed as a CREDIT on your bill. A feed-in tariff (FiT) is a rate
paid for electricity fed back into the electricity grid from a designated
renewable electricity source (for example, solar panels on your roof). If you
are interested in seeing how this could work for you, check out the Victorian
Energy Compare solar savings calculator.
You can learn more at the Solar
If you have an older energy contract you may have a time-of-use tariff (PEAK and OFF PEAK; or PEAK LOAD and PEAK DEMAND) usage. To make the most of the time-of-use tariff it's best if you choose the cheapest time of day to use energy. Off-peak electricity rates
are times of the day you can use your energy at a reduced cost. These
times are usually when most households are not using energy and are
typically at night or on the weekends. By choosing to use certain
appliances at off-peak times rather than peak, you could save on your