According to Powerclub, during 2020, 25% of solar exports in Victoria were at times when wholesale spot prices were less than $0, and the regulators consider this when setting the mandated Feed-in Tariff (FiT). In 2021, regulators have set Feed-in Tariff to 6.7c/kWh and 64.5c/kWh for those already on the premium (now closed), which is 34% less than tariffs for 2020 (10.2c/kWh). However, this rate is still higher than all other States in Australia.