Feed-in Tariffs (FiTs): Many states and territories in Australia offer feed-in tariffs, where solar system owners are paid for the excess electricity they generate and feed back into the grid. The rates and terms may vary depending on the location.

April 20, 2024by Luke0

Feed-in tariffs are a financial incentive to encourage the uptake of Solar energy and help offset the cost of installing a Solar system. The rates are usually higher than the retail electricity rates, providing an additional source of income for Solar system owners.

It is important to check with your local electricity retailer or government authority to understand the specific feed-in tariff rates and terms in your area. Some states may have different eligibility criteria or limits on the size of the Solar system that can receive the feed-in tariff.

Overall, feed-in tariffs can help make Solar energy more affordable and financially rewarding for homeowners and businesses, while also contributing to reducing greenhouse gas emissions and transitioning to a cleaner energy future.

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