Feed-in Tariffs (FiTs): Many states and territories in Australia offer feed-in tariffs, which allow solar system owners to receive credits or payments for excess electricity they generate and feed back into the grid. The rates vary by region and electricity retailer.

May 12, 2024by Luke0

Feed-in tariffs are a way to incentivize the adoption of renewable energy sources like Solar power. They help to offset the cost of investing in Solar panels by providing a financial reward for generating clean electricity.

The rates and terms of feed-in tariffs can vary significantly between different states and territories in Australia. Some regions offer fixed rates for excess electricity fed back into the grid, while others offer time-of-use tariffs that vary based on the time of day.

It’s important for Solar system owners to research and compare feed-in tariff options in their area to ensure they are getting the best possible return on their investment. Additionally, it’s a good idea to regularly review and renegotiate feed-in tariff agreements to take advantage of any changes or improvements in the market.

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