For example, in some states, FiTs are available for both residential and commercial Solar system owners, while in others, they may only be available to residential customers. The rates paid for excess electricity can also vary, with some states offering a fixed rate per kilowatt-hour and others offering a variable rate based on factors such as time of day or season.
To be eligible for a FiT, Solar system owners typically need to meet certain criteria, such as having a system that is connected to the grid and compliant with relevant standards and regulations. Some states may also have limits on the size of systems that are eligible for FiTs, or restrictions on the types of systems that can participate.
Overall, feed-in tariffs can be a valuable incentive for Solar system owners to generate clean energy and reduce their electricity bills. It’s important for potential participants to research the specific FiT programs available in their state or territory and understand the rates, eligibility criteria, and any other requirements before installing a Solar system.
