Feed-in Tariffs (FiTs): Many states and territories offer feed-in tariffs, which allow you to sell excess solar energy back to the grid at a premium rate. The rates and eligibility criteria for FiTs vary, so it’s important to check with your local electricity retailer for more information.

May 16, 2024by Luke0

Feed-in tariffs are a great way for Solar energy system owners to potentially earn money back on their investment by selling excess electricity back to the grid. It can also help offset your electricity bills and make Solar energy even more cost-effective in the long run.

To take advantage of feed-in tariffs, you will need to have a grid-connected Solar energy system installed on your property. Make sure to check with your local electricity retailer or government website for information on rates, eligibility criteria, and how to apply for feed-in tariffs in your area.

Keep in mind that feed-in tariffs can vary greatly depending on where you live, so it’s important to do your research and understand the terms and conditions before signing up. Additionally, some states and territories may have limits on the amount of excess electricity you can sell back to the grid, so be sure to clarify any restrictions that may apply to your situation.

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