Feed-in Tariffs (FiTs): Some 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 eligibility criteria for FiTs vary by state.

February 28, 2024by Luke0

For example, in New South Wales, the feed-in tariff rate is currently set at 6.1 cents per kilowatt-hour for electricity exported to the grid. In Victoria, the rate is around 11.3 cents per kilowatt-hour. In Queensland, the rate is around 8.5 cents per kilowatt-hour for regional customers and 6.1 cents per kilowatt-hour for urban customers.

To be eligible for a feed-in tariff, Solar system owners typically need to have their system connected to the grid, meet certain size requirements, and comply with relevant regulations and standards. It’s important for Solar system owners to check with their state or territory government or electricity retailer for specific information on feed-in tariffs in their area.

Feed-in tariffs can help offset the cost of installing a Solar system and encourage more households and businesses to invest in renewable energy. They can also help reduce the strain on the electricity grid by incentivizing the generation of clean, renewable energy during peak times.

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