Feed-in Tariffs (FiTs): Some states and territories in Australia offer feed-in tariffs, where solar system owners can earn credits or payments for the excess electricity they generate and feed back into the grid. The rates and eligibility criteria vary depending on the state or territory.

May 13, 2024by Luke0

These FiTs are designed to incentivize the adoption of Solar power and help offset the initial cost of installing a Solar system. They can provide a financial benefit to homeowners and businesses with Solar panels, as they can potentially earn money by selling their excess electricity back to the grid.

However, it’s important to note that feed-in tariffs can change over time and may be subject to government regulations and policy changes. It’s recommended to research the current feed-in tariff rates and eligibility requirements in your specific state or territory before installing a Solar system to ensure you understand the potential benefits and requirements.

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