Feed-in tariffs are an incentive for homeowners to install Solar panels and generate renewable energy. By feeding excess electricity back into the grid, homeowners can offset their electricity bills and even make a profit in some cases.
It’s important for homeowners to research and understand the feed-in tariff rates and conditions in their area before investing in Solar panels. Some states and territories have generous FiT programs, while others may offer lower rates or have restrictions on eligibility.
Overall, feed-in tariffs can help encourage the adoption of Solar energy and promote a more sustainable energy future. They provide a financial incentive for homeowners to generate clean, renewable energy and reduce their carbon footprint.
