Feed-in Tariffs (FiTs): Some states and territories in Australia offer feed-in tariffs, which allow solar system owners to receive a payment for excess electricity they generate and feed back into the grid. The rate for feed-in tariffs varies depending on the state or territory.

April 9, 2024by Luke0

Solar system owners can typically receive a credit on their electricity bill for the excess electricity they generate and feed back into the grid. This can help offset the cost of purchasing electricity from the grid when their Solar system is not producing enough power.

Feed-in tariffs are designed to incentivize the adoption of Solar power and help reduce greenhouse gas emissions. They can also provide a financial benefit to Solar system owners by allowing them to earn money from the excess electricity they generate.

It’s important for Solar system owners to check with their energy provider or local government to find out what feed-in tariff rates are available in their area. These rates can vary depending on factors such as the size of the Solar system, the time of day electricity is generated, and the state or territory in which the system is located.

Overall, feed-in tariffs can be a valuable incentive for Solar system owners to generate clean, renewable energy and contribute to a more sustainable energy future.

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