Feed-in Tariffs (FiTs): Some states in Australia offer feed-in tariffs, which allow solar system owners to earn money by selling excess electricity generated by their solar panels back to the grid. The rate paid for the excess electricity can vary depending on the state and electricity retailer.

March 19, 2024by Luke0

Feed-in tariffs are typically set at a higher rate than the retail electricity price, providing an incentive for Solar system owners to generate more clean energy. This can help reduce the overall demand for electricity from the grid and lower greenhouse gas emissions.

It’s important to note that not all states in Australia offer feed-in tariffs, and the availability and rates can vary. Additionally, feed-in tariffs are subject to change, so it’s important for Solar system owners to stay informed about the current rates and policies in their area.

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

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