Feed-in Tariffs: In addition to the STCs, some Australian states and territories offer feed-in tariffs. These tariffs provide a payment for excess electricity generated by a solar power system that is exported back to the grid. The rate at which electricity is purchased by the grid varies depending on the state or territory.

May 12, 2024by Luke0

Feed-in tariffs are designed to incentivize homeowners and businesses to adopt Solar power systems by providing a financial reward for generating renewable energy. This can help reduce the reliance on fossil fuels and decrease greenhouse gas emissions.

The rates for feed-in tariffs can vary greatly depending on the state or territory, as well as the size of the Solar power system and the time of day the electricity is generated. Some states offer a fixed rate per kilowatt-hour, while others may offer a variable rate that changes throughout the day.

It’s important for consumers to research and understand the feed-in tariff rates in their area before investing in a Solar power system. By taking advantage of feed-in tariffs, homeowners and businesses can not only save money on their electricity bills but also contribute to a more sustainable energy future.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *