Feed-in Tariffs: Many Australian states and territories offer feed-in tariffs, which allow solar system owners to earn credits or receive payments for the excess electricity they generate and feed back into the grid. The rates and conditions vary between regions.

May 8, 2024by Luke0

For example, in New South Wales, the feed-in tariff rate is set by the state government and changes every year. As of 2021, the rate is around 6-8 cents per kilowatt-hour. In Victoria, the rate is around 10-12 cents per kilowatt-hour, while in Queensland, it is around 6-10 cents per kilowatt-hour.

These feed-in tariffs can help Solar system owners offset their electricity bills and make their investment in Solar panels more financially viable. However, it’s important to carefully consider the terms and conditions of the feed-in tariff scheme in your area, as they can vary significantly and may impact your overall financial benefits.

It’s also worth noting that feed-in tariffs are subject to change, so it’s important to stay informed about any updates or adjustments to the rates in your region. Overall, feed-in tariffs can be a valuable incentive for homeowners to invest in Solar energy and contribute to a more sustainable energy future.

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