Feed-in Tariffs: Many Australian states offer feed-in tariffs, which allow you to sell excess electricity generated by your solar panels back to the grid at a premium rate. The rates and eligibility criteria vary by state.

March 4, 2024by Luke0

For example, in New South Wales, the feed-in tariff rate is set by the Independent Pricing and Regulatory Tribunal (IPART) and changes annually. As of 2021, the feed-in tariff rate is around 6-8 cents per kilowatt-hour. To be eligible for the feed-in tariff, you must have a Solar PV system with a capacity of no more than 10 kilowatts and be connected to the grid.

In Victoria, the feed-in tariff rate is set by the Essential Services Commission (ESC). As of 2021, the minimum feed-in tariff rate is around 10.2 cents per kilowatt-hour. To be eligible for the feed-in tariff, you must have a Solar PV system with a capacity of no more than 100 kilowatts and be connected to the grid.

It’s important to check with your state government or electricity provider for the most up-to-date information on feed-in tariffs in your area. Feed-in tariffs can help offset the cost of installing a Solar PV system and make it more financially viable for homeowners to generate their own clean energy.

Share on:

Leave a Reply

Your email address will not be published.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