Feed-in Tariffs: Many states and territories in Australia offer feed-in tariffs, where homeowners can receive payment for excess electricity generated by their solar panels and fed back into the grid. The rates and terms of feed-in tariffs vary by state.

May 8, 2024by Luke0

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

It’s important to note that these rates are subject to change and homeowners should check with their state government or electricity provider for the most up-to-date information on feed-in tariffs.

Feed-in tariffs can be a great way for homeowners to offset the cost of their Solar panel installation and make their investment in renewable energy even more financially viable. By generating their own electricity and selling any excess back to the grid, homeowners can not only save money on their electricity bills but also contribute to the transition to a more sustainable energy system.

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