Feed-in tariffs are typically set at a rate per kilowatt-hour, and the exact amount can vary depending on the state or territory and the electricity retailer. Some feed-in tariffs are fixed for a set period of time, while others may be subject to change based on market conditions.
In addition to feed-in tariffs, some states and territories also offer other incentives for Solar system owners, such as rebates or grants to help with the upfront cost of installing Solar panels. These incentives can make Solar power more affordable and accessible for households and businesses.
Overall, feed-in tariffs and other incentives can make investing in Solar power a smart financial decision, as they can help reduce electricity bills and provide a return on investment over time. If you are considering installing a Solar system, it’s worth checking with your state or territory government to see what incentives are available to you.
