For example, in South Australia, the feed-in tariff rate is currently set at 11.5 cents per kilowatt-hour for Solar systems up to 5kW in size. In Victoria, the rate is 10.2 cents per kilowatt-hour for systems up to 100kW.
It’s important to note that these rates can change depending on government policy and market conditions. Additionally, some states have different tariff structures, such as time-of-use tariffs or gross feed-in tariffs, which may affect how much Solar system owners are paid for their excess electricity.
Overall, feed-in tariffs can be a great incentive for Solar system owners to maximize their electricity generation and reduce their electricity bills. It’s worth checking with your state or territory government to see what feed-in tariff options are available to you.