When you have asolar PV systemyou generate electricity for use in your home. However, at certain times you may generate more electricity than your household needs - what do you do with the excess?
You sell it back to the energy companies. Instead of power flowing into your home through the grid, power flows out of your home through the grid. Instead of being charged for energy you consume, you are paid for energy you contribute.
So, a feed-in tariff is the premium rate paid for this excess electricity.
Currently feed in tariffs exist in 40 countries worldwide and in Australia the amounts paid out vary from state to state. Germany, as an example, has a very successful feed-in tariff program.
Find out why Australia needs feed-in tariffs.
Currently there isn’t a cohesive program of rates set across Australia, the schemes are done on a per state basis. We’ve put together a quick guide to the states and tariffs for you below with detailed articles about each state's feed-in tariffs below.
So what's the different between 'gross' and 'net'? Find out here.
New South Wales Feed-in Tariffs
Western Australia feed-in tariffs
South Australia feed-in tariffs
Northern Territory Australia feed-in tariffs
Not only are there incentives for installing solar PV systems and creating your own electricity, there are also incentives to installing solar hot water systems.
Its pretty obvious that the NSW government is leading the way here!
over a year ago by David
Wonder when the rest of the states are going to catch up?