REBATES AND FEED-IN TARIFF (FiT) INFORMATION
The rising cost of electricity is the main reason to invest in solar power systems. This affords homeowners the ability to control the ‘size’ of the electricity bills. The Federal Government is supporting this initiative by introducing rebates and feed-in tariffs.
The Federal Labour Government introduced in the latter part of 2009 the Solar Credits Scheme as incentive to invest in renewable energy. These schemes pay eligible households for any excess electricity that maybe generated by the solar power systems installed in their home. The State and Territory governments across the country have varying methodologies known by names such as Solar Feed-In Tariffs or Solar Bonus Scheme or the Solar buy-back scheme. These FiTs are payment for the environment friendly energy that your household generates back to the grid through the solar panels.
There have been a number of changes to these FiTs all across the country over the years. Please contact our experts to know the current incentives and rebates offered. However, currently for every one mWh of electricity produced in the coming 15 years, by the solar system installed in your home, you would be entitled to a Small Technology Certificate (STC).
We are sure that you would like to know regarding the latest State or Federal Government solar rebates, please do us a call on our toll free number or use our contact form. Today! You could also check out http://yourenergysavings.gov.au/rebates.