What is a net feed-in tariff scheme?
What is a net feed-in tariff scheme?
Under a net feed-in tariff, a fee is paid for any solar energy that goes back into the grid from your house. So if you are producing more electricity from your solar panels than you are using at that point in time, you get paid for this extra electricity which is sent into the grid.
Who is eligible for feed in tariffs?
Eligibility. To receive a feed-in tariff a solar PV system must be: installed on a household or small-businesses. connected to the grid within the National Energy Market (NEM).
Who has the highest feed-in tariff in NSW?
Origin Energy
Origin Energy has the best solar feed-in tariff in NSW, where eligible customers can get 22 cents per kilowatt hour (c/kWh) for feeding electricity into the grid. ReAmped Energy has the second highest feed-in tariff rate at 21c/kWh, while Red Energy offers a generous 18c/kWh.
How much is feed-in tariff?
Feed-in tariffs
| State | EnergyAustralia feed-in tariff |
|---|---|
| Victoria | 10.2 cents per kWh^ |
| New South Wales | 9.5 cents per kWh^ |
| Australian Capital Territory | 9.5 cents per kWh^ |
| South Australia | 10.5 cents per kWh^ |
What happens to feed in tariff in NSW?
Here’s an overview of the impact feed-in tariff reductions will have on those with solar power systems. NSW solar system owners are being encouraged to change from their current gross meters to net meters, to help them maximise possible savings once the scheme ends.
Are there feed in tariffs for solar PV in NSW?
Feed-in tariff is only available for solar PV systems with inverter capacity up to 10kW. Feed-in tariff is only available for solar PV systems with inverter capacity up to 10kW. ActewAGL solar feed-in tariffs for New South Wales only available in postcodes 2535-2541, 2537, 2545, 2546, 2548, 2549-2551, 2580-2587, 2594, 2611, 2618-2633 and 2720.
Why is solar feed in tariff important for ActewAGL?
A joint venture with AGL, ActewAGL are exploring innovative energy solutions to help customers take control of the energy they use. A great solar feed-in tariff is important, but to ensure you find the best deal you also need to consider the usage rates and supply charges.
When does the Aurora feed in tariff end?
However, those on the 16c/kWh rate may begin to consider batteries even before the 16c/kWh rate expires on 30 September. Scheme name (s): Aurora Energy Net Metering Buyback Scheme; Transitional Feed-in Tariff Historic rate (s) paid: 1-for-1 (equivalent to retail tariff rate) through Aurora Energy (applications in by 31 August 2013)