Govt Rebate - Solar Energy
GOVERNMENT REBATES
Residential customers are entitled to two types of support for their solar PV systems under the Renewable Energy Target (RET):
1. Solar Credits provided by the Federal Government
2. State feed-in tariff
Renewable Energy Rebate
When you install a solar system , as the owner of the system you generate renewable energy certificates called Small Technology Certificates (STC). Each STC equates to 1 Megawatt hours (1000 kWh) of energy your system can produce in the period to 2030 up to a maximum of 15 years. Solar System retailers apply for these STCs on behalf of the consumers and provide you discounts upfront, thereby reducing your initial investment cost substantially.
Feed-In-Tariff
State governments pay customers for the excess/unused solar electricity exported to the grid. The feed-in tariff depends on:
1)Electricity retailer
2)solar rebate perth waState of residence
CURRENT FEED-IN TARIFF IN DIFFERENT STATES*
| State | Feed-in Tariff |
|---|---|
| Victoria | 4.9c/kWh minimum |
| South Australia | 1.0c to 8.0c /kWh |
| Australian Capital Territory | 6.0c – 7.5 c/kWh |
| Tasmania | 8.883 c/kWh |
| Northern Territory | 9.13 c/kWh |
| Western Australia | 3c to 10c/kWh |
| Queensland | 6.3c to 9.7c/kWh |
| New South Wales | 6.2 to 10.4c/kWh |
* these rates are subject to variations
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