Feed in tariff
Solar Feed-in Tariffs are a payment for Energy obtained from your solar system, that is feed back into the grid. State governments across Australia have adopted different approaches to what is normally referred to as a Feed-In Tariff.
Although the premium tariffs are no longer in place, homeowners can take advantage of low solar PV system prices. Increasing electricity bills are now the main reason to invest in a solar PV system, as it offers home owners a real means of taking control of their energy bills..
These days, some retailers offer customers a feed-in tariff on excess solar energy being fed into the grid.
The minimum tariff that a retailer can offer is set by the relevant state Government, however some retailers offer a higher tariff than this.
To find out more about what tariff you’re entitled to, contact your energy retailer.