Feed-in Tariff

  • The Feed-in Tariff is a government subsidised initiative to pay owners of solar systems for the energy that is exported into the electricity grid by their systems. Each individual State Government has its own Feed-in Tariff. Feed-in Tariffs pay the provider (household) an amount per kilowatt hour significantly higher than the cost of paying for a kilowatt hour from your Renewable Energy provider e.g. 60 cents/kWh in VIC.

    State Current Status Max Size Rate Duration Model
    QLD Commenced July 2012 5kW 08c/kWh years Net
    VIC Commenced November 2009 5kW 08c/kWh 15 years Net
    NSW Closed 10kW 08c/kWh 7 years Gross
    ACT Commenced March 2009 10kW 08c/kWh 20 years Gross
    SA Commenced July 2008 30kW (10kW/phase) 08c/kWh 20 years Net
    WA Finished August 1, 2011 5-30kW 08c/kWh 10 years Net
    TAS Commenced TBA 08c/kWh TBA Net
  • Feed-in tariffs can be defined by the rate payable, whether on a gross or net metering basis, the period for which a new installation is guaranteed a rate and the limits on eligibility. Feed in tariffs are a way of subsidising renewable energy and can be implemented in conjunction with mandatory renewable energy targets.

  • Feed in tariff legislation has been enacted by the State Governments in Australia, the purpose of which is to encourage the adoption of renewable energy. A uniform federal scheme to supersede all State schemes has been proposed but not enacted. Two state governments, Western Australia and the ACT, have enacted a gross feed in tariff. Other State Government have enacted net feed-in tariff schemes which have been criticised for not provided enough incentive for households to install Solar Panels and thus for not effectively encouraging the uptake of solar PV.

  • For more information regarding to the feed-in Tariff, please refer to the Office of Renewable Energy Regulator's website at www.orer.gov.au or the CEC website www.cleanenergycouncil.org.au.

Solar Rebates (Renewable Energy Rebate)

  • What is Renewable Energy or Solar Power Rebate?

    The Solar PV Rebate is an Australian Government initiative that subsidies the cost of renewable energy systems to make it more affordable for homes, business and community groups. The rebate means that installing solar power is more an affordable and viable investment.

    The Solar Rebate is made up of Solar Credits, which are a part of the Renewable Energy Target (RET) scheme that was created by the government as mechanism to boost the production of renewable energy. The Solar Rebate offers financial support to households, businesses and community groups that install small-scale solar systems, wind and hydro electricity systems.

  • How Much Benefit Can I Expect From The Renewable Energy Rebate?

    Solar Credits are provided in the form of Small-Scale Technology Certificate, or 'STCs', for people who have installed a new solar system from 9 June 2009. Solar Credits apply to the first 1.5 kilowatts (kW) of capacity of the system installed. The level of support provided by Solar Credits depends on the price of STCs (which may vary over time) and the location and size of the system.

    Small-Scale Technology Certificate (STC) credit multiplier is the basis for the Solar Credit Scheme. A single STC is equivalent to one megawatt hour of electricity generation. STCs are currently issued with qualifying solar water heater, solar energy, wind power systems or solar panels and be traded for cash. The value of a STC is dependent on market conditions.

    Under the new Solar Credit Scheme, one REC will be initially multiplied by 5, offering five times the dollar value. The 5x multiplier will exist from the start of the program up until the end of the financial year 2011.

  • Why do Solar Credits vary across the country?

    The number of STCs created for a system will depend on the amount of Renewable Energy the system generates.

    A solar PV system in Sydney, Perth, Adelaide, Brisbane and Canberra will create the same number of STCs and receive the same amount of support.

    The same sized system installed in Melbourne or Hobart will receive fewer STCs as these areas have less sunshine so less renewable energy is produced.

  • If I install Solar Panels myself, will I still receive the rebate?

    No. The Office of the Renewable Energy Regulator has made it a requirement that only CEC accredited installers can sign-off on credits.

  • For more information regarding to the STCs & Solar Credit, please refer to the Office of Renewable Energy Regulator's website at www.orer.gov.au or the CEC website www.cleanenergycouncil.org.au.