30 September 2007
Solar generated feed in tariff
Both the ACT and South Australian Governments have recently announced that they will be implementing generous feed in tariff schemes for domestic photo voltaic systems. The South Australian scheme will pay 0.44c per KWh and the ACT scheme will pay 0.52c KWh. Queensland has had a scheme for a little while but the rate is a lowly .015.5c KWh.
Like all government initiatives, the devil is in the details. The ACT scheme will pay the tariff on the gross power output, whereas the South Australian scheme will only pay on the net power export. The difference could be significant.
In any case, it has been a long time coming for Australian State Governments to start taking feed in tariffs seriously and incentivising homeowners to consider switching to solar power generation.