Feed in Tariffs
A feed-in tariff is a premium rate paid for electricity produced by a renewable source such as an on grid solar power system or a wind turbine, usually over and above the market rate for electricity. At present, feed-in tariff regulations for renewable energy exist in over 40 countries around the world and have contributed to the strong growth in the installation of solar power in those countries.
There are many types of feed in tariffs, with many different rates and details. A net feed-in tariff, also known as export metering, pays the owner of the solar power system only for surplus energy they produce or export to the grid over and above what they use from the electricity grid. Whereas a gross feed in tariff pays the owner of the solar power system for all electricity generated by your on grid solar power system. Australia currently has no nationalised feed-in tariff program, only state run schemes.
- Attached is an overview of the current feed-in tariffs in each state.
- Attached is an overview of feed in tariffs by Energy Companies.
In addition to the standard state based feed in tariffs some electricity retailers are beginning to "Top-up" the legislated feed in tariff, giving consumers a more generous return on the electricity they export to the grid.
