Solar Power Portal Feed In Tariff

Each year ipart an independent regulator in nsw sets a.

Solar power portal feed in tariff. It s usually a set rate per kilowatt hour and paid as a credit on electricity bills. Feed in tariff rates feed in tariff rates. To cut a long story short solar feed in tariffs fits are similar to the return and earn scheme in new south wales where people return containers in exchange for a refund. Feed in tariffs fit were launched on the 1st of april 2010.

There are three ways you can benefit from feed in tariffs. What are feed in tariffs. The tariff rates are adjusted annually by the percentage increase or decrease in the retail price index over the 12 month period ending on 31 december of the previous year. The mcs is the independent government backed scheme that certifies micro generation products such as solar photovoltaic panels hydro anaerobic digestion wind or micro combined heat and power.

The energy regulator ofgem administers the feed in tariffs scheme but your electricity supplier makes fits payments. Hydro systems and some other renewable technology types. A feed in tariff is a payment you can get if you generate your own electricity eg with solar panels or a wind turbine and you can also sell energy back to the grid. However instead of being refunded cash feed in tariffs allow households to get credits on their power bills in exchange for exporting any leftover electricity back.

A solar feed in tariff is a payment you get for the excess electricity produced by your system which is fed back into the grid. A bigger feed in tariff may also be attractive for households that are hardly home during the working day to use their solar power and consequently have most of it exported to the energy grid. Solar and battery power. Find out how to apply.

The scheme is an environmental programme aimed at promoting widespread uptake of a range of small scale low carbon electricity generation technologies e g. Renewable energy feed in tariff business customers install a solar and or wind power renewable energy system on your premises and connect to the clp grid to earn fit payments. This is part of the government funded feed in tariff fit program and is an element of the uk s overall effort in meeting eu 2020 renewable. Eligible customers can be paid a solar feed in tariff with any of our electricity plans.

Conversely customers with small solar systems or a storage battery probably won t export much solar to the grid and should focus on cheap electricity.