WHAT IS IT
If your home or business property produces more solar power than it needs, a solar feed-in tariff allows you to feed energy back into the network grid for other customers to use. In exchange for your unused electricity, you receive a rebate on your electricity bills.
There’s currently no nationalised program for feed-in tariffs. Instead, each Australian state has a unique arrangement based on energy prices in individual areas. That means a solar feed-in tariff in NSW may offer a different rate than a solar power feed-in tariff in QLD.
WHAT IS IT
Any power produced by your solar panels that isn’t instantly used gets exported back into the shared electricity grid. But you’ll need to organise it with your local energy provider and ensure your solar power system is properly connected to the grid.
If you’re stuck, our team can help.It’s important to remember that the feed-in tariff isn’t a cash-in-hand arrangement. Any deductions you earn will be applied to your next electricity bill.
Although they’re both solar incentives, feed-in tariffs and solar rebates are very different. A rebate is a one-off payment designed to subsidise the initial cost of installing a solar power system. It’s often provided by the government to give immediate financial assistance.
On the other hand, feed-in tariffs provide ongoing deductions from your power bill. You may not notice the savings generated by your feed-in tariff right away, but it’s a crucial investment that can make a huge difference to your long-term budget.
WHAT IS IT
We’ve strategically partnered with Energy Locals, a non-profit organisation offering the lowest network fees with the highest feed-in tariff rate. Preparing the feed-in tariff with Pedleys Solar is a quick and pain-free process. You can sign up today at Pedleys Solar Energy Locals.
Feed-in tariffs have also recently increased, as energy prices have risen. So with a 6 kW system costing around $4,000 and providing $2,000 of energy savings a year, your system could be paid for in just 2 years.
We can answer all your questions about our solar company services and pricing. Call us today on 1800 270 963 or fill out our contact form. A friendly member of the Pedleys team will respond with answers and an obligation-free quote.