Solar Feed-In Tariffs of State
State & Territory Governments in Australia have taken distinctive approaches towards implementing Solar Feed-in-tariffs which also known as solar buy-back scheme or Solar Bonus Scheme. Solar feed-in tariffs are the payments provided to you in exchange of the clean energy that your solar panels supply back to the grid of your respective electricity provider.
In the past few years, many changes have been done in these feed-in-tariffs across all states and Territories. As it is known that the premium tariffs are not available now, hence, homeowners can get benefits from the reduced prices of Solar PV systems.
To get rid of the ever increasing electricity usage cost, everyone is now thinking of investing in Solar PV systems because this allows home owners to have control on their electricity bills. In Australia, all the Solar Feed-in tariff schemes available currently are ‘net’ schemes. In a net Feed-in tariff, you get rewarded for every unit of solar energy that you deliver back to the grid.