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Government Incentives

Significant government incentives are available for businesses to install Solar Energy Systems.

They include:

 

Feed in Tariff (FIT)

A Feed in Tariff (FIT) is the amount you’re paid per unit (kilowatt hour – kWh) for electricity your system produces that you sell to the grid.

The amount paid per kWh and the time frame of the scheme varies per state.
The FIT comprises an amount paid by the State Government which is quoted below plus an amount paid by your electricity retailer which can be up to 16c/kWh.

ACT1 : 1, you’ll get paid the same amount you pay, approx 19c per kWh (less GST – for next 20 yearsUp to 30kWNT1 : 1, you’ll get paid the same amount you pay, approx 27.87c per kWh from 01Jan2013. (NT PAWA)30kW

GovtRetailerTime Frame/CommentsSystem Size
QLD 8c/kWh Up to 16c/kWh Valid for 2 years size up to 5kW
VIC 8c/kWh Up to 8c/kWh Paid until end of 2013 Less than 100kW
SA 16c/kWh 8c/kWh Paid until 2016 up to 10kW
TAS 1 : 1, you’ll get paid the same amount you pay, 22.648c per kWh 10 kW (1 phase); 30 kW (3 phase).
NSW nil 8c/kWh No FIT contribution from the state government retailers AGL,Origin  
WA nil 8c/kWh Paid for 10 years from installation, (Synergy)  

Correct as at 21 Feb 2013
Offers from Energy Retailers will vary within each state, so it pays to shop around the find the best deal.

Actual FIT figures will be reviewed and finalised at time of the feasibility assessment & proposal.

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