SOLAR FEED IN TARIFF SA

Solar feed-in tariffs are credits that eligible solar owners can receive for any unused electricity produced by their system that is sent back to the power grid. Another major benefit of solar FiTs is that it can be a major benefactor to your ROI and payback period.

Currently, there is no minimum solar feed-in tariff in South Australia. Electricity retailers voluntarily set their own rates so it is crucial that you choose an energy provider that offers comparable rates that fit your personal and financial needs.

There is no universal FiT rate that fits every household. It’s important to weigh each respective factor in order to obtain the right rate. For instance, larger solar systems may export an abundance of excess electricity back into the grid so a higher solar FiT may be preferable.

Conversely, smaller solar systems like PV panels for example, may look towards lower rates or supply charges. This can impact your return on investment and also positively impact your payback period.

Before committing to an energy retailer, keep in mind that the aforementioned factors stated above are only a small part of the bigger picture. Be sure to do your own research to find a provider that fits your needs.

If you want to read more about other rebates and programs offered in SA, simply fill in your details in the form above to receive a free copy of our guide to solar rebates and incentives in SA.