 |
|
Feed
In TariffsState |
Status
of Feed In Tariff |
Max Size | Rate |
Contract
|
Gross/Net |
| ACT | FIT Closed. Now 1:1 Buyback |
10 kW |
- |
- |
|
| NSW | Closed 5/11. No Statewide scheme replaces it | - |
- |
- |
- |
| N.T. | No proposal. | - |
- |
- |
- |
| Qld. | Reduces to 5kW 10/6/2011 | 5
kW |
44c. |
2028 |
Net |
| SA | Reduce 10/11. Plus see below | 10
kW |
16c. |
2016 |
|
| Tas. | No FIT Scheme. | ||||
| Vic. | Closing. New Scheme starts Jan 1, 2012 | 5
kW |
25c. |
5
yrs. |
Net? |
| WA | Suspended 8/11 |
A lot of people are confused over conflicting opinions on whether income from a feed-in tariff in Australia is taxable income. The short answer is 'No'. We have been provided with an ATO Private Ruling on the subject. Rest easy!
ACT (Canberra) Feed-In Tariff:
Came into effect from March 1st. 2009. Closed July 2011. Replaced by a 1:1 Buyback Scheme for domestic systems up to 10kW.
NSW Feed-In Tariff:
The NSW Government has now closed the Feed In Tariff. A replacement scheme is still under discussion. Where available, a 1:1 system combined with rapidly-rising electricity prices make solar panels an excellent investment. visit our Sydney Photovoltaic systems page.
Northern Territory Feed-In Tariff:
There is no Northern Territory-wide feed-in tariff, but through the Alice Solar City project Alice Springs residents can access a gross feed-in tariff of 45c/kWh for 2kW max system (capped at $1825 per annum). More info at www.alicesolarcity.com.au
Queensland Feed-In Tariff:
The Queensland Government's Climate Change Strategy 2007, introduced a 'Queensland Solar Bonus Scheme'.
South Australia Feed-In Tariff:
The South Australian Government has wound back it's Feed In Tariff which will now pay the consumer 16c. per. kW/hr. for excess electricty they feed back to the grid. From January 2012, they will also be eligible for a Minimum Retailer Payment on all excess electricity exported. This weill initially be apid at 7.1c/kWh, riising to 9.8c in July 2012 and 11.2c the following year.
Tasmania Feed-In Tariff:
The Tasmanian Government has no FIT scheme.
Victoria Feed-In Tariff:
The Victorian Government is winding up it's previous Premium Feed-In Tariff, and all paperwork needs to be completed by 30/9/2011. A new Transitional Feed-In Tariff will be introduced from January 1, 2012. It will run for 5 years, pay 25c for power exported to the grid, at a have a system size capped at 5kW. Details of the new FIT...
Western Australia Feed-In Tariff:
During
the 2008 Election campaign, both tha Labor and Liberal Parties promised
to introduce a Gross feed-in tariff. In June 2009, the
new WA Liberal Government announced that it was reneging on this
promise. WA then offered
a Net Feed In Tariff from August 1st., 2010 In August
2011, they completely suspended the scheme.
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©Enviro-Friendly.com 2002-2012 All information provided in good faith- E&OE
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