Solar Feed-In Tariff
SOLAR REBATE QLD
When you install a solar system, there’s a possibility that you won’t use all the electricity you generate. This is a huge opportunity. With QLD Government solar rebates, you can credit your surplus electricity to your energy account – meaning you pay less on your next bill.
If you’re thinking of installing solar at your property and saving money on your energy bill, our friendly experts can help. We ensure you understand how solar feed-in tariffs work in your area and can help set it up, so you can make the most of your renewable energy system.
WHAT IS IT
What is the QLD Government Solar Rebate?
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
How does a solar feed-in tariff work?
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.
The Difference Between Solar Feed-In Tariffs and Solar Rebates
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
Easier Feed-In Tariffs
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.