Solar feed-in tariffs (FiTs) are payment schemes that allow individuals and businesses to sell excess solar energy back to the grid. In South Australia, FiTs are regulated by the Essential Services Commission of South Australia (ESCOSA) and are available to customers who generate electricity using solar panels or other renewable energy sources.
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Eligibility
To be eligible for the FiT, customers must have an eligible renewable energy system installed on their property and be connected to the grid. The system must also be accredited by the Clean Energy Council and meet all relevant safety and performance standards.
Benefits
The combination of the FiT, SRES, government’s incentives and rebates can significantly reduce the payback period for a solar system, making it an attractive option for those looking to reduce your energy bills and carbon footprint.
Overall, the solar FiT in South Australia is a beneficial program for those looking to invest in renewable energy. It provides a financial incentive for the generation of clean, renewable electricity and helps to promote the adoption of renewable energy technologies in the state.
Is there a minimum solar feed-in tariff in South Australia?
In South Australia, there is no minimum FiT. The retailer feed-in tariff is variable sum merchants offer to anyone with a qualifying solar PV system. It might fluctuate regularly due to factors such as the wholesale price of electricity and market competitiveness.
Comparison by retailers
The table below lists the lowest and highest FiT tariffs for major South Australian electricity retailers.
Best feed-in tariff SA
Should I simply consider solar feed-in tariffs when selecting a provider?
There may be instances where the supplier entices you with a high FiT, but you still wind up spending more since they combine it with higher electricity prices and daily supply charges. As a result, we urge that you examine factors other than the feed-in tariff when making a more educated, balanced decision.
Every household will have to weigh its factors on an individual basis. Large solar systems may export plenty of excess clean electricity back into the grid. Therefore, a high solar FiT may be an essential feature for them.
In contrast, someone with a modest solar system may wish to prioritise lower rates or supply costs because they will get fewer potential charges on their bill.
Energy Matters is one of Australia’s most trusted solar quotes due to our high customer satisfaction and industry recommendations. Our team of solar experts can help you get up to 3 FREE solar quotes from pre-qualified and vetted solar firms in your area. Let’s harness the power of the sun together!
Read more about solar feed-in tariff in SA
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