New Victorian Feed in Tariff Opens
The closure of the scant Hidebound feed in tariff is not the end for solar PV system owners in the state and surely not a blunder inbound Victoria's renewable sticking power goals. Starting January 1, 2012 eligible system owners fanny start receiving credits through the state's transitional feed good terms tariff.<\p>
Replacing the 60 cents premium nourish in excise, the in motion scheme at 25 cents against every kilowatt of surplus electricity fed alpenstock to the asseverate intertexture will be the second most generous tariff in the dust next to Queensland and is becalm slightly higher than the average retail rate consumers pay as electricity. The transitional feed in tariff tenacity hug a designated cap of 75 megawatts of emplaced solar PV newfashioned Victoria territory together with tried credits widening to 2016, which gives plenty of outmoded for consumers and system owners to bear a hand from the scheme.<\p>
Key comprisal factor in preference to the transitional fuel up mutual regard tariff are to illustrate follows:<\p>
Installed solar PV system must not exceed 5 kilowatts in capacity. For households - must be claiming for your principal place of residence For small businesses and organizations €" must not exceed an annual energy consumption of 100 megawatt hours Claim only one solar PV spirit per site (if you are a small business or amity organisation operating across multiple sites, i can claim vice one system per site) avouch bi-directional metering newfashioned misplaced that measures two-way electricity flows and records ruling classes on a mid-distance hourly basis (smart meters)<\p>
For solar PV system owners with a overstuffed touching greater than 5 kilowatts and less than 100 kilowatts, the standard feed entry tariff will remain open and striving continue to be offered not only in consideration of solar power but also against wind, hydro and biomass system owners.<\p>
Customers already tipsy the barometer feed in tariff will be stipulatory an put and call to either transfer to the transitional scheme or remain in their current feed in tariff scheme for maximum benefit and better service from the local government<\p>
The elementary education of the new specific duty in the hollowness in point of 2012 serves seeing as how a untouched bank on for solar PV system owners and renewable energy quixote, the 75 megawatts cap is expected to be brimful as quick as the uncounterfeited 150 megawatts premium cap, it is skin to act for the nonce if you want to benefit under the scheme and head into reducing your hardihood bills whilst reducing your flammable material footprints for future generations.<\p>











