ACT announces improved Feed In Tariff

The ACT government made a welcome announcement about their, already generous, Feed In Tariff, last week.

The main points were:

The FIT now applies to “community owned” solar systems. That means that if your roof is shaded and you want to club together with others in the same position and install a system on the local RSL (for example) there is nothing to stop you getting the FIT and sharing the rewards.

Or if you live in units, you can get a shared system on the roof of the unit block.

The Feed In Tariff will be applicable for systems up to a whopping 30kW, so it becomes quite an interesting investment proposition in today’s volatile market. ( This solar calculator will crunch the numbers if you’re interested).

They also announced FITs for large scale solar. here are the details:

  • An overall scheme cap of 240 MW of generating capacity;
  • Large scale generation category for generators larger than 200 KW (category cap of 210 MW);
  • Medium scale generation category for generators between 30KW and 200kw (category cap of 15 MW); and,
  • Existing micro generation category (household rooftop) up to 30KW (category cap of 15 MW).

Some of the funding has come from the axing of plans to fund a $30 “Solar Facility” in ACT (whatever that was meant to be – probably was gonna be a bunch of public servants running around and racking up platinum frquent flyer accounts writing reports and attending conferences on how to reduce CO2 emissions – if my experience at CSIRO was anything to go by…)

In summary – great news from the land of the public servants – now we just need Julia Gillard to make all their legislation redundant by announcing a national FIT … we can but hope.

About Finn Peacock

I'm a Chartered Electrical Engineer, Solar and Energy Efficiency nut, dad, and founder of SolarQuotes.com.au. My last "real job" was working for the CSIRO in their renewable energy division.

Speak Your Mind

*

GET THE SOLARQUOTES WEEKLY NEWSLETTER