NT Feed In Tariff Information

In terms of economic return, the Northern Territory used to be the best place to install rooftop solar panels in Australia. Not only is there plenty of sunshine, but NT had the last remaining generous solar feed-in tariff in the nation still available to new installations.

However, on April 5, 2020, the Northern Territory Government announced a new standard Feed in Tariff (FiT) of 8.3 cents per kWh will apply to all new business and residential solar installations up to 30kW capacity. Existing installations will keep the previous rate – but more on this below.

While solar is still certainly worth it in the Territory, it will now involve a longer payback period.

The “Premium” Feed-in Tariff

The Northern Territory previously offered a gross feed-in tariff of 26.05 cents a kilowatt-hour, which is the same as the standard tariff for electricity, including GST. So every kilowatt-hour of electricity your rooftop solar system generates will save you that much money on your electricity bill whether you use the power yourself or send it into the grid.

This rate is now called the “Premium” feed-in tariff.

Unusually for Australia, commercial electricity rates in the Northern Territory are higher than residential rates, so the NT commercial feed-in tariff (Premium) is equal to the commercial standard tariff of 30.32 cents per kilowatt-hour.

Keeping The Premium Feed-In Tariff

For those lucky enough to have a system already installed as at April 5, 2020 (or have their paperwork lodged with Power and Water), they will be able to keep the PFiT assuming they don’t upgrade system capacity, move premises or take advantage of a new battery subsidy that was announced the same day as the rate cut.

The Northern Territory’s PowerWater Corporation

Electricity, water, and sewage disposal services in the Northern Territory are provided by the Territory Government owned corporation, PowerWater. It is run by very talented people who never confuse the two, so taking a shower in Darwin is not a shocking experience – but always, always check for crocs in the shower cubicle first.

This also means that you can’t shop around electricity retailers for a better deal on solar feed in tariffs; but still, the buyback rate you’ll receive through the NT feed in tariff will be the envy of many solar power system owners in other Australian states.

 To get your quotes, please enter your postcode: