What Is Feed-in Tariffs (FiT)?
A feed-in tariff (FiT) is a payment customers for any unused electricity that the solar power system generated and fed into the supply grid. FiTs a set rate per kilowatt hour(kW) and paid as a credit on your power bills.
What Is The Purpose Of Feed In Tariffs?
- Encourage the adoption of renewable energy
- Encourage electricity consumers to become more energy-efficient
- Promote the diversification and Eco friendly energy
- Pay back the solar PV system investment
To give you an indication of what rate you may be eligible for, here’s a list of feed-in tariffs rate in Queensland.
Price exclude GST & subject to change without notice, Last update 15.FEB.2019
| Electricity Retailer | Feed in Tariff rate | Electricity Retailer | Feed in Tariff rate | |
| AGL | Powerclub | |||
| Energy Australia | Dodo Power | |||
| DC Power Co | QEnergy | |||
| Click Energy | ReAmped Energy | |||
| Diamond Energy | Elysian Energy | |||
| Alinta Energy | Ergon Energy | |||
| Energy Locals | Future X Power | |||
| Simply Energy | Origin Energy | |||
| Locality Planning Energy | Kogan Energy | |||
| Powershop | 1st Energy | |||
| Amaysim | Discover Energy | |||
| Powerdirect | Red Energy |